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MDC accepting applications for 3rd class of 10,000 Small Businesses

June 07, 2014·Nancy Dahlberg

Miami Dade College is now accepting applications for Cohort 3 of the 10,000 Small Businesses program scheduled to begin Sept. 23, at the Wolfson Campus.

Goldman Sachs 10,000 Small Businesses (10KSB) is a classroom-based practical business education program that gives entrepreneurs valuable skills for growing their businesses, the opportunity to access financial capital and powerful networking opportunities, among other benefits, at no cost to participants. The curriculum includes one-on-one advice, clinics, and workshops administered primarily by MDC professors. Goldman Sachs professionals also serve as panelists and judges for the so-called scholar rehearsals, the “Rocket Pitches.” Participants will also learn to identify and evaluate opportunities, understand financial statements, hire, retain and lead employees, negotiate successfully and create a comprehensive growth plan, among other lessons.

The program was launched at MDC’s Freedom Tower on October 1, 2013, when Goldman Sachs and Miami Dade College entered a five-year, $5 million partnership to deliver the 10KSB program in Miami.  Applicants should meet the following criteria:

·         Owner or co-owner of a business

·         Business in operation for at least two years

·         Business revenues of at least $150,000 in the most recent fiscal year

·         Minimum of four employees, including the owner

The first cohort - which began in February this year and featured MDC alumni, area business professionals and advisors - recently graduated 33 participants. The hope is they will now put to practice what they have learned, in an effort to grow the South Florida economy. Cohort 2 begins on June 6 at the Wolfson Campus.

To participate in Cohort 3 of MDC’s 10KSB program, visit http://www.mdc.edu/10ksb or call 305-237-0305. There is a rolling deadline for applications to the program on the 28th of each month.