Goldman Sachs launched the 10,000 Women programme in March 2008. It is a $100 million, five-year campaign to foster greater shared economic growth by providing 10,000 underserved women around the world with a business and management education. The programme is founded on research conducted by Goldman Sachs, the World Bank, and others which suggests that this kind of investment can have a significant impact on GDP growth. Research also suggests that such an investment in women can have a significant multiplier effect that leads not only to increased revenues and more employees for businesses, but also healthier, better-educated families, and ultimately more prosperous communities. 10,000 Women is coordinated in local markets by a network of more than 80 academic and NGO partners. More than thirty of the world’s leading business schools are participating in 10,000 Women, including seven of the top ten.
In South Africa, 10,000 Women is managed and delivered by the Gordon Institute of Business Science. By the end of 2013, the school will provide 300 underserved female entrepreneurs with a business and management training delivered by leading faculty and industry specialists. This will be supported by mentorship, networking events, community dialogues and business advisory that will enable the women to grow their businesses.
Applications are now open for the first cohort of fifty women who will begin the programme in March 2012. Classroom sessions will take place at the GIBS Inner City Campus.
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