The U.S. Small Business Administration announced nearly $4.9 million in grant awards over five years to produce new Veterans Business Outreach Centers (VBOCs) in Alaska, Florida and Louisiana. The U.S. Small Business Administration mission is to help power the American dream of entrepreneurship.
These new centers will expand veterans, active-duty, National Guard, Reserve members, military spouses and eligible family members access to entrepreneurship training, counseling, and technical assistance, free of cost.
“Our veterans are among America’s most capable entrepreneurs, and President Trump’s America First agenda puts veterans and military families at the front of the line for opportunity,” said SBA Administrator Kelly Loeffler. “As small business owners, veterans are already powering America’s manufacturing base, reinforcing the defense industrial base, and strengthening the supply chains that keep our country secure. By expanding Veterans Business Outreach Centers, the SBA is helping more veterans build on that legacy—turning service, skill, and leadership into ownership, growth, and prosperity here at home.”
The State of Alaska Office of Veterans Affairs and Florida Is For Veterans Inc., doing business as Veterans Florida, each received $400,000 for the initial grant period. The Boot in Louisiana received $175,000.
New Veterans Business Outreach Centers will provide assistance at every stage of business ownership. Services including business planning, assistance accessing capital, government contracting, marketing, outreach and Transitioning.
More information is available at www.sba.gov.
