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Showing posts with the label GS10KSB

Goldman Sachs 10,000 Small Businesses Program at SLCC yields success

A new national impact study from Babson College shows that the Goldman Sachs 10,000 Small Businesses program administered in Utah through Salt Lake Community College is among the more successful business education and training programs in the country. Within 6 months of graduation, Salt Lake business owners who have completed the program outpace the national averages for revenue increases and job growth for their companies.    Program research showed that 70.2 percent of participating businesses in Utah reported an increase in revenue within six months of starting the program, compared to 68% nationally. In that same time period, the report showed that 47.9 percent of business owners added jobs, compared to 46.2% nationally.   In addition, the national impact study shows that 18 months after graduation, 76% of participants reported an increase in their revenues and 57% reported creating net new jobs. Finally, the program has a 99% graduation rate and 84% of gradua...

SLCC program helps fourth cohort of business owners

Salt Lake Community College has been helping entrepreneurs by offering a program that brings together business owners and local resources to network and ultimately – hopefully – grow those businesses. The fourth cohort of scholars in the Goldman Sachs 10,000 Small Businesses program gathered this week at the College’s South City Campus to meet with small business experts and potential funding partners. “It’s very clear that the commitment Goldman Sachs has made and the commitment Salt Lake Community College has made together is really strengthening the Utah economy and certainly strengthening our neighborhood and our community and our small businesses across the valley,” SLCC Interim President Dr. Deneece Huftalin told the audience that included 24 business owners. “We can’t think, as a community college, of an event or a project that we would more want to be involved in as part of what we see as one of our missions as a community college.” The program scholars in...

Company pushes ‘reset button’ through program at SLCC

South Mountain Builders Inc. owner Juan Cardenas sees the economic downturn of 2008 as a turning point, after which he pared his general construction company down from over 40 employees to just 3 family members and enrolled in a unique program at Salt Lake Community College. Things have been looking up ever since, and Cardenas was recently honored at the State Capitol along with other business owners who received “Client of the Year” awards from the Utah Small Business Development Centers network. “… I had no other choice but to push the reset button,” said Cardenas. “We’ve managed to regroup and move forward, thanks in part to my experiences growing up in a tough Los Angeles neighborhood where I learned to work hard and plan for the future.” He credits the Goldman Sachs 10,000 Small Businesses program at Salt Lake Community College with giving him “insights” into correcting lingering issues with his business. Advisers with the program, for example, helped him realize th...

First Class of Goldman Sachs 10,000 Small Businesses Program Starts at SLCC

Salt Lake Community College is pleased to announce the first class of the  Goldman Sachs 10,000 Small Businesses  program beginning at the College’s Miller Campus in Sandy on Friday, January 11, 2013.  The first class consists of 33 Utah businesses, which have been selected from a competitive pool of 102 initial applicants seeking the rigorous business education. The businesses selected represent a broad range of industries including; retail, manufacturing, construction, transportation, and services from medical, information technology, media, and human services areas. All businesses selected met specific application criteria and are positioned to provide increased revenue and job growth upon completion of the program. Through their dedication, these business owners will richly contribute to Utah’s entrepreneurial ecosystem. Goldman Sachs 10,000 Small Businesses  program is a national education program for business owners who have survived the start-up phas...

Goldman Sachs 10,000 Small Businesses Program: Additional Information Session and Application Workshops

The Goldman Sachs 10,000 Small Businesses (GS 10KSB) program at Salt Lake Community College invites eligible business owners to attend an information session about the business management program, which launches January 11, 2013.  Business owners who would like to apply for the GS 10KSB program are also invited to attend an application workshop.  Applications for the program are currently being accepted. GS 10KSB is a training program for business owners whose companies are past the start-up phase and are poised for growth. Accepted participants will receive a full scholarship to the GS 10KSB program, which includes comprehensive business management education curriculum, a suite of business support services such as one-on-one business advising and networking clinics, and opportunities to access capital. The information sessions will provide participants with an overview of the program and the application procedures. Business advisors and program administrators will tailor the ...