Goldman Sachs bringining small business program to L.A.

Wall Street firm Goldman Sachs has chosen Los Angeles and Long Beach for the next stage of its effort to help small business entrepreneurs expand and create new jobs in a $500 million program to be announced today. Daily News.

Los Angeles Mayor Antonio Villaraigosa and Long Beach Mayor Bob Foster welcomed the program that will work with local colleges and community groups to identify local companies as part of the Goldman Sachs 10,000 Small Business Initiative.