West Kentucky Company, Accepted into Prestigious Business Program

Wisdom Tree Technologies, LLC Based in Murray, KY
Release Date: 
Tuesday, August 15, 2017
Release Number: 
17-08157KY
Contact: 
michael.ashcraft@sba.gov

Scott Allen, President and CEO of Wisdom Tree Technologies, LLC in Murray, Kentucky, has been selected to participate in the esteemed Goldman Sachs 10,000 Small Businesses Cohort/Scholars program.

Mr. Allen will participate in the 12-week program through a combination of online and in-person sessions this fall. In-person classes will be held at Babson College in Massachusetts, connecting small business owners from across the country. The selection process is very rigorous, with applications submitted from across the United States.

Certified as an SBA 8(a) company, Service Disabled Veteran-Owned Small Business and Native American Owned Enterprise, Wisdom Tree Technologies serves the IT and Telecom Industries, National Defense, Law Enforcement, National Security, Special Operations, Inter-Agency, Intelligence Communities and Veteran Healthcare Communities.

Scott Allen, a retired military veteran, states that Wisdom Tree works hand-in-hand with its customers, providing innovative solutions to difficult problems. Within the past few years, Wisdom Tree Technologies has obtained contracts with the U.S. Army Recruiting Command at Ft. Knox, the Kentucky Army National Guard, the U.S. Air Force at the Keesler Air Force Base in Biloxi, Mississippi, the National Guard Bureau, Special Operations Command, Central Command, Bechtel Jacobs, Northrop Grumman and more.

Mr. Allen stated, “We are honored to be selected to participate.  Our business will benefit in the form of rendering increased job opportunities for the Veteran and minority demographics represented in our company.”

According to its website, the Goldman Sachs 10,000 Small Businesses “is a program for small businesses that links learning to action,” allowing participants to gain skills in negotiation, marketing, leadership and management that can be implemented immediately. The program also provides tools, access to capital and business support for the program alumni, allowing them to develop strategic plans that focus on growth and increased profit.

To date, 10,000 Small Businesses has “served over 8,000 small business owners across all 50 states, and has resulted in immediate and sustained business growth for the alumni of the program.” The website also states that program graduates “consistently grow their revenues and create jobs at rates that outperform the broader economy” and has an impressive and diverse list of business graduates in all sectors of the economy.

SBA Kentucky District Director Ralph Ross commented, “Wisdom Tree’s military customers need veterans like Scott Allen, who understand the unique problems of working in a military environment. The Federal Government spends over $5 billion a year in Kentucky. Much of this government work is high-tech and sophisticated. We need smart leaders like Scott Allen who can do that work. The Goldman Sachs program has the potential to make a smart leader even smarter. That’s a good thing for all of us.”

For more information about the Goldman Sachs 10,000 Small Businesses program, please visit http://www.goldmansachs.com/citizenship/10000-small-businesses/US/.  

For more information about the SBA Kentucky District Office, go to https://www.sba.gov/ky.

About the U.S. Small Business Administration: The U.S. Small Business Administration (SBA) was created in 1953 and since January 13, 2012, has served as a Cabinet-level agency of the federal government to aid, counsel, assist and protect the interests of small business concerns, to preserve free competitive enterprise and to maintain and strengthen the overall economy of our nation. The SBA helps Americans start, build and grow businesses. Through an extensive network of field offices and partnerships with public and private organizations, the SBA delivers its services to people throughout the United States, Puerto Rico, the U.S. Virgin Islands and Guam.