Fortune Magazine Honors French Truck Coffee for the Second Year in a Row
NEW ORLEANS — The Initiative for a Competitive Inner City (ICIC) announced that French Truck Coffee has made the 2019 Inner City 100 list of the fastest-growing inner city businesses in America based on revenue growth. This is the second year that French Truck has made this list, moving up from 10th place to 8th place this year.
The list was revealed at the 2019 ICIC National Conference in Boston on Nov 13. The full list is available on Fortune’s website. French Truck Coffee, led by owner Geoffrey Meeker, was ranked based on its five-year growth rate.
“It is a great honor to be included on the Inner City 100 list,” said Meeker. “It is gratifying and rewarding to be recognized alongside national leaders from so many industries.”
ICIC is a national Boston-based nonprofit created by Harvard Business School Professor Michael Porter in 1994 on the premise that under-resourced communities have vast, untapped potential, purchasing power and labor markets, which can only be realized by small business owners who are growing and creating high-quality jobs.
“Inner City 100 companies are forces of economic opportunity, optimism and transformation in their communities, and French Truck Coffee is a shining example,” said ICIC CEO Steve Grossman. “It leads the way in innovation, job creation and economic revitalization and it’s an honor to recognize the company’s leadership. In addition to excellence in business, these pioneering entrepreneurs have demonstrated a deep commitment to and passion for their local communities, which significantly impacts the well-being of their local economies.”