SLCC, Goldman Sachs partner in economic development project.

• Position: By the Books

Salt Lake City -- SALT LAKE COMMUNITY COLLEGE and GOLDMAN SACHS have partnered in the 10,000 Small Businesses initiative in Utah. Goldman Sachs has pledged $10 million in lending capital to Utah businesses and another $5 million over five years toward mentoring programs for business owners and classroom education taught at Salt Lake Community College (SLCC).

"Core to the mission of SLCC is economic and workforce development. To be chosen by Goldman Sachs as Utah's national training partner for building 10,000 small businesses is affirmation that we are who we say we are, and now in an even bigger way," says Dr. Cynthia Bioteau, president of the college. "Goldman Sachs' award of $15 million over the next five years will greatly support our state's small businesses and corresponding economic outlook."

Created in 2009, the 10,000 Small Businesses initiative will help give Utah small business owners access to...