Report: Addressing Talent Needs in Small Business

In Fall 2021, Goldman Sachs began piloting 10,000 Small Businesses Fellows as an innovative internship experience. It supported small businesses in reaching their business goals and investing in the professional growth of local talent. The early findings were overwhelmingly positive and affirmed the case for continued ways to connect small businesses to resources and new talent pipelines.

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Our Pilot Locations

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Map Location of Baltimore
Map Location of Cleveland
Map Location of Dallas
Map Location of New York

Cleveland, OH

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New York, NY

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Dallas, TX

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Baltimore, MD

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  1. Businesses spanning across industries
  2. 6 leading academic partners
  3. 4 pilot locations

Why Fellows?

Small businesses have long expressed the need for workers with the fundamental skills to fuel growth, but often find difficulties building the workforce pipelines to recruit those workers.

At the same time, many college students express a lack of accessibility to real-world experience to navigate professional careers, even as they finish their academic experiences.

Goldman Sachs 10,000 Small Businesses Fellows was about bringing together these students and small businesses to solve educational and workforce needs.

As an extension of the existing 10,000 Small Businesses program — which provides educational and capital support to small business owners — this pilot’s focus on workforce needs ensured durable growth into the future.

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Goldman Sachs 10,000 Small Busineses