Goldman Sachs hosts the largest small business summit in the history of the United States

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Wall Street Financial Titan Goldman Sachs It will host the largest gathering of small business owners in Washington, DC, next month as part of their continuous effort to help small companies put themselves to growth.

The Goldman SACHS summit will include 10,000 small companies, which starts on October 29 to October 30, will include educational programming and communication opportunities, providing thousands of entrepreneurs to communicate with business leaders and call for small business priorities in Capitol Hill. This event also contains a list of influential speakers including CEO of Goldman, David Solomon, who has long defended small companies, recognized as decisive aspects of the wider economy.

Kelly Lovler, head of the Small Business Administration (SBA), Olympic Michael Philip, mayor of New York City and businessman Michael Bloomberg, CEO of AG1, a financial organizer of Home Depot Ken Langone, CEO of HESS JOHN HESS, Briogeo, CEO of BRIOGEO, and Nancy. Twine, Professor Warton Ethan Maclik will be among the major speakers alongside Suleiman.

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The summit is designed to help business owners access to capital, enhance the competitiveness on the workforce and equip them with the tools necessary to successfully adopt art intelligence. Education sessions will enhance this task Focus on practical strategies To implement artificial intelligence, capital insurance, abroad planning and retaining employees.

Goldman Sachs 10,000 Small Companies Summit in 2024.

Goldman Sachs 10,000 Small Companies Summit in 2024. (Goldman Sachs)

Participants at the summit will also hold meetings on Capitol Hill, calling for a “seat on the table” in forming policies that affect their future and calls for an agenda that enables them to compete and grow, according to Coldman Sachs.

Suleiman highlighted how this event provides business owners a unique opportunity to contact and “get a seat on the table.”

“With more than 2,300 small business owners who are already committed to joining us in Washington, DC, this gathering for small companies will be a celebration of the impact of the 15 -year program.” Suleiman said.

This represents the third Goldman Sachs summit 10,000 small companies, but it will be the largest gathering for small business owners so far. Wall Street has long supported small companies, as Goldman Sachs launched 10,000 small companies for 15 years.

Goldman’s charitable program provides business owners for 12 weeks of intense learning, networks, guidance and capital.

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Since its launch in 2010, Goldman Sachs has invested 750 million dollars to support measurable Small business growth Through America. More than 17,000 companies graduated from the program, hiring more than 245,000 people and leading more than $ 17 billion in annual revenue, according to Goldman Sachs.

Within six months of leaving the program, 66 % of graduates grow their revenues, 44 % add new employees and 85 % of the graduates cooperate with each other.

The program includes more than 17,000 graduates from all 50 states, Puerto Rico and Washington, DC, to help provide support to each other and future generations of business owners.

Goldman Sachs 10,000 Small Companies Summit in 2024.

Inside a hall during the Goldman Sachs summit 10,000 small companies in 2024. (Goldman Sachs)

In 2023, Goldman Sachs announced an investment of $ 100 million to expand its programs in rural states over a five -year period to give small rural companies the ability to participate in Goldman. Business Education Program And reach the capital.

According to the Goldman Sachs survey, 86 % of small companies in rural communities have plans to develop their business, but only 7 % believe they receive sufficient resources for the private sector to support growth.

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So far, the program has reached 12 rural states, including Alabama, Arkansas, Indiana, Missouri, Montana, North Dakota, South Dakota and West Virginia.

Suleiman has long defense of a small business, confirming at the summit of 2022 how they continued to face great challenges of inflation, even after the epidemic had already affected heavy.

David Suleiman - Goldman Sachs

David Solomon, CEO of Goldman Sachs, is sitting at a committee at the Global Financial Produers on November 7, 2023, in Hong Kong. (Vernon Yueen / Nurphoto via Getty Images / Getty Images)

It is an important issue given that small companies represent a large share of employment growth.

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According to the 2025 small business profile office in the invitation, there are 36.2 million small companies in the United States, which represents about 46 % of the private sector employment. From March 2023 to March 2024, American small companies have established about 9 out of 10 new net jobs. They have opened 1.1 million new institutions and established a net increase of 1.2 million new jobs, according to data.

These numbers, according to the Vice President of Advisors at the Da`wah Office, confirm Chip Bishop, how “small companies are still accelerating the American economy.”



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