CHAMBERSBURG, Pa. — Jocelyne Melton and Baxter Group Inc. received a Certificate in Entrepreneurship and became an alumnus of Babson College after completing the Goldman Sachs 10,000 Small Business Program.
Baxter Group Inc. was one of the 20 percent of applicants accepted into the program’s Spring 2017 Cohort.
“Through the program, participants gain skills in key financial ratios, building out opportunities, leadership, company culture, market opportunities, process improvement, marketing, and forecasting,” Melton, the chief executive officer and president of Baxter Group Inc., said in a news release. “Upon graduation, participants receive the professional support to develop a strategic and customized business growth plan that will take the company to the next level.”
Applicants must intend to increase employment with their companies.
Melton was part of the national cohort of scholars from the United States and Puerto Rico. All participants were on full scholarship from Goldman Sachs valued at $50,000.
Baxter Group Inc. has expanded from an asbestos abatement company into testing for environmental concerns. The company offers asbestos inspections and removal, mold assessments and remediation, lead testing and paint removal, radon testing and remediation, indoor environmental testing and remediation, as well as HVAC duct cleaning and damage restoration.
The 10,000 Small Business Program is guided by an advisory council on which Babson College President Kerry Healey serves. It is co-chaired by Goldman Sachs chairman and CEO Lloyd C. Blankfein; Bloomberg L.P. founder, president, and CEO, and 108th Mayor of the City of New York Michael R. Bloomberg; Berkshire Hathaway chairman and CEO Warren Buffet; and the Initiative for Competitive Inner City’s Michael Porter. The National Urban League and the U.S. Hispanic Chamber of Commerce also are represented on the council, among other groups.
Program results show that graduates of this program consistently grow their revenues and create jobs at rates that outperform the broader economy.