Now that we have finished, the invaluable information, resources and guidance to develop a growth plan will become a pivotal point in the history of our company after which we will grow exponentially.
Coral Gables, FL (PRWEB) October 02, 2015
Ibis Studio was recently selected to participate in a prestigious Goldman Sachs program geared toward small business development. The program, Goldman Sachs 10,000 Small Businesses, ran from June 4, 2015 to August 29, 2015 and was held at Miami Dade College in Miami, FL.
The program is a $500 million investment created and managed by Goldman Sachs as a way to promote small business growth and employment across the country. The program focuses on developing entrepreneurial skills such as negotiation, marketing, and employee management. At the end of the program, each attendee will have created a detailed business growth plan and will benefit from Goldman Sachs’ large network of partnerships with business organizations and development services nationwide.
To be eligible, applicants must be a small business owner or co-owner and that business must be at least two years old, must comply with certain level of revenue required (for the most recent fiscal year), and must have at least four employees.
The program is extremely competitive and requires applicants to undergo an application process (including an interview) to assess personal strengths and to assess the strengths of the company they’re representing. If selected to attend, participants attend 11 learning sessions designed by entrepreneur education experts at Babson College. They also attend out-of-class activities (approximately 6-8 hours per week) which include various assignments, group activities, business development planning, and networking events.
According to the 2014 Progress Report on the Goldman Sachs 10,000 Small Businesses Program, 99% of participants graduate from the program and 84% continue to do business with other program graduates. Within six months of graduating, 46.2% of graduates report increased job creation and 66.8% report increased revenue; within 18 months of graduating, 57.1% report job creation and 76% report increased revenue. To provide context, the National Small Business Association reported that only 22% of small businesses in the U.S. created jobs in 2014, and only 45% reported increased revenue during 2014.
Ibis Studio’s Marketing Manager, Jorge Benito, said that the program is a great opportunity for the company and will hopefully help Ibis Studio expand.
“Just being selected to participate in this program is an honor as well as an acknowledgement of the performance and the potential of Ibis Studio,” said Benito. “Now that we have finished, the invaluable information, resources and guidance to develop a growth plan will become a pivotal point in the history of our company after which we will grow exponentially.”
“This program enabled us to network and build relationships with fellow small business owners that share the same challenges and plans that we do. After spending three months together, we became allies, all working together for the growth of all of us.”
About Ibis Studio
Ibis Studio is a design and marketing agency that helps companies create powerful, engaging websites and online marketing campaigns. Their services include search engine optimization, mobile optimizing, social media marketing, graphic design and more. To learn more about their innovative web strategies, visit ibisstudio.com