U.S. Small Business Administration It’s time to grow. Veteran Update.
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Transcript of U.S. Small Business Administration It’s time to grow. Veteran Update.
U.S. Small Business Administration
It’s time to grow.
Veteran Update
Vets Small Business Task Force• Established April 26, 2010 by executive order of
President Obama.
• Coordinates federal efforts to increase & improve veteran small business development.
COUNSELINGVeteran Outreach
• $150,000 grants provided to Veteran Business Opportunity Centers in 10 states
• SBA Transition Assistance Program 800 counseled annually
• Boots to Business • SBA Launched 2 new entrepreneurship programs for
Women Veterans, National Guard and Reserve members & their families
• SBA Expanded Entrepreneurship Boot Camp for Veterans w/disabilities to Louisiana State University
Online Resource for Disabled Vets
Online Resource for Women Veterans
Online Resource for National Guard & Reservists
CAPITAL
Patriot Express Initiative Loan
• Veterans, Service –disabled veterans, Reservists and National Guard members, TAP eligible active duty, spouse or widowed spouse of these members.
Loans up to $500,000 for military community ,members, including:
• 85 percent for loans of $150,000 or less; 75 percent for loans over $150,000
• In FY2012, Federal Agencies combined exceeded the 3.0 goal of contract procurement opportunities for Service Disabled Veteran Owned Small Businesses. 3.03% this year vs. 2.65% last year. In monetary language, that’s about $12.3 billion in dollars nationwide.
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CONTRACTING
http://www.sba.gov/content/government-contracting-classroom
SBA Contracting Classroom
Thank You for Your Service!
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