Corporate Viewpoints—Interviews with Top Managers: Interview with Walter McMurtry
Abstract
Walter McMurtry is a founder and president of ICBIF, the Inner-City Business Improvement Forum. In seven years, ICBIF has organized Detroit's first Black-owned bank (First Independence National Bank), first Black-owned stamping plant, first Black-owned large scale food-processing plant, first Black-owned lumber yard and first Black-owned fiberglass manufacturing organization. This company has raised over $9.5 million for inner-city businesses and started or assisted 200 minority-owned companies, whose contribution to Detroit has been $35 million in assets and 1100 new jobs.

