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Goldman Sachs pledges $15 million to help small businesses in Utah

July 18, 2012 /

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Bear Paw Development Corporation is a private non-profit organization created for the purpose of administering programs to help improve regional economic conditions in Hill, Blaine, Liberty, Chouteau and Phillips Counties and the Fort Belknap and Rocky Boy's Indian Reservations.

Goldman Sachs is committing $15 million to help Utah small-business owners gain practical education, find support services and locate capital to expand their companies and add workers.

The New York-based bank, which has its second-largest U.S. operation in Salt Lake City, is pledging $10 million in lending capital to area businesses and another $5 million over five years toward mentoring programs for business owners and for classroom education taught at Salt Lake Community College.

By paul beebe

Full Story: http://www.sltrib.com/sltrib/money/54504561-79/goldman-business-businesses-owners.html.csp

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