Goldman Sachs Partners With LBCC

With the economy the way it is big business is starting to take notice in small business.

"Small Business is the backbone of the American economy" said LBCC President Eloy Oakley when talking about the new partnership between Goldman Sachs and LBCC to help 10,000 small businesses in the greater Long Beach area with the new scholarship program.

Goldman Sachs is a financial institution cornerstone despite various economic struggles it and the economy have faced recently. The company has it's eyes on the next possible goliath in the private business sector or at the very least a solid business investment. 

As a part of the new partnership, selected business owners will receive a scholarship to be a part of business education classes created in partnership with leading business schools from all over the country.

Some of the classes provided in the program are business and marketing, business support, and Opportunities to access capital in which Goldman Sachs has committed 20 million dollars in lending support.

Helena Whittenberg a business management major said of the program, "That's good because they're investing in their future, people are more likely to want to work for them and now they are showing that despite negative press, they are still willing to invest in small business."

Christopher Sears, an English major, said, "It's great to see someone working to boost the economy and make more jobs. I need a job right now. It's tough."

Business administration major Emily Yu, said, "I wish I had a business by now. Goldman Sachs would've helped me big time."

 Twelve free information classes are slated for, spring semester 2012 to provide more details about the program. LBCC classes start Jan 4 - 12 at LAC in building o-2 Room 234 from 9:30 - 11 and continue after that in the LBCC small Business Development center Jan 7 - 11 at 309 Pine Avenue in downtown Long Beach.

The program begins March 2012 and all business owners are encouraged to apply at lbcc.edu/10000smallbussinesses and download the application. More information is also available by calling (866) 680-9880 or by emailing 10000sb@lbcc.edu