Goldman Sachs’ $500 Million Bet on Small Businesses
Launched in the midst of the financial crisis, the Goldman Sachs 10,000 Small Businesses program provided business education and access to capital for small businesses across the United States. The company committed $500 million to fund the program and nine years later had graduated 7,300 participants, just shy of its goal. Professor Len Schlesinger discusses the success, impact, and future of the program. The Harvard Business Review rxamines where the program is and where it is gong.