Goldman Sachs will invest $500 million into companies led, founded or owned by women. The program will also help clients invest directly in private, late-stage companies or provide seed capital for women starting their own funds.
If this sounds familiar, it’s because it is. The investment bank made a similar announcement when it launched its 10,000 Women Initiative. Goldman Sachs began the program in 2008 with an initial $100 million commitment to provide business and management education for women-owned small businesses in developing countries.
