Buffett, mayor, Goldman chief to celebrate small biz grads
BY FRANCINE KNOWLES Business Reporter firstname.lastname@example.org June 12, 2012 12:04AM
Warren Buffett, chairman and CEO, Berkshire Hathaway, Inc., speaks during the Economic Club of Washington's 25th anniversary celebration dinner in Washington, Tuesday, June 5, 2012. (AP Photo/Cliff Owen)
Updated: July 13, 2012 6:23AM
Billionaire investor Warren Buffett and Goldman Sachs CEO Lloyd Blankfein will join Mayor Rahm Emanuel on Tuesday in Chicago at the graduation of 37 Chicago entrepreneurs who completed the Goldman Sachs 10,000 Small Businesses initiative.
The program, launched in Chicago in September, included a commitment of $25 million in small-business loans, business education and grants for supporting community partners.
It’s designed to help local small businesses create jobs and stimulate economic growth.
For the past 20 weeks, through the City Colleges of Chicago’s Harold Washington campus, the business owners studied accounting, human resources, negotiation and marketing, among other topics. The program also included one-on-one business consultation and advice from Goldman Sachs professionals.