More Than 350 Businesses Served, Representing Over $500M in Revenue The 11th cohort of Miami Dade College’s Goldman Sachs 10,000 Small Businesses (10KSB) graduated in August, and if past is prologue, these 39 entrepreneurs will soon see increasing revenues for their businesses as they continue to create new jobs in South Florida. The 10KSB program for entrepreneurs seeks to grow 10,000 small businesses nationwide. For the 12 cohorts that have participated since the program began at MDC in 2013 – cohort 12 is currently in progress – the 352 businesses account for $515 million in baseline revenues and 6,200 employees throughout Palm Beach, Broward and Miami-Dade counties. “Prior to entering the 10KSB program, I would shy away from tasks I felt weaker in. Now, I’ve learned strategic ways to turn my weaknesses into strengths,” said cohort 11 graduate Dan Hannon, the CEO of Omni International, a logistics and materials supply company, as well as Aabaco Environmental, which serves the bio-remediation industry. “Recent data highlights Miami’s advantage in having the highest startup energy in the nation, which fuels the tremendous demand for 10KSB,” said John Hall, executive director of 10KSB at MDC. The College’s program is intended to push existing businesses to the next level by requiring that a business be at least two years old and have revenues of $150,000 or more annually to apply. “I was impressed with the passion and energy of the cohort,” said MDC Chief Innovation Officer Damian Thorman, who spoke at the cohort 11 graduation ceremony. “These are all businesses that are doing well, and they’re at a point where they want to stretch themselves. They’re shooting for the stars and this program helps them get there.” Beyond the curriculum, peer support is one of the pillars of the program, which boasts a 99 percent graduation rate. “In the 10KSB program we worked together in a collaborative, peer learning environment,” said Gina Cadogan, another 10KSB graduate who is the founder Cadogan Law, which specializes in legal issues surrounding workplace employment. “That is certainly one of the strengths of the 10KSB program — we work together for the benefit of all our fellow scholars.”
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