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What is 10,000 Women^SM?

Expanding the entrepreneurial talent and managerial pool in developing and emerging economies – especially among women – is one of the most important means to reducing inequality and ensuring more shared economic growth.

Launched by Goldman Sachs, 10,000 Women is a global initiative that will:

• Increase the number of underserved women receiving a business and management education
• Improve the quality and capacity of business and management education around the world

10,000 Women has six components:

• 10,000 Women Over Five Years Will Receive a Business and Management Education: Over the next five years, Goldman Sachs will support partnerships with universities and development organizations that will lead to 10,000 women receiving a business and management education. The initial partnerships will fund business and management education certificates in countries around the world. These innovative certificate programs are pragmatic, flexible and shorter term and will help open doors for thousands of women whose financial and practical circumstances prevent them from ever receiving a traditional business education. These programs will provide women with the opportunity to develop specific skills, such as drafting a business plan, accounting, public speaking, marketing, management and accessing capital. There will also be a select number of MBA and BA scholarships funded.
• Build Quality and Capacity Through Global Business Sister School Partnerships: To strengthen the quality and capacity of business schools in developing nations, Goldman Sachs will support new partnerships between business schools and universities in the United States and Europe and business schools in developing and emerging economies. Through these partnerships, the schools will collaborate to train professors, exchange faculty, develop curriculum and create local case study material.
• Establish Mentoring and Post-Graduation Support for Women Entrepreneurs: In addition to funding tuition for business and management education, 10,000 Women will seek to establish mentoring and networking channels for women and to encourage career development opportunities that will extend the benefits of the program beyond the classroom, leveraging the overall impact of their educational experience.
• Work with Leading Research and Women's Development Organizations: Many outstanding organizations are working on the ground to give girls, young women and potential entrepreneurs a sense of their future potential. 10,000 Women will work with these organizations to better understand the local challenges these girls and women must overcome so more of them can ultimately realize their potential through access to greater economic opportunity.
• Develop Partnerships in the United States to Help Disadvantaged Women: As part of 10,000 Women, Goldman Sachs will establish parallel programs and partnerships to provide more business and management education for disadvantaged women in the United States.
• Commit $100 Million in Addition to the Time and Dedication of Goldman Sachs People: Goldman Sachs will commit $100 million over the next five years to 10,000 Women. In addition, the people of Goldman Sachs will contribute their time and expertise through classroom instruction and mentoring.