Houston Chronicle: Graduate believes in HCC’s Goldman Sachs program

From the Houston Chronicle:

Houston Community College is looking for small-business owners to apply for its Goldman Sachs 10,000 Small Businesses program.

The deadline for the next session – which starts on Oct. 3 – is July 30. Accepted applicants attend at no cost. …

The program launched at Houston Community College in 2011 and is funded by the Goldman Sachs Foundation. Goldman Sachs also has committed $20 million in lending capital to Houston-area small businesses.

In addition to classes at HCC, entrepreneurs receive help from the Greater Houston Partnership to access lending and technical assistance on applying for financing from the University of Houston Small Business Development Center Network.

So far, 130 small- business owners have graduated through the program, which lasts about 2½ months.

Abe Gonzalez, a co-owner of RPC Global, a computer recycling and IT asset disposal company, is one of the graduates.

“I’m proud to say that I can have a conversation with my accountant over a cup of coffee. Understating cash flow and inventory turnover has made a significant impact in the business,” Gonzalez said. “Due to the changes we made, we are now more efficient, have become more effective – which has translated into higher profits.”
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