MDC accepting applications for 10K Small Businesses Program

Miami Dade College (MDC) is once again accepting applications for Cohort 6 of the 10,000 Small Businesses program scheduled to begin Sept. 18, at the Wolfson Campus in downtown Miami.

Goldman Sachs 10,000 Small Businesses (10KSB) is a classroom-based practical business education program that gives entrepreneurs several benefits including valuable skills for growing their businesses, the opportunity to access financial capital and powerful networking opportunities at no cost to participants.

The curriculum includes one-on-one advice, clinics, and workshops administered by subject matter experts. Goldman Sachs professionals also serve as panelists and judges for the so-called scholar rehearsals, the “Rocket Pitches.” Participants also will learn to identify and evaluate opportunities, understand financial statements, hire, retain and lead employees, negotiate successfully and create a comprehensive growth plan, among other lessons.

The program was launched at MDC’s Freedom Tower on Oct. 1, 2013, when Goldman Sachs and Miami Dade College entered a five-year, $5 million partnership to deliver the 10KSB program in Miami. Applicants should meet the following criteria:
• Owner or co-owner of a business;
• Business in operation for at least two years;
• Business revenues of at least $150,000 in the most recent fiscal year, and
• Minimum of four employees, including the owner.

The first year of program delivery — which began in February 2014 and featured MDC alumni, area business professionals and advisors — graduated 73 small business owners who are now poised for growth.

The deadline to apply for Cohort 6 is June 17.

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