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Saluting Success

Advisory Date: 
Thursday, November 6, 2014
Advisory Number: 
15-2
Contact: 
James Provo | james.provo@sba.gov | 302-573-6294, ext. 227
Carper, Coons, SBA Host Veteran Owned Small Business Roundtable

WHO:             Honorable Tom Carper, U.S. Senate

                        Honorable Chris Coons, U.S. Senate

                        John Fleming, SBA Delaware, district director

                        Veteran Business Owner

WHAT:           Roundtable discussion of issues, interviews, photo opportunities

                                          Interview Senators Tom Carper and Chris Coons, veteran business owners, and              SBA  officials on job creation, small business growth, and SBA loan programs.

                                                                          Hear discussion of topics pertinent to Delaware small business owners.

                                WHEN:           Monday, November 10, 2014 at11:15.

                               WHERE:        Espresso N Ice   1030 Forrest Ave, Dover, DE 19904

                                                       Street • Rehoboth Beach, DE 19971                

Senator Carper, Senator Coons, and the SBA will host a Roundtable discussion with Veteran business owners and entrepreneurs from around the state on November 10 in Dover. All military services, and a variety of businesses will be represented.

 In attendance  will be veterans who recently attended the SBA’s ‘Boots to Business’ program. A two day intensive course on how to start a business, this program is offered to all members departing the military.

Members of our armed forces are used to managing risk and operating in stressful environments. They are accustomed to constantly changing roles and responsibilities in areas like operations, planning and logistics. Most of all, they are mission-driven, disciplined and focused. These traits not only describe outstanding service members; they also define successful entrepreneurs.

One out of every 10 small businesses in America is started by a vet. These companies employ nearly 6 million workers and generate more than $1.2 trillion in receipts. This is a talent pool we must nurture. And that’s exactly what the SBA is doing by reducing small business loan fees to zero for veterans and eligible family members, by expanding our Boots to Business Program, by investing in our women veterans through our VWISE program, and by funding Veterans Business Outreach Centers that help our heroes develop strong business plans to get their ventures off the ground.

 The U.S Small Business Administration (SBA) guaranteed financing or provided other services to most of the businesses in attendance. “This is a great example of how the SBA loan guarantee and other SBA services help a business to start, grow and succeed. The businesses here in this room employ well over 220 Delawareans. It is unlikely this would have been possible without the backing of the SBA. We are fortunate to have Veteran entrepreneurs that utilize the leadership skills and work ethic they developed in the military to create new businesses,” said John Fleming, SBA Delaware district director and a U.S. Marine veteran.

                                                                                 # # #

The SBA‘s mission is to maintain and strengthen the nation’s economy by aiding, counseling, assisting and protecting the interests of small businesses and by providing loan guarantees through private sector lenders to help qualified small businesses secure financing on reasonable terms. SBA offers counseling and training through its resource partners: the Small Business Technology and Development Center, SCORE, and First State Community Loan Fund  Delaware Center for Women’s Entrepreneurship. SBA also provides assistance with contracting, surety bonding, and disaster recovery. For more information call Jim Provo 302-573-6294 x 227.