How it Works - US
Announced by Goldman Sachs in 2009 as a $500 million initiative, the program has three main components.
About the Program - United States
In the United States, Goldman Sachs10,000 Small Businesses is a $500 million investment to help small businesses create jobs and economic opportunity by providing them with greater access to business education, financial capital, and business support services.
Small businesses have generated 64 percent of net new jobs over the past 15 years. They represent 99.7 percent of all employer firms, hire 40 percent of high tech workers, and produce 13 times more patents per employee than large patenting firms.*
Goldman Sachs 10,000 Small Businesses is designed to tap into that economic power by providing entrepreneurs across the country with access to business education, financial capital and business support services to help small businesses grow and create jobs.
The program is currently operating in Chicago, Houston, Long Beach, Los Angeles, New Orleans and New York. It will continue to expand on a city-by-city basis.
* Small Business Administration, http://www.sba.gov/advo/stats/sbfaq.pdf
Partners - US
The Goldman Sachs 10,000 Small Businesses program is delivered through partnerships between local community colleges, business schools, Community Development Financial Institutions and leading nonprofit organizations.
Apply - US
If you own a small business and are interested in becoming part of the program, please read about the selection criteria.