Access to Capital
Small-business owners learn how to become more bankable and position their businesses to access financing and capital. Through partnerships with local, regional and national Community Development Financial Institutions (CDFI’s) and other mission-driven small business lenders, or “Capital Partners,” loans are available
to qualifying small businesses that lack access to affordable capital or may not qualify for traditional sources of credit. Loan applications are accepted on an ongoing basis, independent of acceptance into the business and management education program.
A Network of Support
Participants will receive one-on-one business advising and the opportunity to learn from other like-minded business owners. The program provides this expert advice and technical assistance through partnerships with national and local business organizations, professional services firms and the people of Goldman Sachs.
Goldman Sachs 10,000 Small Businesses is designed for business owners who have a business poised for growth. We look for applicants who are passionate about growing their business, creating jobs in their communities and who generally meet these criteria:
- Owner or co-owner of a business
- Business in operation for at least two years
- Business revenues of at least $150,000 in the most recent fiscal year
- Business with a minimum of four employees (including the owner)
How the Program Works
To get the most out of the program, business owners are asked to invest their time to engage in the following:
- Attend a program orientation
- Complete 11 convenient learning sessions
- Participate in out-of-class activities, including completing assignments and attending networking events and business support clinics (approx. 6-8 hours per week)
- Create a growth plan over the course of the program