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U.S. Small Business Administration It’s time to grow. Veteran Update

U.S. Small Business Administration It’s time to grow. Veteran Update

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Page 1: U.S. Small Business Administration It’s time to grow. Veteran Update

U.S. Small Business Administration

It’s time to grow.

Veteran Update

Page 2: U.S. Small Business Administration It’s time to grow. Veteran Update
Page 3: 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.

Page 4: U.S. Small Business Administration It’s time to grow. Veteran Update

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

Page 5: U.S. Small Business Administration It’s time to grow. Veteran Update

Online Resource for Disabled Vets

Page 6: U.S. Small Business Administration It’s time to grow. Veteran Update

Online Resource for Women Veterans

Page 7: U.S. Small Business Administration It’s time to grow. Veteran Update

Online Resource for National Guard & Reservists

Page 8: U.S. Small Business Administration It’s time to grow. Veteran Update

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

Page 9: U.S. Small Business Administration It’s time to grow. Veteran Update

• 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

Page 10: U.S. Small Business Administration It’s time to grow. Veteran Update

http://www.sba.gov/content/government-contracting-classroom

SBA Contracting Classroom

Page 11: U.S. Small Business Administration It’s time to grow. Veteran Update

Thank You for Your Service!

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