According to FortuneMagazine, 100 businesses in New York and Los Angeles have completed a 20-week course, and 50 have been approved for loans financed by Goldman and administered mainly through nonprofit community lenders (Goldman is not a small business lender, so it relies on local institutions to administer the loans).
Split into teams of six, this year the students worked with organisations in 10 different countries (ranging from Ghana to Vietnam) to learn how to launch a new product for a developing market, according to FortuneMagazine.