Warren Buffett, Goldman Sachs in US$500mil assistance drive


NEW YORK: Goldman Sachs Group Inc. said Tuesday it is teaming with billionaire investor Warren Buffett to invest US$500 million to provide thousands of small business owners across America with college scholarships and boost their access to capital.

Legendary investor and Goldman's largest shareholder, Warren Buffett, and Harvard Business School Professor Michael Porter will serve as co-chairs as well.

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