Goldman Sachs 10,000 Small Businesses

What Goldman Sachs 10,000 Small Businesses does

Goldman Sachs 10,000 Small Businesses is a philanthropic initiative of Goldman Sachs (founded 2010), headquartered in New York and operating across the United States, that provides small business owners with a tuition-free, 12-week intensive business education program, facilitated access to capital, and ongoing peer and mentorship support. The program's core product is a multi-week curriculum covering vision and strategy, money and metrics, leadership, management and hiring, marketing and sales, operations and technology, and planning and forecasting, co-designed with Babson College; delivery combines classroom instruction, one-on-one business advice, peer learning exercises, and skill-building applications at 10 hours per week. Capital access is provided through partnerships with nearly 40 Community Development Financial Institutions (CDFIs), through which more than $1.6 billion has been deployed to over 37,100 small businesses at an average loan size of $52,000.

The program is delivered through three interconnected channels: 18 local in-person cohorts hosted at community college partners across 18 states, one National Online Cohort (10 weeks online plus a four-day in-person session in New York with travel and lodging paid by the program), and the CDFI lending partner network. Eligibility targets owners or co-owners of U.S. small businesses with at least two years of operation, $75,000+ in annual revenue, and at least two employees; applicants are reviewed through the Initiative for a Competitive Inner City (ICIC). Because the initiative is 100% funded by the Goldman Sachs Foundation with $0 cost to participants, it operates as a charitable investment in small business ecosystem development rather than a commercial enterprise, and it generates no revenue of its own. Cumulative impact metrics—17,000+ alumni across all 50 states, Washington D.C., and Puerto Rico; $29.3 billion+ in combined alumni business revenue; 347,000+ jobs created by alumni; a 96% program completion rate; and demographic composition of 50% women and 44% people of color—are reported outcomes of alumni businesses rather than financial performance of the program itself.

Name

Goldman Sachs 10,000 Small Businesses

Legal name

Goldman Sachs

Website

https://10ksbapply.com

Company type

Private

Founded year

2010

Operating status

Operating

Short description

Goldman Sachs 10,000 Small Businesses is a 100% philanthropically funded initiative that provides U.S. small business owners with free 12-week business education (Babson-designed curriculum), capital access via ~40 CDFI partners, and mentorship across 19 program locations.

Ownership category

akta.pro rank

Product category

Small Business Education and Development

NAICS

Educational Support Services (6117), Professional and Management Development Training (61143), Educational Services (611)

SIC

Services-Educational Services (8200), Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Small Business & Entrepreneurship Community Education (EDAAAFAK)

akta.pro secondary industries

Small Business & Self-Employment Personal Finance (Income, Expenses, Cash Reserves) (EDAAAJAL), Economics & Business Studies Tutoring (Micro/Macro, Accounting, Finance) (EDANAAAG), Financial Education & Coaching (Digital Programs, Tools) (FSAGADAH)

Keywords

• Small business education
• Entrepreneurship training
• Business mentorship programs
• Small business lending
• Workforce development

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Philanthropic/Funded Program: 100% funded by the Goldman Sachs Foundation with $0 cost to participants. This is a charitable investment in small business ecosystem development rather than a commercial revenue-generating enterprise.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Goldman Sachs 10,000 Small Businesses delivers a free, 12-week intensive business education program—built around a Babson College-designed curriculum covering vision & strategy, money & metrics, leadership, management, marketing & sales, operations & technology, and planning & forecasting—combined with one-on-one business advice, peer learning, mentorship, and access to capital through a network of nearly 40 Community Development Financial Institutions (CDFIs). The program is 100% funded by the Goldman Sachs Foundation and is offered at no cost to qualifying small business owners across 18 local community-college sites plus a National Online Cohort.

Product overview

Goldman Sachs 10,000 Small Businesses is a unified program consisting of four interconnected offerings: the core 12-week Education Program (designed by Babson College) provides intensive business education; Capital Lending Services connects participants with CDFI partners for loans; the National Cohort offers an online-based alternative to in-person attendance; and Local/Regional Programs deliver face-to-face instruction through partnerships with community colleges across 18 locations.

Differentiator

Problem solved

Functional benefit

Products and services

• 10,000 Small Businesses Education Program A 12-week intensive business education program with a curriculum designed in partnership with Babson College, offering multi-week coursework covering vision & strategy, money & metrics, leadership, management & hiring, marketing & sales, operations & technology, and planning & forecasting; plus clinics on financial statements, lending negotiations, and legal considerations. Includes one-on-one business advice, peer networking, mentorship, and development of a customized growth plan for the participant's business. Delivered free of charge to qualifying U.S. small business owners.
• Capital Lending Services

Quantifiable outcome

• 66% of alumni increased revenue within 6 months, 70% within 18 months, 74% within 30 months
• +4 more outcomes

Named customers16 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

19 partnerships are on record, tiered core and minor.

• Babson CollegecoreStrategic or Co-development PartnerThe 10,000 Small Businesses curriculum is designed in partnership with Babson College, the country's top-ranked school for entrepreneurship. Babson provides the educational framework and content for the 12-week intensive program covering business growth strategies.
• Initiative for a Competitive Inner City (ICIC)coreStrategic or Co-development PartnerThe Goldman Sachs Foundation partners with ICIC for outreach and selection process. ICIC reviews applications and inquiries submitted through the program's contact form and manages the application review and interview process.
• Jefferson State Community College (Alabama)minorChannel Partner/ Reseller/ DistributorLocal program partner administering the 10,000 Small Businesses education program in Alabama through in-person classroom sessions.
• University of Arkansas Pulaski Tech (Arkansas)minorChannel Partner/ Reseller/ DistributorLocal program partner administering the 10,000 Small Businesses education program in Arkansas through in-person classroom sessions.
• Miami Dade College (Florida)minorChannel Partner/ Reseller/ DistributorLocal program partner administering the 10,000 Small Businesses education program in Miami, Florida through in-person classroom sessions.
• Des Moines Area Community College (Iowa)minorChannel Partner/ Reseller/ DistributorLocal program partner administering the 10,000 Small Businesses education program in Iowa through in-person classroom sessions.
• Delgado Community College (Louisiana)minorChannel Partner/ Reseller/ DistributorLocal program partner administering the 10,000 Small Businesses education program in New Orleans, Louisiana through in-person classroom sessions.
• Morgan State College (Maryland)minorChannel Partner/ Reseller/ DistributorLocal program partner administering the 10,000 Small Businesses education program in Baltimore, Maryland through in-person classroom sessions.
• Wayne State University (Michigan)minorChannel Partner/ Reseller/ DistributorLocal program partner administering the 10,000 Small Businesses education program in Detroit, Michigan through in-person classroom sessions.
• Manchester Community College (New Hampshire)minorChannel Partner/ Reseller/ DistributorLocal program partner administering the 10,000 Small Businesses education program in Manchester, New Hampshire through in-person classroom sessions.
• LaGuardia Community College (New York)minorChannel Partner/ Reseller/ DistributorLocal program partner administering the 10,000 Small Businesses education program in New York City through in-person classroom sessions.
• Bismarck State College (North Dakota)minorChannel Partner/ Reseller/ DistributorLocal program partner administering the 10,000 Small Businesses education program in North Dakota through in-person classroom sessions.
• Cincinnati State Technical and Community College (Ohio)minorChannel Partner/ Reseller/ DistributorLocal program partner administering the 10,000 Small Businesses education program in Cincinnati, Ohio through in-person classroom sessions.
• Columbus State Community College (Ohio)minorChannel Partner/ Reseller/ DistributorLocal program partner administering the 10,000 Small Businesses education program in Columbus, Ohio through in-person classroom sessions.
• Community College of Rhode Island (Rhode Island)minorChannel Partner/ Reseller/ DistributorLocal program partner administering the 10,000 Small Businesses education program in Newport, Rhode Island through in-person classroom sessions.
• Dallas College (Texas)minorChannel Partner/ Reseller/ DistributorLocal program partner administering the 10,000 Small Businesses education program in Dallas County, Texas through in-person classroom sessions.
• Houston City College (Texas)minorChannel Partner/ Reseller/ DistributorLocal program partner administering the 10,000 Small Businesses education program in Houston, Texas through in-person classroom sessions.
• Salt Lake Community College (Utah)minorChannel Partner/ Reseller/ DistributorLocal program partner administering the 10,000 Small Businesses education program in Salt Lake City, Utah through in-person classroom sessions.
• BridgeValley Community and Technical College (West Virginia)minorChannel Partner/ Reseller/ DistributorLocal program partner administering the 10,000 Small Businesses education program in West Virginia through in-person classroom sessions.

Scale indicators15 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• SCORE: SCORE is a U.S. nonprofit network providing free small-business mentoring, education, and workshops via volunteers. It is the closest direct peer to Goldman Sachs 10KSB in terms of free, cohort-based SMB education and mentorship targeting U.S. entrepreneurs.
• Accion Opportunity Fund: Accion Opportunity Fund is a CDFI that combines small-business lending with advisory and educational services for underserved entrepreneurs. Direct comparable in combining capital access with business education for SMB owners, particularly minority and women entrepreneurs.
• Small Business Development Centers (SBDC): SBDCs are SBA-funded local hubs offering free business consulting and training to small businesses and entrepreneurs across the U.S. They are a direct comparable in mission, delivery model, and target customer — U.S. SMB owners seeking education and growth support.
• Grameen America: Grameen America provides microloans and financial education to women entrepreneurs running very small businesses. Comparable in combining financial education with capital access, though focused on a narrower (microfinance) segment than 10KSB.
• Women's Business Centers (WBC) - SBA: SBA-funded Women's Business Centers provide training, mentoring, and capital access specifically to women entrepreneurs. Comparable in target demographic (50% of 10KSB grads are women), delivery model (local centers + online), and combination of education with capital access.

Emerging players

• Pacific Community Ventures: Pacific Community Ventures provides business advising and growth capital to small businesses with a focus on impact measurement. Comparable in combining business advising/education with capital and a focus on outcomes (revenue growth, job creation) for underserved SMBs.
• Tory Burch Foundation: The Tory Burch Foundation provides entrepreneurship education, mentorship, and capital access specifically to women-owned small businesses. Comparable in foundation-backed model, focus on underserved SMB demographics, and combination of education with capital pathways.
• Babson College (Build program and entrepreneurship division): Babson College designs 10KSB's curriculum and is itself a leading entrepreneurship educator. Babson's Build program and broader entrepreneurship offerings are directly comparable in audience (growth-oriented founders) and content (practical business growth).

Broad incumbents

• AEO (Association for Enterprise Opportunity): AEO is a national nonprofit trade association supporting the U.S. microbusiness and small-business development ecosystem. Comparable as a peer/ecosystem-builder for the SMB education and capital-access space that 10KSB operates in.
• Ewing Marion Kauffman Foundation: The Kauffman Foundation is a major U.S. philanthropy focused on entrepreneurship education, research, and ecosystem support. Comparable to 10KSB in its foundation-funded model, educational programming for entrepreneurs, and emphasis on job creation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/GS10KSmallBiz
• YouTubeyoutube.com/user/GoldmanSachs
• LinkedInlinkedin.com/company/goldman-sachs

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Goldman Sachs 10,000 Small Businesses