LOS ANGELES, Jun 14, 2010 (BUSINESS WIRE) -- --$20 Million in Small Business Loans to be Provided Through Local Community Development Financial Institutions, including Valley Economic Development Center--Business Education Partners to Include Los Angeles Community College District, Long Beach Community College District
The Goldman Sachs Group, Inc. /quotes/comstock/13*!gs/quotes/nls/gs (GS 135.14, -0.50, -0.37%) today announced the greater Los Angeles 10,000 Small Businesses initiative. Throughout the Los Angeles metropolitan area, the program will offer a unique combination of three resources to help small business grow and create jobs:
-- Business and Management Education: Small business owners will have access to a high quality business education developed in partnership with leading national business schools. Through the program, they can develop a business growth plan through a practical business and management education offered by Los Angeles City College, one of the nine campuses in the Los Angeles Community College District (LACCD), and The Long Beach Community College District. The education will be free to accepted business owners selected through a competitive application process administered by the Initiative for a Competitive Inner City (ICIC) in partnership with City College and The Long Beach Community College District. 10,000 Small Businesses is also partnering with LACCD's Los Angeles Southwest College to support the needs of small businesses with a particular focus on minority and low-income business owners in the South Los Angeles region. Southwest College will build its capacity to enhance its small business curriculum and associated business support services.
To read the full, original article click on this link: Goldman Sachs Launches 10,000 Small Businesses Initiative in the Greater Los Angeles Metropolitan Area - MarketWatch
Author: The Goldman Sachs Group, Inc.
