The Goldman Sachs 10k Small Business intensive is “a multi-week business education program with like-minded small business owners and receive one-on-one business advice while learning valuable skills to help you grow your business.” The program is designed to be flexible, allowing participants to complete it at their own pace, though most finish within 12 weeks.
It includes:
Click here to register for May 14 at 11AM
Click here to register for May 15 or May 29, 2024, at 10AM
30 minute overview session
Apply today. This is a short application; if selected to move forward, an additional form will be provided.
You will be asked to provide financial statements on your company.
Goldman Sachs 10,000 Small Businesses is designed for business owners who have a business poised for growth. Specifically, the admissions process looks for applicants who are passionate about growing their business and creating jobs in their communities and who generally meet these criteria:
Application Window: Applications are currently open and will close on June 1st .
Orientation September 4 – 6; In-person
Meet faculty, peers and a network of business support providers. Use tools to analyze your business history and current state, and begin exploring your Growth Plan. Determine factors that affect your business growth. Identify key metrics and create a dashboard. Define the characteristics of a growth opportunity.
Growth and Opportunities September 9
Identify sources of innovation and learn to distinguish good ideas from viable business opportunities.
Financial Statements Workshop September 16
Connect daily activities to financial statements. Learn how to analyze them and use them to guide management decisions.
Money and Metrics September 23
Explore financial analysis in-depth, including financial statements for different types of businesses. Learn to drive a financial forecast.
You Are The Leader October 7
Understand how your leadership style influences your team and business. Create a vision statement for your company.
It’s the People October 14
Learn best practices for hiring and developing employees to build a positive business culture that supports growth.
Marketing and Selling October 21
Define your target market and develop a customer profile and value proposition. Understand the buyer’s journey and new customer acquisition.
Operations & Processes October 28
Evaluate current processes with an operational audit and process mapping. Empower employees and use technology to improve efficiency and scalability.
Being Bankable November 4
Refine your Growth Plan financial forecast and discuss funding options. Understand simple valuation tools to drive value creation.
Action for Growth November 19-22; In-person
Learn and practice negotiations, advocacy and digital marketing. Create an advisory board, present your Growth Plan and receive feedback.
This is a very selective program; GS10k gets to cherry-pick the companies that it wants in the cohort. But don’t worry if you’re not selected. The Alabama SBDC has advisors throughout the state that teach the same content to entrepreneurs and small business owners every day. We can’t pay for hotel rooms and meals, but we have over 40 years of experience in Alabama, and most of our Business Advisors have owned businesses and understand the challenges that small business owners face. We’re here to support businesses as they apply for these opportunities – and will be around to help them long after the cohort has concluded.