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 program is available across the United States through a network of more than 100 academic and community partners, and over 5,600 small business owners have participated, and the program continues to expand.
ASTRA is excited to be an official nominating partner of the Goldman Sachs 10,000 Small Businesses program for their Chicagoland chapter. This partnership allows ASTRA the opportunity to highlight our retailers, manufacturers, sales representatives and affiliate members to Goldman Sachs and provide members with the guidance needed to apply.
Market expansion and industry viability are two key areas of ASTRA’s strategic plan. ASTRA’s goal is to create nominating partnerships with all eleven Goldman Sachs programs across the United States in California, Florida, Illinois, Louisiana, Michigan, New York, Ohio, Pennsylvania, Rhode Island, Texas and Utah to support these goals.
Goldman Sachs 10,000 Small Businesses offers a practical business education and a supportive network of peers and advisers—at no cost to participants. Accepted small business owners will learn practical skills to grow their business, including negotiations, marketing, employee management and more. Participants also receive one-on-one business advising and get expert guidance from Goldman Sachs professionals, attorneys and others.
Just 6 months after completing the program, 72% had increased revenues and 50% had created net new jobs. 85% of participants have done business with other program participants.
Chicagoland ASTRA members are encouraged to apply for the next Goldman Sachs cohort. Click “Apply Now” by February 7, 2018 to be considered for the program: www.10ksbchicago.com