Chicago Gains a New Class of Entrepreneurs
Participants Graduate from the Goldman Sachs 10,000 Small Businesses Program
(Video courtesy of WGN News)
Chicago - How would you feel if Warren Buffet, Mayor Rahm Emanuel, and Goldman Sachs CEO Lloyd Blankfein presented you with a diploma?
That was the case for the 37 graduates of the Goldman Sachs 10,000 Small Businesses initiative, who celebrated the end of the small business training program at Malcolm X College in Chicago last week.
The Chamber partnered with Goldman Sachs after urging the company to bring the successful program to Chicago for almost two years. The initiative aligns with the Chamber’s existing small business support options, which includes the newly created Small Business Development Center (SBDC). This gave the Chamber and the SBDC the opportunity to help recruit candidates for the education and lending opportunities provided by the program.
By investing $25 million in the Chicago program, Goldman Sachs ensured the participating small business owners 20 weeks of practical training in growing their business, negotiation and leadership as well as valuable networking opportunities.
"This is the type of program that could be a game-changer for many of our region’s small businesses," said John Roberson, Executive Director of the Chamber's Small Business Development and Resource Center. "The Chamber, Goldman and the City Colleges share the same goal: to accelerate the growth of our local companies so that they create jobs for our region."