CIC, short for Cambridge Innovation Center, is a global company that provides workspace, labs, and event space for innovators and entrepreneurs. Since its inception in 1999, CIC has grown from a single location to over 1.2 million square feet of space across the globe. The company's primary market is startups, small businesses, and public entities that are looking for a conducive environment to foster innovation and growth.

CIC operates by creating a vibrant network where clients can learn from others in their industry and spark new ideas. The company also offers bespoke consulting to help businesses tackle complex expansion challenges and find opportunities for strategic growth. This is done by an experienced team that supports businesses, builds and enables industry clusters, and provides world-class district consulting.

The company has been instrumental in raising $17 billion in capital for its clients. It also hosts numerous events globally per year, aimed at building a stronger community and promoting growth. CIC has been selected by the University of Chicago to operate shared lab and office space at Hyde Park Labs, providing scientists the opportunity to join CIC’s global network. Additionally, CIC was selected for the Minority Business Development Agency (MBDA) Capital Readiness Program, aimed at supporting underserved entrepreneurs.

CIC makes money by charging its clients for the use of its workspace, labs, and event spaces. It also generates revenue from its consulting services.

Keywords: Innovation, Workspace, Labs, Event Space, Consulting, Networking, Capital Raising, Global Network, Minority Business Development, Strategic Growth.