Morgan State University President David Wilson joined Baltimore Mayor Catherine E. Pugh, Maryland Gov. Larry Hogan, Founder of Bloomberg L.P. and Bloomberg Philanthropies Michael R. Bloomberg, investor Warren Buffett and Goldman Sachs Chairman and CEO Lloyd C. Blankfein to announce a $10-million commitment to continue the Goldman Sachs 10,000 Small Businesses program in Baltimore. The program is designed to help create jobs and spur economic growth. The financial commitment in Baltimore, made by Goldman Sachs and Bloomberg Philanthropies, marks the first-ever co-investment in the Goldman Sachs 10,000 Small Businesses program and will be used to provide a practical business education and access to capital for small business owners.

A consortium of local program partners, which includes Morgan, The Johns Hopkins University and the Community College of Baltimore County, will coordinate the 10,000 Small Businesses program implementation. Morgan will lead the educational instruction in addition to aiding in the business owner recruitment and cohort networking components of the program delivery.

“Bringing this program to Baltimore is great for our city and will support its continued success in producing entrepreneurs,” said Morgan President David Wilson. “As an anchor institution, Morgan is committed to the city’s economic growth and development. We are honored for the opportunity to participate in this important public-private partnership and work collaboratively to move Baltimore forward in meeting that goal.”

“Baltimore is an enterprising city, and we are grateful to Goldman Sachs 10,000 Small Businesses and Bloomberg Philanthropies for choosing to invest in our local entrepreneurs,” said Mayor Pugh, who is a graduate of Morgan’s bachelor’s and master’s degree programs in business administration. “Through this commitment, we look forward to accelerating their potential not only as business owners, but also as job creators and community leaders.”

READ FULL ARTICLE HERE