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Goldman Sachs 10,000 Small Businesses

PRACTICAL BUSINESS EDUCATION ACCESS TO CAPITAL A SUPPORTIVE NETWORK OF ADVISORS AND PEERS Goldman Sachs 10,000 Small Businesses is a $500 million investment to help entrepreneurs create jobs and economic opportunity by providing them with greater access to education, financial capital and business support services. The 10,000 Small Businesses program currently operates in 19 markets in the U.S. through a network of more than 100 academic and community partners, and the program continues to expand on a city-by-city basis. Education for Business Growth Designed by Babson College, the nation’s top-ranked entrepreneurship school, the curriculum focuses on practical business skills that can immediately be applied by business owners, including negotiation, marketing and employee management. 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 “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. Learn more. A Network of Support By partnering with a one-of-a-kind consortium of local academic partners, we are able to help drive economic growth within small business communities while also providing a curriculum that focuses on immediately applicable skills. Through the program you will gain practical skills in topics such as negotiation, marketing and employee management that you can immediately put into action.

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APPLICATION PROCESS

Applications are accepted on a rolling basis. The application process for Goldman Sachs 10,000 Small Businesses program is a two-step process. Upon the submission of your application, you will receive an e-mail confirming its receipt and additional follow-up to denote the class (cohort) for which you are being considered.

Step 1: Application

The Application is an initial assessment designed to help us understand you, your business, and why you are interested in the 10,000 Small Businesses program. This information will be kept confidential. Within approximately two weeks following your submission, all candidates will be notified regarding their application status, and whether they will advance as a finalist to the interview round.

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Step 2: Interview Addendum

If selected for an interview, you will be asked to complete the 10,000 Small Businesses Interview Addendum, which includes additional questions along with a request for the submission of supporting documentation. All information submitted at each stage is private and will be kept confidential.

Join us for an information session on Thursday, August 24th, 6–8 pm, at Earl G. Graves School of Business, Morgan State University, 4100 Hillen Road (corner of Hillen and Argonne)

Have a question?

Please contact [email protected], with any questions you may have regarding the 10,000 Small Businesses Baltimore program.

ELIGIBILITY

Is your business ready for what’s next?

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 more than $100,000 in the most recent fiscal year
Business with a minimum of two 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, attending networking events and business support clinics (approx. 6 – 8 hours per week)
Create a growth plan over the course of the program

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