In-person classes for Goldman Sachs 10,000 Small Businesses at LaGuardia Community College have been canceled until further notice. We are currently delivering the winter cohort (started January 2021) and spring cohort (will take place in May 2021) remotely. We hope to deliver future cohorts in person, provided the college is able to meet the New York State and CUNY guidelines for re-opening. Our decision to go back to in-person classes will be guided, first and foremost, by our obligation to protect the health and safety of all. Please continue to check our website for further updates.
Goldman Sachs 10,000 Small Businesses at LaGuardia Community College is a practical business management education program that helps you develop the skills you need to grow your company. You will receive a series of 11 learning sessions, business support services and one-on-one business advising from dedicated professionals to help develop a tailored plan for growth. At LaGuardia, we will give you an opportunity to explore and experiment – an environment in which you can discover the most efficient path to achieving your business goals. View the 10KSB Impact Report.
Goldman Sachs 10,000 Small Businesses is a $500 million national program designed to help small businesses in the United States create jobs and economic growth by providing entrepreneurs with a practical business education, access to capital and business support services. The program is based on the broadly held view of leading experts that greater access to this combination of services best addresses barriers to growth. Through the support of the Goldman Sachs Foundation, business owners selected to participate in 10,000 Small Businesses will receive a scholarship covering program tuition and materials.
At LaGuardia Community College, we pioneer new ideas, many of which become pilots for the nation. In 2010 LaGuardia Community College was selected by Goldman Sachs as the 10,000 Small Businesses first community college in the country for this initiative – a test case that has since expanded beyond New York to Chicago, Houston, Long Beach, Los Angeles and New Orleans. Since the founding of the program, 10,000 Small Businesses at LaGuardia has trained 850 businesses that have created new jobs, secured loans, and negotiated new contracts. We are proud to partner with Goldman Sachs 10,000 Small Businesses to offer greater New York metropolitan area small business owners access to a practical business and management education. Through the support of Goldman Sachs and the Goldman Sachs Foundation, each business owner that is selected to participate in the program at LaGuardia Community College will receive a scholarship to cover program tuition and materials.
In order to receive maximum benefit from the Goldman Sachs 10,000 Small Businesses education curriculum, you are required to:
As a participant in the Goldman Sachs 10,000 Small Businesses program at LaGuardia Community College you will benefit from a highly practical, business entrepreneurship education that was created with Babson College, a 10,000 Small Businesses partner recognized internationally for its leadership in entrepreneurial business education.
You will receive a practical business and management education delivered through a partnership between LaGuardia Community College and leading business schools. While enrolled in the program you will develop a customized growth plan for your business. At LaGuardia, we will give you an opportunity to explore and experiment – an environment in which you can discover the most efficient path to achieving your business goals. The curriculum focuses on developing skills that you can apply immediately to address the issues most critical to growing your businesses, including:
Peer learning is critical to the Goldman Sachs 10,000 Small Businesses classroom experience and, as a result, coursework is highly collaborative and draws upon the real-world experiences of participating small business owners. The program consists of 100 hours of instruction in addition to evening sessions that include HR, legal, financial and negotiations clinics as well as other business assistance activities. To view a detailed description of the business and management education program, click here. In addition to the classroom experience, the Goldman Sachs 10,000 Small Businesses program will:
You will be given the opportunity and tools to position your businesses to access loans. LaGuardia Community College will work with a Community Development Financial Institution (CDFI) to provide loans to local businesses. Through the partnership, loans will be available to qualifying small businesses that lack access to affordable capital or that do not qualify for traditional sources of credit.
You will receive one-on-one business advising from dedicated professionals to help develop a strategic and tailored plan for growth. Additional support services are offered to participants through partnerships with national and local business organizations, professional services firms and the people of Goldman Sachs.
Rechelle Balanzat is CEO and founder of JULIETTE, a premium laundry and dry cleaning service. She founded the company in 2014 and operates from the Upper West Side of Manhattan. Rechelle joined the 10KSB Tory Burch Foundation program to take her business to the next level, which included creating and executing realistic goals. Within 3 months of her graduation from the program, she opened a second location and increased revenue by 138%.
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