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Goldman Sachs' $500 Million Bet on Small Businesses
Hosted by Brian Kenny / Harvard Business Review
Goldman Sachs' $500 Million Bet on Small Businesses
Episode Summary
Launched in the midst of the financial crisis, 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. Harvard Business School professor Len Schlesinger discusses the success, impact, and future of the program.
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