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Interracial Council for Business Opportunity
ICBO
TWENTY-SECOND ANNUAL DINNER
Wednesday, May 7, 1986
New York Hilton Hotel

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MALCOLM L. CORRIN
President & Chief Executive Officer

Malcolm L. Corrin has been President and Chief Executive Officer of ICBO since January 1974. He has been with ICBO for 17 years. He is an authority on minority economic development.

Mr. Corrin holds an Honorary Doctorate of Humane Letters from Morehouse College, his alma mater, has an MBA degree in Finance from the Wharton School of the University of Pennsylvania, has done further study at the Graduate School of Business Administration of Stanford University, and is a Chartered Life Underwriter (CLU). He is the recipient of the highest award of the National Black MBA Association.

He is on the Boards of the National Council for Urban Economic Development, the Wharton School Club of New York, the National Business League, and the New York Board of Trade. He is also Vice Chairman of the National Policy and Review Council.

Advocate of the free enterprise system for minorities, ICBO this year marks its twenty-second year as the first national organization devoted to bringing private sector resources to bear on minority business development. Through volunteer consultants and staff, ICBO has substantially aided over 50,000 minority businesspersons, and has been instrumental in obtaining over $300 million in financing and new sales for minority firms.

In assisting minorities, to expand or start firms, ICBO provides business analysis and feasibility studies; structures financing requirements and secures financing: and provides on-going operating and market development assistance.

A pioneer at inception, ICBO has pioneered once again, ICBO's chief focus is on the development of minority ventures of larger than typical size - companies requiring substantial capital. Though still small in major corporate terms, these businesses have significant economic and employment impact. They serve as useful additional supply sources to governmental agencies and to corporate America.

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