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targets businesses employing at least five full-time employees with revenue of at least £250,000, and a maximum of £15 million. Eligible companies in the UK need to have been operating for at least three years and be high growth. The applicant must be the most senior decision maker and, in most cases, the majority shareholder with majority control.
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In the US, the plan targets companies employing at least four full-time employees and with revenue of at least $ 150,000 in the most recent fiscal year. Eligible companies have to have been operating for at least two years and work "predominantly in under served markets". In the UK, the programme
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As of
September 2013, small business owners in all 50 states can apply to the program through an online curriculum or at one of 13 community college sites. Networking and mentoring will be offered through partnerships with national and local business organizations, as well as employees of Goldman
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in
November 2009 that pledged $ 500 million in various aid to small businesses in the United States, United Kingdom, and France. The initiative aims to provide 10,000 small businesses with assistance – ranging from business and management education and mentoring to access to capital and business
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Initiative, which has helped educate female entrepreneurs in 43 countries. According to a
January 2013 report by Babson College, 63.7% of program participants in the United States reported an increase in revenue and 44.8% added new jobs following graduation.
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Under the plan, Goldman will provide $ 200 million to pay for small-business owners to get business and management education at local community colleges – the first program being at
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In
February 2014 the Twitter handle @GS10KSmallBiz was launched by Goldman Sachs. In December 2015 the account had over 18,000 followers. Profiles of the
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The partner institutions and organizations include establishments in both academia and nonprofit sectors, as well as mission driven capital lenders.
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64:. According to the company, the small business initiative had been in development a year before the initial launch, and is modeled after its
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are the chairs of the program's advisory council. The program was launched in the face of mounting criticism over
Goldman Sachs' large
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in the US. In the UK, more information about alumni of the programme and the application process can be found here:
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graduates of the programme in the US can be viewed on the
Goldman Sachs YouTube playlist titled: Meet the Owners:
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UK which was originally offered in
Yorkshire, the North West, the Midlands and London, with partners including
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120:(UCL). The programme is now delivered nationally in partnership with
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404:"Goldman Sachs Pledges $ 500-Million to Help Small-Business Owners"
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325:"Goldman, Buffett Establish $ 500 Million Small-Business Program"
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605:"10,000 Small Businesses Partner Institutions and Organizations"
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480:"Goldman, Buffett launch $ 500 million small biz initiative"
526:"Goldman Sachs Launches 10,000 Small Businesses Initiative"
377:"Goldman Sachs Announces $ 500M in Aid to Small Business"
503:"Goldman Sachs Expands 10,000 Small Businesses Program"
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payouts after repaying (with interest) $ 10 billion in
553:. Aston Business School. 10 April 2014. Archived from
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323:Schmidt, Robert; Christine Harper (11 July 2009).
110:Manchester Metropolitan University Business School
607:. Goldman Sachs. 17 November 2009. Archived from
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289:Greater Philadelphia Hispanic Chamber of Commerce
426:"What Do Small Businesses Really Need To Grow?"
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96:Additionally, in 2010 Goldman Sachs launched
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454:"$ 500 Million and An Apology from Goldman"
274:National Federation of Independent Business
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284:United States Hispanic Chamber of Commerce
182:American Association of Community Colleges
31:is a philanthropic initiative launched by
909:List of former employees of Goldman Sachs
187:Association of Community College Trustees
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269:Initiative for a Competitive Inner City
577:"Goldman Sachs 10000 small businesses"
501:Karol, Gabrielle (19 September 2013).
48:and Harvard Business School professor
524:van Praag, Lucas (17 November 2009).
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40:support services. Goldman Sachs' CEO
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452:Bowley, Graham (17 November 2009).
478:Cowley, Stacy (17 November 2009).
351:"Small Businesses Turn to Goldman"
349:Spector, Mike (19 November 2009).
14:
402:Wilhelm, Ian (17 November 2009).
202:Community College of Philadelphia
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375:Tozzi, John (17 November 2009).
106:Leeds University Business School
649:10,000 Small Businesses Website
379:. Business Week. Archived from
816:Goldman Sachs Capital Partners
1:
654:Video 10,000 Small Businesses
551:"Give Your Business the Edge"
894:Goldman Sachs controversies
232:LaGuardia Community College
124:(University of Oxford) and
79:LaGuardia Community College
60:funds it received from the
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207:Cuyahoga Community College
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222:Houston Community College
217:Oakland Community College
212:Delgado Community College
118:University College London
899:Goldman Sachs Foundation
252:Macomb Community College
242:Los Angeles City College
197:City Colleges of Chicago
104:(University of Oxford),
37:Goldman Sachs Foundation
16:Philanthropic initiative
884:10,000 Small Businesses
837:Commodities Corporation
630:10,000 Small Businesses
355:The Wall Street Journal
237:Long Beach City College
164:10,000 Small Businesses
159:10,000 Small Businesses
155:10,000 Small Businesses
98:10,000 Small Businesses
44:, Berkshire Hathaway's
28:10,000 Small Businesses
914:Symphony Communication
847:NN Investment Partners
257:Wayne State University
23:
830:Historical components
279:National Urban League
227:Lagos Business School
126:Aston Business School
114:Aston Business School
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122:Saïd Business School
102:Saïd Business School
821:Petershill Partners
611:on 21 November 2009
383:on 20 November 2009
756:(Chairman and CEO)
748:Lloyd C. Blankfein
659:Daily News Article
458:The New York Times
263:Nonprofit partners
247:Miami Dade College
132:Selection criteria
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889:10,000 Women
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796:Robert Rubin
714:Samuel Sachs
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613:. Retrieved
609:the original
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533:. Retrieved
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507:. Retrieved
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381:the original
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329:. Retrieved
301:10,000 Women
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149:Social media
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66:10,000 Women
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791:Mark Carney
615:18 November
535:18 November
486:19 November
482:. CNN Money
463:19 November
409:19 November
387:19 November
360:19 November
331:18 November
734:executives
307:References
856:Buildings
809:Divisions
776:Gary Cohn
929:Category
904:GreenSky
702:Founders
589:9 August
561:27 April
509:27 April
437:27 April
171:See also
141:Partners
87:New York
35:and the
741:Current
732:Notable
634:Twitter
166:website
93:Sachs.
877:Others
764:Former
431:Forbes
83:Queens
580:(PDF)
529:(PDF)
295:Other
54:bonus
617:2009
591:2015
563:2014
537:2009
511:2014
488:2009
465:2009
439:2014
411:2009
389:2009
362:2009
333:2009
116:and
58:TARP
632:on
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