Veteran-Owned Small Businesses
Programs for Veteran-Owned Businesses
Boots to Business Program: Educational and training Program aimed for veteran entrepreneurs in association with the U.S. Department of Defense Transition Assistance Program (TAP). Boots to Business and Boots to Business Reboot
Small Disadvantaged Business Certification: Small businesses can register to federal contracts as a Small Disadvantaged Businesses. Eligibility applies for disadvantaged owners who are socially and economically disadvantaged. Criteria for this program can be found through the SBA
The Military Reservist Economic Injury Disaster Loan Program (MREIDL): SBA Loan program with a maximum amount of $2 million for essential employees that are military reservists called to active duty. This program covers operating expenses for such circumstance with no pre-payment penalties or fees. Apply Here
Veteran Federal Procurement Entrepreneurship Training Program ( VFP ETP): Delivers entrepreneurship training to veteran-owned and service-disabled veteran-owned businesses nationwide interested in pursuing, or already engaged in federal procurement.
Service-Disabled Veteran Entrepreneurship Training Program (SDV ETP): Provides entrepreneurship training program(s) to service-disabled veteran entrepreneurs who aspire to be small business owners or currently own a small business
Women Veteran Entrepreneurship Training Program (WV ETP): This programs offers entrepreneurial training to women veterans, women service members, and women spouses of service members and veterans as they start or grow a business.
Service Disabled Veteran-Owned Small Business Program: A contracting assistance program that allows eligible service-disabled veteran-owned small businesses to compete for the program's set-aside contracts.
Surplus Personal Property for Veteran-Owned Small Business Program: Provides veteran small business owners access to federally owned personal property no longer in use through the General Services Administration's (GSA) Federal Surplus Personal Property Donation Program.
Veteran Business Outreach Centers (VBOC): The Veteran Business Outreach Centers offer consulting and networking events to Veteran-Owned Businesses Nationwide.
Local Assistance: Talk with your city/county to find more programs or funding in your local area
7(a) Loans: SBA loan program that offers funding for small businesses for short or long-term capital, expenses, and could be used for real estate in a business purchase. Funding amounts are provided up to $5 million.
504 Loans: Long-term funding made for small businesses at a fixed rate up to $5 million. This program is allowed for the purchase or construction of existing buildings/land, long-term machinery or equipment and new facilities. 504 loans can be found through Certified Development Companies (CDCs) via the SBA.
Capital Access Center (CAC): The CAC, part of the Kansas SBDC, is a consulting service to small business owners needing Capital (Loans, Lines of Credit, etc) or that have "Ask a Banker" type of questions that they would feel more comfortable asking the experienced staff at the CAC vs asking their own bank.
8(a) Business Development Program: Federal program done to provide contracting and assistance for Small Disadvantaged Businesses and gives access to business development through training, consulting, marketing, and technical assistance.
SBA Mentor-Protege Program (MPP): The SBA program that allows small businesses to partner (protege) with an experienced business (mentor) to guide proteges through business development. Check for eligibility
HUBZones Program: Federal program to aid small businesses located in historically underutilized business zones. If eligible, small businesses are able to set-aside contracts made specifically for HUBZone business, as well as a 10% price evaluation preference to contract competitions.
Minority Business Development Agency: The MBDA helps provide customized business development and industry focused services to provide greater access to capital, contracts, and markets.
Start Small Think Big program: Start Small Think Big is a non-profit that aids small businesses through legal, financial, and marketing services. Start Small Think Big reaches out to all types of small businesses from minority-owned to veterans.
Video Length 1:03:43
From our Capital Access Center, the Streamlined Business Plan for Raising Funds is a 5-page document that covers the major items needed to complement Financial Projections when working with a Lender. You can find the Streamlined Business Plan Template & other helpful Loan resource tools at https://www.capitalaccesscenter.com/forms
Presenter: Randy Robinson, Regional Director, Kansas SBDC at Pittsburg State University
Courtesy of Kansas SBDC
Join Teri Taylor with the Small Business Administration for an in-depth discussion about the SBA 8(a)/BD certification program requirements. This program is designed to assist socially and economically disadvantaged firms in their attempts to grow and succeed, including potential access to government contracting.
Presenter: Teri Taylor
Courtesy of Kansas SBDC at Wichita State
Funded in part through a Cooperative Agreement with the U.S. Small Business Administration.