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One Million Black Women: Black in Business Program is sponsored by Goldman Sachs. This is a free 10-week business education program for Black women entrepreneurs, providing tools to turn business potential into business growth. It includes online and in-person programming, a stipend, and access to advisors and mentors.
While primarily an education program, the stipend and support for business growth directly contribute to entrepreneurship and wealth building.
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Black in Business | Goldman Sachs Learn more about how we cultivate and harness world-class intellectual capital and expertise to solve our clients’ most complex challenges. ASSET & WEALTH MANAGEMENT Private Wealth Management Private Banking and Lending Global Investment Research We harness every resource, insight, relationship, and competitive advantage to drive superior results for our clients.
Analysis and perspectives on the global economy and markets, from across Goldman Sachs Alternative and Private Markets We aspire to be the world’s most exceptional financial institution. Our People and Leadership Our Focus on Sustainability We help entrepreneurs create jobs and economic opportunity through rigorous business education programs, access to capital, and networking. There are many chapters in a career.
There is only one Goldman Sachs. Black in Business is a free business education program dedicated to equipping sole proprietors with the tools necessary to turn their business potential into business growth. The program helps sole proprietors learn how to price their product or service, hire their first employee, understand their finances, and so much more.
Applications are closed for the Fall 2026 cohort. Black in Business is a free business education program dedicated to equipping sole proprietors with the tools necessary to turn their business potential into business growth. The program helps sole proprietors learn how to price their product or service, hire their first employee, understand their finances, and so much more.
Applications are closed for the Fall 2026 cohort. This free business education program offers 12 weeks of online learning combined with an all-expenses-paid, in-person experience at Goldman Sachs headquarters in New York. Designed specifically for sole proprietors, the program helps CEOs guide their business growth and ensure that their businesses stay in the black.
Each participant is paired with a strategic advisor who provides personalized guidance to accelerate their path to growth. 1,600+ Small Business Owners Reached¹ 57% Increased Revenue Within 6 Months² 35% Hired New Employees Within 6 Months² Sources: 1 Based on internal data collected since program inception in 2022. 2 Data is self-reported by Black in Business alumni, surveyed 6 months after program completion since 2022.
The program is open to all sole proprietors interested in creating jobs, opportunities, and economic growth in their communities. Eligible applicants must operate a revenue-generating business that has been in operation for at least one year, with a minimum revenue of $25,000 in the past 12 months. The business must be a sole proprietorship with no other full-time employees.
The program requires 9-12 hours per week of online study. Participants develop business action plans, attend in-person orientation and graduation, and engage with advisors, mentors, and business leaders.
What You’ll Learn The Black in Business curriculum has been developed in partnership with the NYU Stern School of Business, and covers the following topics: Mastering the Art of Customer Attraction Financial Planning & Projection Keys to Effective Marketing Optimizing Your Operations for Growth Managing Your Financial Statements Goldman Sachs Black in Business graduates are growing their businesses and supporting communities across the United States.
Abeille Creations, Atlanta, Georgia The Laundry Basket, Baltimore, Maryland 2 Girls & a Cookshop, New York, New York Black in Business Over the Years one million black women Explore More
According to the current listing, eligibility includes: Black women sole proprietors with a minimum of $25,000 in revenue over the past twelve months and who have been operating within the US for at least one year. Confirm the full requirements in the official notice before applying.
The current listing shows $2,000 stipend (for participants in the education program). Verify award ceilings, matching requirements, and allowable costs in the official notice.
One Million Black Women: Black in Business Program is funded by Goldman Sachs. Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
Past winners and funding trends for this program