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Conference Presentation, Fireside Chat, Statement

John F.W. Rogers: Opening Session Remarks

  • The Goldman Sachs 10,000 Small Business program has graduated 6,752 businesses and is currently hosting 2,200 graduates from 10,000 businesses at its largest annual gathering, with equal attendance broadcast remotely.

  • Small businesses currently provide employment for approximately 60 million people, representing just under half of the U.S. workforce.

  • These firms are characterized as a diverse, resilient, and dynamic source of employment that contributes significantly to the American economy's ability to adapt to technological change.

  • Summit organizers have identified top challenges faced by resource-constrained small firms as attracting new employees, managing hiring processes, training staff, securing financing, and accessing credit.

  • Participants are demanding specific incentives, relief measures, and a regulatory regime designed to mitigate daily operational challenges and facilitate growth.

  • The event agenda focuses on providing actionable insights to bridge the gap between current business expectations and future operational capabilities.

  • A scheduled "Hill Day" event will mobilize 10,000 Small Business Program alumni to meet with elected officials in 347 of 435 congressional districts and all 50 states.

  • The purpose of this lobbying effort is to elevate the voices of small business leaders to address legislative barriers and drive tangible progress on key economic issues.

  • Goldman Sachs aims to utilize this gathering to amplify the collective influence of small business owners in national policy conversations and congressional dialogues.

John F.W. Rogers: Opening Session Remarks — Summary