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U.S. Small Business Administration. Veteran Update. It’s time to grow. 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. COUNSELING Veteran Outreach.
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U.S. Small Business Administration Veteran Update It’s time to grow.
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.
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
CAPITALPatriot 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
CONTRACTING • 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.
SBA Contracting Classroom http://www.sba.gov/content/government-contracting-classroom
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