DETROIT — Alison Vaughn, Founder & CEO of Jackets for Jobs, a Detroit based non-profit that provides career skills training, emplyoment etiquette, and professional clothes to people that may need assisstance entering the workforce, has been selected into the highly competitive Goldman Sachs 10,000 Small Businesses Program.
The program is a $500 million investment to help entrepreneurs create jobs and economic opportunity by providing them with greater access to education, financial capital, and business support services. The program currently operates in 17 markets in the U.S.
The curriculum is designed by Babson College, an entrepreneurship school, and focuses on practical business skills that can immediately be applied by business owners, including negotiation, marketing, and employee management.
Small business owners learn how to become more bankable and position their businesses to access financing and capital. Through partnerships with local, regional, and national Community Development Financial Institutions and other mission-driven small business lenders “Capital Partners,” loans are available to qualifying small businesses that lack access to affordable capital or may not qualify for traditional sources of credit.
Participants will receive one-on-one business advising and the opportunity to learn from other like-minded business owners. The program provides this expert advice and technical assistance through partnerships with national and local business organizations, professional services firms and the people of Goldman Sachs.