Goldman Saches’ 10,000 Small Businesses, the program designed to grow jobs and help entrepreneurs across America, held its first graduation for 30 entrepreneurs in New Orleans with Warren Buffet and Mitch Landrieu on hand to offer support and advice.
10,000 Small Businesses is a $500 million initiative designed to unlock the growth and job-creation potential of 10,000 small businesses across the United States through greater access to business education, mentors and networks, and financial capital. The concept is based on the broadly held view of leading experts that a combination of education, capital and support services best addresses the barriers to growth for small businesses.
The partnership between New Orleans and Goldman Sachs will create jobs and stimulate economic growth by committing $20 million in capital for small business loans and supporting results-oriented business education for participating small business owners.
This morning, Joe Scarborough on MSNBC interviewed Landrieu, Buffet and Kendall Washington, discussing entrepeneurship, the New Orleans economy, and more. Mr. Washinton, the owner of New Orleans-based Safe Spots Pest Control and one of the 30 program graduates, said that “the key to being a great entrepreneur is hard work.”
You can watch the full video below.