COVID-19 relief options and additional resources
LEARN MORE Close

SBA to Kick Off National Veterans Small Business Week on November 4

Release Date: 
Wednesday, October 30, 2019
Release Number: 
20-04
Contact: 
Matthew.Coleman@sba.gov

veteran small business banner

The U.S. Small Business Administration (SBA) will celebrate the accomplishments of veteran, service member and military spouse small business owners nationwide during National Veterans Small Business Week, designated nationally as November 4-8, 2019.

 

This year the SBA will highlight the tools and resources used to help veterans on their journey to small business success as part of its Mission: #VetBiz Success theme. Whether an entrepreneur is conceptualizing or just starting their business or even expanding into new locations, the SBA is here to support them throughout their mission.

 

SBA New York District Director Beth Goldberg said “Each year, SBA assists thousands of veterans, reservists, National Guard members and their spouses start and grow their small businesses. These vetrepreneurs not only served our nation at great personal sacrifice but also choose to serve our communities by developing successful small businesses that support our national economy and creating jobs in local communities.”

 

To honor NVSBW, the SBA New York District Office is hosting events across its coverage area. They can be found on the SBA website or by searching #NVSBW on social media.  A sampling of events offered from around the New York District Office include (free online registration required):

Tuesday, November 5                                             9:00am – 2:00pm
                  SBA New York Veterans Small Business Information Resource Fair & One-on-One Info Sessions
Ft. Hamilton U.S. Army Reserve Center
212 General Lee Avenue
Brooklyn, New York 11252

 

Wednesday, November 6                                       11:00am – 1:00pm

                  SBA New York 10 Steps to Starting Your Small Business
Tremont Library
1866 Washington Avenue
Bronx, New York 10457

 

Wednesday, November 6                                       5:00pm – 6:30pm
                  SBA New York Workshop & SBDC present en Espanol - Como Abrir Su Propio Negocio
Poughkeepsie Underwear Factory
8 North Cherry Street
Poughkeepsie, NY 12601

 

Thursday, November 7                         5:30pm – 7:30pm

SBA New York & CUNY CityTech SBDC: Small Business Legal Clinic
Brooklyn Public Library, Business Career Center
10 Grand Army Plaza, 3rd Floor
Brooklyn, NY 11238

 

Friday, November 8                                11:00am – 3:00pm

SBA & The City University of New York (CUNY) NVSBW Event
CUNY Graduate Center
365 Fifth Avenue
New York, NY 10016

 

“Veterans possess the exact qualities that make successful entrepreneurs: discipline, determination, resourcefulness and dedication to team success. With the start of National Veterans Small Business Week quickly approaching, the SBA celebrates the countless contributions of veteran-owned small businesses to our economy and strives to connect them, their spouses and active service members with no- and low-cost resources to help them succeed,” said SBA Atlantic Regional Administrator Steve Bulger who oversees the federal agency’s operations throughout New York, New Jersey, Puerto Rico and the U.S. Virgin Islands.

 

According to a recent federal report, veterans own more than two and a half million businesses – or nine percent of all U.S. companies.  Veteran-owned firms employed more than five million people being paid $195 billion in annual payroll and generating more than $1.1 trillion in receipts for our economy.

 

The SBA’s Office of Veterans Business Development and the 22 Veterans Business Outreach Centers across the country offer specialized guidance and support for veteran entrepreneurs, current service members and their spouses, including programs for service-disabled veterans, women veterans and members of the Reserve and National Guard. Additionally, there are numerous SBA programs that further assist veterans adjust to civilian life by guiding them to start their own business, such as:

Boots to Business This two-day popular program for current members of the armed forces runs approximately 700 educational classes at U.S. military facilities across the country and around the world throughout the year.  Participants are introduced to a broad spectrum of entrepreneurial business concepts and the resources available to access start-up capital, technical assistance, contracting opportunities and more;

Boots to Business Reboot: B2B Reboot takes brings the Boots to Business class off military installations, extending access to all veterans regardless of era, National Guard, Reserve and military spouses.  The curriculum provides assistance to those interested in exploring business ownership or other self-employment opportunities by leading participants through the key steps for evaluating business concepts and providing foundational knowledge required to develop a business plan; and

The new Veteran Owned Small Business Growth Training Program: Funded by a portion of President Donald Trump’s annual salary last year, the program offers a 7-month intensive training that helps veterans’ transition from military life into the private sector.  The program includes classroom instruction as well as opportunities for veteran small business owners to work with experienced coaches and mentors, attend workshops, and develop connections. The first VETRN session was held in New Hampshire in 2019 and the second will be coming to the Atlantic Region after January 1, 2020.

 

The SBA also continues its commitment to veteran and service disabled veteran entrepreneurs throughout the year through a myriad of federal contracting opportunities that compete for the set aside acquisitions in exclusive competition among Veteran-Owned Small Businesses via the federal government-wide Service-Disabled Veteran-Owned Small Business program in which entrepreneurs are certified by the SBA.  Federal agencies have a Congressional mandate to award at least 3% of all contracting dollars to service-disabled veteran-owned small businesses each year.  Every federal government purchase between $10,000 and $250,000 is automatically set aside for small businesses, as long as there are at least two companies that can provide the product or service at a fair and reasonable price.

 


About the U.S. Small Business Administration

The U.S. Small Business Administration makes the American dream of business ownership a reality. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.