The Black in Business initiative by Goldman Sachs is a transformative business education program designed to empower sole proprietors with the tools, knowledge, and network needed to scale their businesses sustainably. As part of the broader One Million Black Women initiative, the program focuses on fostering entrepreneurship, economic growth, and long-term financial success within underserved communities.
Program Overview
The program is a 12-week, fully funded experience that combines online learning with in-person engagement, offering participants both flexibility and immersive business training.
Key Features:
12-week online business education program tailored to real business needs
In-person sessions at Goldman Sachs headquarters in New York City (all expenses covered)
Access to a powerful peer and alumni network
Dedicated strategic advisors and mentors
Practical tools to support business growth and sustainability
Participants gain hands-on experience and guidance to help move their businesses from potential to measurable growth.
Eligibility Criteria
The program is open to sole proprietors who are committed to growing their businesses and contributing to economic development in their communities.
Applicants must meet the following requirements:
Operate as a sole proprietor (no full-time employees)
Have generated at least $25,000 in revenue over the past 12 months
Run an active, revenue-generating business
Have been in operation for at least one year
Program Commitment
Participants are expected to actively engage throughout the program while balancing their business responsibilities.
Commitment includes:
9–12 hours per week of online learning (flexible schedule)
Development and presentation of a business action plan
Participation in in-person orientation and graduation sessions
Engagement with mentors, advisors, and fellow entrepreneurs
Curriculum Highlights
The curriculum, developed in partnership with NYU Stern School of Business, focuses on practical, growth-oriented business skills.
Core Modules:
Positioning for Growth
Customer Attraction Strategies
Effective Marketing Techniques
Operational Optimization
Financial Statement Management
Financial Planning & Projections
Pricing and Profitability
Access to Capital
Program Timeline
Cohort अवधि: September – December 2026
Application Status: Open now
Format: Online learning + in-person sessions in New York City
(Note: Dates may be subject to change.)
Impact and Outcomes
The program has demonstrated strong success in supporting entrepreneurs:
65% of alumni reported increased revenue
90% gained tools to innovate
94% expressed optimism about future business growth
Participants consistently highlight improvements in confidence, strategic thinking, and long-term planning.
Why Apply?
The program offers a unique opportunity for entrepreneurs to:
Strengthen business fundamentals
Build a scalable growth strategy
Gain exposure to industry experts and mentors
Join a supportive entrepreneurial network
Access tools that support long-term wealth creation
How to Apply
Interested applicants can apply directly through the program portal. Early application is encouraged due to competitive selection.
Summary
The Black in Business program is an impactful, fully funded opportunity for sole proprietors seeking to scale their businesses and create lasting economic impact. By combining world-class education, mentorship, and networking, it equips entrepreneurs with the resources needed to thrive in competitive markets.
For more opportunities such as these please follow us on Facebook, Instagram, WhatsApp, Twitter, LinkedIn and WPChannel
Disclaimer: Global South Opportunities (GSO) is not the organization offering the development program. For any inquiries, please contact the official organization directly. Please do not send your applications & CVs to GSO, as we are unable to process them. Due to the high volume of emails, we receive daily, we may not be able to respond to all inquiries. Thank you for your understanding.
Related