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City Colleges of Chicago and Goldman Sachs 10,000 Small Businesses (10KSB) Welcome the 25th Cohort of Scholars

9/13/2019 12:00 AM

Chicago, IL – On Friday, September 13th, 36 new participants begin the Goldman Sachs 10,000 Small Businesses (10KSB) program as the 25th Chicago cohort at Harold Washington College, the City Colleges’ Center of Excellence in Business, Professional Services, and Entrepreneurship. 
 
  
The program is an opportunity for small local businesses to gain practical skills like negotiation, marketing and employee management, and get support as they develop a strategic plan to grow their business. It also includes one-on-one business advising, accounting workshops and advice from Goldman Sachs professionals.  

  
“As the City Colleges’ Center of Excellence in Business, Professional Services, and Entrepreneurship, we are proud to welcome this landmark cohort to campus and to host a program that is so important to small businesses in our communities,” said Peggy Korellis, interim president at Harold Washington College.  

  
A nationwide program funded by Goldman Sachs, 10KSB helps entrepreneurs create jobs and economic opportunity by providing them with greater access to education, financial capital, and business support services, all at no cost to the participant. The program boasts a 98% completion rate, and graduate success includes: 
  • 47% of alumni reported creating new jobs within 6 months 
  • 67% of alumni reported an increase in revenues within 6 months 
  • 86% of alumni are doing business with each other 
​10KSB is now accepting applications for its 26th cohort, which is scheduled to begin in January 2020. Applications are due on October 4th. More information can be found at www.10ksbchicago.com/.  

  
As City Colleges’ Center of Excellence in Business, Professional Services, and Entrepreneurship, Harold Washington College offers general education classes as well as industry-specific courses. Working with corporate partners such as Aon, Fifth Third Bank, and McDonalds and non-profit partners like Year Up who help students get hands-on work experience, HWC offers classes such as insurance, digital marketing, and banking. Learn more at www.ccc.edu or call 773-COLLEGE.  

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