City of Los Angeles and Magic Johnson Confirmed
to Participate in Program Helping Inner City
Companies Secure Investor Capital
Johnson to Keynote Nationwide Inner City Capital Connections Investor Matchmaking Event November 15-
16 in Los Angeles
August 24, 2010 09:36 AM Eastern Daylight Time
LOS ANGELES--(EON: Enhanced Online News)--The Initiative for a Competitive Inner City (ICIC) today
announced participation from the Los Angeles Mayor's Office of Economic & Business Policy (OEBP) and
entrepreneur Magic Johnson for this fall’s Inner City Capital Connections (ICCC) program, which educates
investment-ready inner city companies about equity and other sources of growth capital, and matches them with
potential investors. Johnson will be the keynote speaker at the sixth annual ICCC, hosted in partnership with Bank of
America.
ICCC will be held in Los Angeles November 15-16 at the Westin Bonaventure, 404 South Figueroa Street. The
two-day event will feature a full day of speed-pitching to potential investors, along with workshops and individual
assessments on investment potential.
The Mayor’s Office of Economic & Business Policy works to create jobs and create and retain businesses in Los
Angeles through innovative economic development initiatives. Through a partnership with the Mayor’s Office of
Small Business Services, the Los Angeles Minority Business Opportunity Center, OEBP and ICIC, the City of Los
Angeles will reach out a number of growing businesses in Los Angeles to bring much-needed capital to companies in
economically distressed areas and help the ICCC program better understand the Los Angeles small business
environment.
“We are delighted that ICCC is bringing their conference back to Los Angeles and to partner with Bank of America
and my good friend Magic Johnson,” said Mayor Antonio Villaraigosa. “Public-private partnerships such as this will
bring much needed capital to our entrepreneurs and growing businesses and help lead us back to economic
recovery.” For more than 2