Empowering North Carolina Entrepreneurs: A Free Business Program

Empowering North Carolina Entrepreneurs with Business Education

For the past 15 years, the Goldman Sachs 10,000 Small Businesses program has successfully enabled entrepreneurs across the nation to enhance their businesses through a no-cost, practical business training initiative. This program, renowned for its effectiveness, is set to collaborate with The North Carolina Community College System to provide invaluable educational resources to small business owners in the state. The program's first cohort will convene at Cape Fear Community College, offering a robust opportunity for local entrepreneurs.

Practical Skills Tailored for Business Growth

Participants in this comprehensive program will acquire essential skills in crucial areas such as negotiation, marketing, and employee management, skills that are directly applicable to their business operations. Beyond just learning, participants will gain access to professional guidance and support that are crucial for developing a strategic and personalized growth plan, empowering them to elevate their businesses to new heights.

A Partnership Focused on Community Development

Anne Wellde, National Director of 10,000 Small Businesses at Goldman Sachs, expressed enthusiasm for this partnership: "Goldman Sachs is incredibly proud to partner with The North Carolina Community College System to bring 10,000 Small Businesses directly to entrepreneurs across North Carolina, where small businesses drive innovation, create jobs and fuel the local economy.” This initiative aims not only to educate but also to foster a thriving environment for local entrepreneurs.

Jim Morton, President of Cape Fear Community College, emphasized the vital role of small businesses in the community: "Small businesses are vital to our region, and this partnership reflects our commitment to providing entrepreneurs with the tools, training, and connections they need to grow and thrive. We are proud to help launch this initiative in North Carolina and support the leaders who strengthen our communities and economy.”

The Impact of 10,000 Small Businesses Program Nationwide

Across the United States, the 10,000 Small Businesses program has a significant impact, enabling participants to enhance their business revenues and generate jobs within their communities. Recent statistics highlight the program's effectiveness: 66% of participants noted an increase in revenues just six months after completing the program. Additionally, 44% of graduates reported successfully creating new jobs in that same time frame.

Moreover, a remarkable 85% of 10,000 Small Businesses alumni maintain business relationships with each other, reinforcing the importance of collaboration and networking among small business owners.

Access to Quality Education Without Financial Burden

Selected candidates in North Carolina will have the chance to access top-tier business education and connect with a supportive network of professionals—all at no cost to them. Classes will be conducted both in-person and online, ensuring flexibility and accessibility while being fully funded by the Goldman Sachs Foundation.

About the 10,000 Small Businesses Program

The Goldman Sachs 10,000 Small Businesses initiative is an investment designed to assist entrepreneurs in creating jobs and fostering economic opportunity. By providing a comprehensive business education program alongside access to capital and business support services, this initiative has reached over 16,000 small businesses across the United States. Its impact spans all 50 states, as well as Puerto Rico and Washington, D.C.

About Goldman Sachs

The Goldman Sachs Group, Inc. stands as a prominent global financial institution, serving a diverse client base that includes corporations, financial institutions, governments, and individuals. Established in 1869 and headquartered in New York, Goldman Sachs continues to operate in major financial hubs around the globe, delivering a broad spectrum of financial services.

Frequently Asked Questions

What is the Goldman Sachs 10,000 Small Businesses program?

The program offers free business education, access to capital, and personalized support services for entrepreneurs.

Where will the inaugural North Carolina cohort meet?

The first cohort will be hosted at Cape Fear Community College.

What skills can participants expect to learn?

Skills include negotiation, marketing, employee management, and strategic planning tailored for business growth.

Is there a cost to participate in the program?

No, all costs are covered by the Goldman Sachs Foundation, making it a free resource for entrepreneurs.

How has the program impacted businesses nationwide?

Recent data shows that many participants experience increased revenues and job creation within six months of graduating from the program.

About The Author

My name is Dylan Bailey, and I am 28 years old. I am an author and an expert on the stock market who specializes in publicly traded companies. Early fascination with the stock market inspired me to seek a finance degree and then delve deeply into the world of stocks. I have developed over the years my abilities to spot investment prospects, assess business performance, and analyze market trends.

My books and articles try to help regular investors understand the nuances of the stock market. Anyone can, in my opinion, make wise investment choices and succeed financially if they have the correct information and resources. In my writing, I combine in-depth research with practical insights and advice that can be put into action. This is done with the intention of assisting readers in navigating the constantly shifting landscape of publicly traded companies.

In addition to writing, I also host webinars and workshops, where I give presentations and share my knowledge with a wider audience. I also write for top financial journals and show up as a guest analyst on financial news shows. I like to travel, spend time with my family, and keep active by playing different sports when I'm not buried in market research.

My goal is to enable people to choose wisely and consciously in their investments, so taking charge of their financial futures. By my work, I hope to create a community of informed and self-assured investors prepared to take advantage of the chances presented by the stock market.

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