DMACC, along with Iowa’s 14 other community colleges, recently announced the completion of the second Iowa class of Goldman Sachs 10,000 Small Businesses.
Among them was Slater businesswoman, Deanna Faubus, of B Fabulous BBQ.
The 36 scholars from across the state represent a diverse range of business and industry, including a co-working community, managed IT services, animal care and services, millwork and cosmetics.
“We’re incredibly gratified, but not at all surprised, by the early success of 10,000 Small Businesses in Iowa,” said Katherine Jollon Colsher, national director of Goldman Sachs 10,000 Small Businesses. “We brought the program to the state, given its vibrant population of small businesses and strong commitment by local leadership, the community and its academic institutions. We are excited to see what these graduates will achieve, for themselves, their families, their employees, and their communities.”
The scholars participated in this 100-hour curriculum, delivered through a blend of online and in-person learning, hosted at the DMACC Ankeny Campus. Class content includes a range of topics including identifying growth opportunities, refining operations processes, using financial statements, and marketing and selling. Each business owner uses their own company as a case study to ensure the unique needs of their company are addressed
“DMACC and all of the Iowa Community Colleges are proud to partner with Goldman Sachs to positively impact and encourage growth for small businesses throughout the State of Iowa,” says DMACC President Dr. Rob Denson.
Goldman Sachs 10,000 Small Businesses has over 8,200 graduates from all fifty states, including Iowa, and is offered at no cost to those accepted. Sixty-seven percent of alumni report increased revenues six months after graduating, 47 percent report hiring employees during the same time period, and nearly 88 percent of graduates do business with one another.
For more information on the Iowa-based program, or to apply for future classes, please visit www.10KSBapply.com/Iowa.