A new initiative brining thousands of pounds in resources to fast-growing SMEs in Swindon will be launched at the end of October.
Entrepreneurs will get to hear about Goldman Sachs’ 10,000 Small Businesses initiative when it is launched in the town by the Inspire Business Network on Tuesday, October 31.
Entrepreneurs on the #10KSB programme receive 100 hours of high-quality tuition from leading UK universities over a period of four months.
They also receive seven days of residential tutoring.
As a result of the programme, 93 percent of alumni say they are more confident in managing growth, 92 percent have introduced new processes, 84 percent use financial data more to make decisions, and 84 percent have sourced new suppliers.
To qualify for a place on the programme, businesses must have operated for at least three years, employ between five and 50 people, and have a turnover of at least £250,000.
The scheme, which is funded by Goldman Sachs and the Goldman Sachs Foundation, has helped more than 1,000 businesses since it was launched in 2010.
The scheme will be delivered by Trowbridge-based business support service Inspire.
Attendees will hear from key speakers from Inspire’s Elite and Elevate networks – which bring together leaders of high growth businesses in a unique way to learn from each other and from a wide range of experts – Goldman Sachs, and alumni of the #10KSB programme.
Representatives from Barclays Bank, the Department for International Trade and Switch On To Swindon, and Swindon and Wiltshire Local Enterprise Partnership will also be giving presentations.
The event runs from 8.30am until 2.30pm at NSBRC, Lydiard Fields, Great Western Way, Swindon, SN5 8UB