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VCC and Goldman Sachs 10,000 Small Businesses Invite Participation in National Education Opportunity


Qualifying Small Businesses can apply for education program until Oct. 18

Virginia Community Capital (VCC) is encouraging small business owners across Virginia to participate in the Goldman Sachs 10,000 Small Businesses education program, a national initiative offering qualified small business owners intensive training and advice from business experts and peersin January 2014. Applications will be received through October 18 at www.10KSBapply.com.

10,000 Small Businesses is designed for small business owners with limited resources who have a business poised for growth. Specific guidelines for applicants include:

  • Business in operation for at least two years
  • Business revenue of at least $150,000 in the most recent fiscal year
  • Minimum of four employees, including the owner

“VCC’s collaboration with Goldman Sachs 10,000 Small Businesses expands with this program as we will recommend prospects for consideration and will potentially work directly with graduating businesses,” explains Wayne Waldrop, Small Business Lending Manager. “VCC is dedicated to delivering a wide range of growth opportunities to Virginia’s small businesses.”

About VCC

VCC is dedicated to the prospect of building wealth for all through our lending, savings, and advisory services. As a community development financial institution (CDFI), our mission is to offer innovative, flexible financial products designed to support housing and community development ventures, increase jobs, and encourage sustainable communities. In partnership with our for-profit bank, Community Capital Bank of Virginia (CCB), the non-profit VCC offers loan capital broader and more flexible than bank lending in low- to moderate-income communities in underserved geographies and markets. Learn more at www.vacommunitycapital.org

About Goldman Sachs 10,000 Small Businesses

Goldman Sachs 10,000 Small Businesses is a $500 million investment to help small businesses in the United States create jobs and economic growth by providing entrepreneurs with a practical business education, access to capital and business support services. The program is based on the broadly held view of leading experts that greater access to this combination of education, capital, and support services best addresses barriers to growth. The educational component of the program is currently operating in nine sites including Chicago, Cleveland, Houston, Long Beach, Los Angeles, New Orleans, New York, Philadelphia, and Salt Lake City.  Capital is also provided by local nonprofit lenders to businesses in six additional sites: Kentucky, Montana, Oregon, Tennessee, Virginia, and Washington.   For more information, visit www.gs.com/10000smallbusinesses