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 FOR IMMEDIATE RELEASE: October 19, 2012 

Second Class of Goldman Sachs
10,000 Small Businesses to Begin
Applications are now being accepted 

CLEVELAND – Mayor Frank G. Jackson, Cuyahoga Community College and other local partners of the Goldman Sachs 10,000 Small Businesses program are pleased to announce that applications are currently being accepted for the second class of the program. The deadline for applying is November 5, 2012. “The Goldman Sachs 10,000 Small Businesses program is one way that my administration is helping to support small businesses,” said Mayor Jackson. “With newly acquired information and skills, small businesses will be able to grow, provide new jobs and boost the local economy.” In general, eligible businesses should have revenue between $150,000 and $4 million in the most recent fiscal year; have been in operation for at least two years; have at least four full-time employees; and have a desire to grow and create jobs. All Northeast Ohio small business owners interested in growing their business through this free program are encouraged to apply. Participating small business owners will receive (click here for more information) a tailored, practical, actionable business education and leave the program with both a growth plan for their business and access to a network of business support services. Small business owners can find more information and the application at http://www.tri-c.edu/10ksb or by calling 216-987-3220. The first group of participants, which started on May 7, 2012 and ends on December 15, 2012, includes 36 businesses in a range of industries from manufacturing to services to the hospitality industry. Goldman Sachs 10,000 Small Businesses is a $500 million investment by Goldman Sachs and The Goldman Sachs Foundation to help small businesses in the United States to create jobs and economic growth. In addition to the City of Cleveland and Cuyahoga Community College, other community partners in the Cleveland program include the Council of Smaller Enterprises (COSE), JumpStart, Inc., the Northeast Ohio Hispanic Chamber of Commerce and the Urban League of Greater Cleveland. Cleveland is one of just eight cities across the country to have this remarkable program. The others are Chicago, Houston, Long Beach, Los Angeles, New Orleans, New York and Salt Lake City. Among the first five participants to complete the program nationally, approximately 70% of graduates increased their revenues within 6 months of graduation and approximately 50% have created net new jobs. Overall, the program has a 99% graduation rate. - 30 - From: Office of the Mayor Andrea V. Taylor, Press Secretary Office of the Mayor (216) 664-4171 or (216) 857-7998 Belinda I. Saldaña, Deputy Press Secretary Office of the Mayor (216) 664-2223 or (216) 857-3808

Promueve la diversidad dentro de nuestra propia comunidad hispana en cualquier lugar de EE.UU. / Promote diversity even among our own Hispanic Community anywhere in the USA.
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