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Bill

K 1288

Recognizing May 6, 2026, as a day of special tribute to the Goldman Sachs 10,000 Small Businesses Program and its impact across New York State

2025 Regular Session Introduced by Charles Fall

The bill designates May 6, 2026 as a day recognizing the Goldman Sachs 10,000 Small Businesses Program’s impact on New York’s economy, entrepreneurship, and policy collaboration.

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Bill Summary · K 1288

Summary of Bill: K 1288 (2025-2026, New York)

Purpose and Intent

  • Recognize May 6, 2026 as a day of special tribute to the Goldman Sachs 10,000 Small Businesses Program.
  • Highlight the program’s impact on New York State’s economy, entrepreneurship ecosystem, and policymaking by informing and strengthening collaboration between business leaders and state policymakers.
  • Align with National Small Business Week (May 3–9, 2026) to acknowledge efforts that foster growth, innovation, and opportunity across the state.

Key Provisions

  • Formal recognition by the New York State Assembly of May 6, 2026 as a day honoring the Goldman Sachs 10,000 Small Businesses Program and its impact in New York.
  • Statement of program features and benefits, including practical business education, access to capital, and support services designed to help entrepreneurs scale and create jobs.
  • Emphasis on:
    • Data-driven decision making, growth planning, and operational excellence promoted by the program.
    • Networking and collaboration among participants to strengthen a statewide network of business leaders.
    • The role of the program in informing and enriching economic policy through real-world business experience.
    • Contributions to vibrant commercial corridors, investment, and overall economic vitality across New York State.
  • Acknowledgment that program participants and program representatives will participate in activities at the New York State Capitol on May 6, 2026.
  • Communication and dissemination: Requires copies of the resolution to be sent to the Commissioner of Empire State Development and the leadership of the Goldman Sachs 10,000 Small Businesses program.

Who/What is Affected

  • The recognition affects:
    • Goldman Sachs 10,000 Small Businesses Program participants and leadership within New York State.
    • Policy stakeholders and state officials who engage with small business development initiatives.
    • Communities and local economies across New York that benefit from program-supported growth and entrepreneurship.
  • No new costs or appropriations are specified in the resolution.

Procedural and Timeline Aspects

  • Introduced and adopted on May 6, 2026.
  • The resolution commemorates a specific date (May 6, 2026) within the broader frame of National Small Business Week (May 3–9, 2026).
  • Requires transmittal of the engrossed resolution to the Empire State Development Commissioner and Goldman Sachs 10,000 Small Businesses program leadership.

Potential Impact and Context

  • The resolution offers formal recognition and public acknowledgement of the program’s contributions, potentially elevating awareness among policymakers and the business community.
  • It underscores the program’s perceived value in supporting job creation, economic development, and informed policymaking in New York State.
  • While non-binding, the resolution may foster continued collaboration between state government and the program, contributing to ongoing efforts to strengthen small business ecosystems.

If you’d like, I can add a brief comparison to how similar resolutions have been used to promote other programs or provide a plain-language pilot note for readers unfamiliar with the Goldman Sachs 10,000 Small Businesses initiative.

Compiled from official sources — confirm details with the bill’s official record.

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