Impact for scaleups
1,800+
Scaling high-growth business leader participants
95%
Better helped to prepare for Covid-19 and equipped for future growth
5,840
More jobs created by alumni as a result of the programme
97%
Say they are more effective leaders
71%
Seek external financing after graduating
Key sectors
Businesses selected for the Goldman Sachs 10,000 Small Businesses UK (10KSB UK) receive 100 hours of education – fully-funded by the Goldman Sachs Foundation. More than 1,800 entrepreneurs have graduated from the programme since its launch in 2010.
The programme provides business education, networking and mentoring and is delivered in partnership with Oxford University Saïd Business School and Aston University Centre for Growth. It is designed to accelerate the growth of high-potential businesses through practically-focused business and management education.
High quality applied business learning takes place over three residential sessions and online. Students can also access specialist workshops, one-to-one business advice and business coaching, access to professional experts, networking and peer learning opportunities. Alumni take away a customised Growth Plan to direct their organisation’s business strategy and expansion.
In response to Covid-19, the programme provided a range of support and resources to alumni of the 10KSB UK programme. This has included ongoing business coaching opportunities and launching a publicly available, digital resource hub for small business support.
Based on the model developed through 10KSB UK, 10,000 Women is a worldwide initiative to support female entrepreneurship. Launched in 2020, the programme provides business and management education, mentoring and networking opportunities, and access to capital to women entrepreneurs to help them grow their businesses. A free to all, accessible online version of the course is available to all women around the world.
Studies of the impact of 10KSB UK show that alumni grow revenue 16 times faster and grow jobs 13 times faster than UK businesses generally; 74% increase the training opportunities provided to staff, 62% launch a new product or service in the year after completing the programme and 71% seek external financing.