Goldman Sachs is helping women such as Ayo grow their small businesses. Through the 10,000 Women Program, they are providing business skills to women entrepreneurs worldwide. Since participating in the program, Ayo has relocated her catering business from her home and has opened a restaurant. Now her small business is driving economic progress in her country.
The Goldman Sachs 10,000 Women initiative is a five-year investment to provide underserved female entrepreneurs around the world with a business and management education.The initiative operates through a network of more than 80 academic and nonprofit institutions. These partnerships help develop locally relevant coursework and improve the quality and capacity of business education worldwide.
The women selected for the program enroll in customized certificate programs ranging from five weeks to six months. Topics covered include marketing, accounting, writing business plans and accessing capital.Students are offered mentoring and post-graduate support by partner institutions, local businesses and the people of Goldman Sachs.
Investing in the Power of Women
Investing in women is one of the most effective ways to reduce inequality and facilitate inclusive economic growth. Research conducted by Goldman Sachs over several years has shown that investing in education for women has a significant multiplier effect, leading to more productive workers, healthier and better-educated families, and ultimately to more prosperous communities.