INCLUSIVE GROWTH Launching a Workforce 10,000 Small Businesses Solution: 10,000 Small in France and the UK Businesses Fellows Pilot In December 2021, we synthesized insights from one thousand of the UK’s small business leaders and 10,000 Nearly 90% of small business owners report di昀케culty in Small Businesses UK to create the Engines of Growth report. 1. To recruiting quali昀椀ed candidates for roles in their business This report gives a high-level look at small businesses’ address this challenge, we launched 10,000 Small Businesses contributions to the UK economy and 10,000 Small Fellows in 2021, a pilot program to connect more than 250 Businesses UK alumni’s success amid the COVID-19 recovery. talented community college students with 10,000 Small Businesses alumni for paid internships. In 2020, 10,000 Small Businesses France launched, and since then, we have welcomed three cohorts — engaging over 1—10,000 Small Businesses Voices: “Survey: The COVID Surge is 200 small businesses. After graduating, participants become Slowing the Road to Recovery,” September 2021. part of the alumni community and receive ongoing support through events, coaching, and exclusive access to the global 10,000 Small Businesses community. 10,000 SMALL BUSINESSES UK GRADUATES LED PANDEMIC-RESILIENT BUSINESSES 47% Of alumni increased the number of people they employ since the start of the pandemic, compared with only 26% of their high-growth peers. 48% Of alumni increased their revenue in the last 12 months, compared with 31% of similar high-growth businesses. “10,000 Small Businesses Fellows was pivotal in helping us make big steps for our business, and I cannot thank 26% Goldman Sachs enough for the opportunity.” TED HILL Of alumni increased their revenue by more than Life Bene昀椀ts, Dallas, TX 20% from the previous year. 10,000 Small Businesses Graduate and Fellows Host Sustainability Report 2021 Inclusive Growth | Leveraging Partnerships 76
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