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Goldman Sachs 10K Small Business Alums Benefit from Summit


More than 110 of Utah’s small business owners attended the Goldman Sachs 10,000 Small Business Summit in Washington DC.  As graduates of the small business-training program, run by Salt Lake Community College, business leaders heard from the ‘who’s who’ of entrepreneurism and government leadership such as Tyler Perry, Senator Marco Rubio and former New York City Mayor Michael Bloomberg. 

The summit, titled The Big Power of Small Business, showcased speakers like Richard Branson of Virgin Group who said ‘in order to be a good leader, you have to be a good listener.’Sara Blakely, Founder and CEO of Spanx, a billion dollar brand, told her story of starting her business with grit and determination. Warren Buffett received a standing ovation as he spoke about the remarkable things small business leaders do and how they impact the economy and lives in every community.

Business leaders received great advice from Michael Porter and Adam Grant of The Wharton School and numerous instructors from Babson College who created the 10KSB curriculum. Chairman & CEO Lloyd Blankfein and Chief of Staff John Rogers spoke on behalf of Goldman Sachs about how proud they are of the program and the success the graduates have had.  “The power is with you.  Collectively. You are the backbone of America”, said Goldman Sachs Foundation EVP, John Rogers.
Goldman Sachs 10KSB graduates and Utah Sen. Mike Lee (center)

Business leaders went to Capitol Hill and met with individual state leaders. Utah’s delegation shared the 10KSB Utah pin with Senator Hatch and expressed their collective passion for small business as a loud voice for ensuring smart tax regulations and removing barriers to start and operate small businesses.

They shared with newly-elected Congressman, John Curtis, what the GS10KSB program is all about and how it’s helping elevate Utah businesses. Graduate and successful business owner Amelia Wilcox told congresswoman Mia Love that collectively the 10KSB alumni represent more than $9 billion in revenue generated from alumni alone.

GS10KSB has graduated more than 6,500 small businesses and the summit drew more than 2,220 to Washington. A product expo and marketplace showcased small business owners’ products in Union Square during the course of the event. David Skaggs of Utah featured his SumBlox at the event. Morning Joe anchors Joe Scarborough and Mika Brzezinski broadcast from the Summit and entertained the crowd with their band.


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