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 10,000 Small Businesses provides business education, support services and pathways to capital for growth-oriented entrepreneurs. Participants gain practical skills to take their business to the next level, with topics like financial statements, negotiations, and marketing. Participants develop an actionable growth plan for their business with the help of advisors and a network of like-minded entrepreneurs. The program is free for participants and delivered in partnership with academic institutions across the country. To date, Goldman Sachs 10,000 Small Businesses has served nearly 12,300 businesses in all 50 states, Washington D.C. and Puerto Rico.
Welcome Message from Pamela Fuertes, Executive Director
Welcome to the Goldman Sachs 10,000 Small Businesses program at Miami Dade College. Thanks to a partnership between Miami Dade College and the Goldman Sachs Foundation, since 2013, our program has assisted more than 575 small businesses grow in our community. Driven by the impact of small businesses across our communities, our program is designed to help small businesses create jobs and economic growth by providing entrepreneurs with a practical business education, access to capital and business support services. Our economic development initiative is based on the broadly held view of leading experts that greater access to this combination of education, capital and support services best addresses barriers to growth. Through a Babson College designed 9-module entrepreneurship experience, our program consists of Faculty-led workshops, peer-to-peer networking, business coaching sessions and more. Participants gain powerful knowledge and expert insight, giving them the tools needed for the success and growth of their business. Get started and learn more!
The impact of COVID-19 on small businesses and communities all over the world is significant. In the latest GS10KSB survey, 88% of small business owners support the federal government providing additional financial emergency assistance to small businesses given the rise of new COVID-19 strains.
Over the last year, small businesses overhauled their operations and revenue strategies to adjust to ever-changing circumstances. Whether it be setting up remote work, managing supply chain disruptions or debuting new products, pivoting became course of business. According to our new survey of more than 2,500 Goldman Sachs 10,000 Small Businesses participants, the majority of them believe 2021 will be better than 2020, but only half believe it will be better than the economy they knew before COVID-19 hit.
The impact of COVID-19 on small businesses and communities all over the world is significant. In the latest Goldman Sachs 10,000 Small Businesses survey, 77% of small business owners expect to exhaust their PPP loan funding by the end of June and only 26% are very confident they will be able to maintain their payroll when their funding is exhausted.
Join us for our monthly series dedicated to engaging conversations on entrepreneurship and small business advocacy. Learn more
Read the latest news and alumni highlights.
New Survey Data Shows Omicron Hurting Main Street, Leading Small Business Owners to Overwhelmingly Support Congress Passing Additional Aid