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

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Presentation on theme: "U.S. Small Business Administration It’s time to grow. Veteran Update."— Presentation transcript:

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

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3 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.

4 COUNSELING Veteran 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

5 Online Resource for Disabled Vets

6 Online Resource for Women Veterans

7 Online Resource for National Guard & Reservists

8 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

9 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. 9 CONTRACTING

10 http://www.sba.gov/content/government- contracting-classroom SBA Contracting Classroom

11 Thank You for Your Service! 11 Follow us at:


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