As part of Goldman Sachs’ 10,000 Small Business Initiative, entrepreneurs in Los Angeles will get exposure to new educational and operational services to boost their business. Additionally, there is an opportunity for small business owners to gain access to funding.
Selected entrepreneurs will receive 80 hours of classes focusing on business education, financial advice and support services at Long Beach Community College, paid for by Goldman Sachs. However, demand is high for the 35 spots, according to Alex Davis, a dean and executive director of the program at Los Angeles City College.
“The Long Beach Community College District is thrilled and honored to have been selected as a partner with the Goldman Sachs 10,000 Small Businesses Initiative,” said LBCC president Eloy Ortiz Oakley. “Our college is committed to economic development and we are ready through this new partnership to further assist our local small businesses.”
New Orleans and New York City were two other locations selected for the initiative. Goldman Sachs will spend approximately $20 million to fund the program in all three cities.
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