100 fastest growing inner city businesses

From a Brooklyn craft brewer, a scrap metal recycler, to an event tent designer, America's urban core is home to a host of novel, fast-growing small businesses. Here's the top 100, as ranked by the Initiative for a Competitive Inner City.

1. Coyote Logistics
1. Coyote Logistics
2010 Revenues: $327.9 million
5-year Annual Growth Rate: 295%

CEO:
Jeff Silver
Location: Chicago, IL

About the business:
For Coyote Logistics, a transportation and logistics provider in Chicago, timing is everything. Founder and CEO Jeff Silver, who launched Coyote with his own money and some private equity dollars, refers to his firm as a trucking company without the trucks. A struggling economy has contributed to Coyote's success: Silver started the company just as shippers and carriers were looking for ways to make operations more efficient. Coyote has a customer base of both big and small clients, but their employees -- most of them inner city residents -- are perhaps the company's strongest advocates. Coyote Logistics was recently named one of the best places to work in Chicago by the Chicago Tribune.


The Initiative for a Competitive Inner City (ICIC) defines inner cities as core urban areas with higher unemployment and poverty rates and lower median incomes than their surrounding metropolitan statistical areas. For the 2012 list, ICIC received more than 2,000 solicited nominations using its database of small businesses and through the support of its nominating partners, including the U.S. Hispanic Chamber of Commerce, Staples, New York City Department of Small Business Services, and the U.S. Conference of Mayors. Companies were ranked by compound annual growth rate (CAGR) based on their revenue over the five-year period between 2006 and 2010, the last year for which complete data was available. This list was audited by the independent accounting firm of Rucci Bardaro and Barrett, PC.
@FortuneMagazine - Last updated May 11 2012: 10:59 AM ET
Join the Conversation
How small businesses grow, even in a tough economy

This year's Inner City 100 companies have fought off a sluggish economy through a combination of smart investment and savvy strategy. Here's how they are doing it.

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.