Tri-C Celebrates Ninth Graduating Class From Goldman Sachs 10,000 Small Businesses Program
Total number of graduates surpasses 300 since program’s debut in 2012
Thirty-seven Northeast Ohio entrepreneurs took a step toward greater business success by completing the Goldman Sachs 10,000 Small Businesses program at Cuyahoga Community College (Tri-C®).
Previous small-business owners who graduated from the program have outperformed the broader economy while exceeding national and local averages in revenue growth and job creation. The 10,000 Small Businesses (10KSB) alumni list at Tri-C now exceeds 300.
The newest graduates will be honored at 3 p.m. Friday, Aug. 21, at the Advanced Technology Training Center, 3409 Woodland Ave. in Cleveland.
Goldman Sachs 10,000 Small Businesses is a $500 million initiative to unlock the growth and job creation potential of small businesses across the United States by providing them with greater access to business education, financial capital and business support services.
10,000 Small Businesses launched in Cleveland in May 2012. Three years of results show the program’s ability to serve as an economic engine.
Nearly two of three participants in the 10,000 Small Businesses program at Tri-C reported increased revenue at their companies in the first six months after graduation, and more than 40 percent hired more employees.
By comparison, less than half of small-business owners nationally saw revenue growth while only 22 percent added jobs, according to a survey by the National Small Businesses Association.
“Economic and employment growth in the region hinges on equipping business owners with the tools for success,” said Tri-C President Alex Johnson. “The 10,000 Small Businesses program is part of Cuyahoga Community College’s commitment to building a stronger Northeast Ohio.”
Graduating business owners represent a variety of industries and businesses in Northeast Ohio. Each spent 12 weeks at Tri-C studying a business and management curriculum designed by Babson College, a top-ranked school for entrepreneurial education.
A graduate nominated by her peers — Leslie Carruthers, president of The Search Guru in Cleveland — will share her story during the graduation ceremony. The keynote address will be given by alumna Martina Moore, president of Moore Counseling & Mediation Services.
This is the ninth class to complete the grant-funded program at Tri-C.
For information about the program, go to www.tri-c.edu/10ksb or call 216-987-3220. Applications are being accepted for the next session beginning in January and are due by Oct. 22.
Future applicants should attend A Glimpse Inside 10,000 Small Businesses from 11:30 a.m. to 1 p.m. Thursday, Sept. 24, at Tri-C’s Advanced Technology Training Center at Metropolitan Campus in Cleveland.
August 19, 2015
John Horton, 216-987-4281 firstname.lastname@example.org