Goldman Sachs has announced several global initiatives targeted at helping healthcare organisations, frontline responders and the hardest hit communities.
Goldman Sachs COVID-19 Relief Fund
- Goldman Sachs has announced $30 million in relief efforts through the Goldman Sachs Gives and Matching Gifts programs to support healthcare organisations, frontline responders, and the hardest-hit communities.
- In the UK, this has included a donation of $1 million to the Barts Health Charity, which supports six NHS hospitals in London, including the pop-up NHS Nightingale. This donation specifically helped to alleviate short-term pressures on staff, provide medical and personal protective equipment, and has enabled a research project analysing the spread of COVID-19 amongst frontline healthcare workers.
- Goldman Sachs engineers are partnering with NHS Digital to help curate, visualise and distribute COVID-19 related data in an accessible interface for use by local authorities, the government and the public.
- The team has helped establish and strengthen infrastructure and software development practices that: communicate the progression of the epidemic at the local and national level, show trends in suspected and confirmed cases and test results, track deaths attributed to COVID-19 and share statistics about at-risk members of the public.
- Through the COVID-19 Relief Fund, Goldman Sachs has sought to address some of the long-term impacts of COVID-19. Working with 16 of the UK’s leading mental health charities, we’ve committed $500,000 to jointly launch the new ‘Mental Health Sustainability Fund’. This fund is supporting smaller charities who are providing mental health provision to those most in need, to adapt and scale in the current and emerging climate.
- In addition to financial support, Goldman Sachs has also made significant PPE donations to the NHS and hospitals across EMEA and the US.
Small business support:
Global 10,000 Small Businesses alumni support
We have provided an extensive range of ongoing support to small businesses in the wake of the crisis. This has included bi-weekly webinars for our alumni community on key topics such as legal and tax advice, navigating government support and rethinking marketing and communications plans.
10,000 Small Businesses coaching
Around the world, we have provided small business leaders with bespoke coaching opportunities, matching them with Goldman Sachs employees who have the relevant skills and expertise to help the businesses address the unique challenges they are facing.
Small Business Resource Centre
Launched a frequently updated public hub providing tips, advice, how-to instructions for accessing government support, and outside resources.
10,000 Women online
Online learning is a powerful tool in normal circumstances, but in the current climate it is even more valuable resource. Recognising the challenges facing small business owners globally in light of COVID-19, we made our world-class online business education course available to any woman entrepreneur around the world, free of charge.
In order to further widen accessibility, we also made the course available in to new languages, for the first time – Spanish and Portuguese.
Find out more about how Goldman Sachs is responding to the crisis worldwide.