Goldman Sachs 10,000 Small Businesses is a training program designed to help entrepreneurs, poised for growth, develop valuable skills to grow their businesses and provides them with information about accessing financial capital and powerful networking opportunities—at no cost. Since 2011, more than 400 entrepreneurs have benefited from the Greater New Orleans program and have continued to work together.
Participants can expect one-on-one business coaching, legal and financial clinics, workshops, and a dynamic network of peers and experts. Small business owners also will learn to identify and evaluate opportunities, embrace practices that increase business growth, and ultimately develop a comprehensive growth plan for their businesses.
“10,000 Small Businesses has been one of the most significant and useful learning experiences I have ever had”, says Gene Sausse of BooKoo Bounce in Jefferson Parish. “My business is more profitable and efficient, plus I understand my financials better than ever. I have purchased the building that my business operates in and hired nearly 50 percent more staff since starting the 10,000 Small Businesses program in 2011.
Applicants must demonstrate a commitment to growing their businesses and creating jobs within the community. They should meet the following criteria:
• Owner or co-owner of a business,
• Business in operation for at least two years,
• Business revenues over $150,000 in the most recent fiscal year; and
• Minimum of four employees, including the owner.
Goldman Sachs 10,000 Small Businesses is an investment to help entrepreneurs create jobs and economic opportunity by providing greater access to education, capital and business support services. Goldman Sachs and the Goldman Sachs Foundation are committing $20 million to the program in the Greater New Orleans area. For more information and to apply, visit www.10KSBapply.com.