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SBA Provides Grant to St. Joseph’s Veterans Entrepreneurship Program Supporting Entrepreneurship Training Opportunities for Service-Disabled Veterans

Release Date: 
Tuesday, September 27, 2016
Release Number: 
20160927-001
Contact: 
Robert Goza (610) 382-3084 | robert.goza@sba.gov

PHILADELPHIA – The U.S. Small Business Administration (SBA) this week announced the four awardees of the Service Disabled Veteran Entrepreneurship Training Program (SDVETP) grant, including a $50,000 grant to the St. Joseph’s University Veterans Entrepreneurship Jumpstart Program.

“I know that under Ralph Galati’s direction, the St. Joseph’s University Veterans Entrepreneurship program has had a real and positive impact on veteran entrepreneurship,” said SBA Mid-Atlantic Regional Administrator Natalia Olson-Urtecho. “Each year, SBA serves over 200,000 veterans, service disabled veterans and military spouses across the United States and at military installations around the globe. I’m very pleased that this grant will help Veterans right here in Philadelphia.”

The grant, offered by the SBA’s Office of Veteran Business Development, assists each grantee with providing entrepreneurial training to service-disabled veterans interested in starting or growing a small business.

The four awardees are:

The SDVETP grant funding competition was open to eligible institutions of higher learning, private organizations or businesses, non-profit community-based organizations, state, local or tribal governmental agencies and non-profit organizations.

The initial award is for 12 months. At the end of the initial grant period, the SBA and the awardees have the option to continue the grant, for up to two additional years.

“The SBA looks forward to working with these outstanding awardees to create opportunities for service-disabled veterans and their families who seek to start or grow a small business,” said Barbara Carson, Associate Administrator, SBA Office of Veterans Business Development. “The SDVETP grantees join SBA’s vast network of resources that empower veterans, service-disabled veterans, and National Guard and Reserve service members, and military spouse entrepreneurs.”  

To learn more about additional opportunities for veterans available through the SBA, visit www.sba.gov/vets.

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About the U.S. Small Business Administration

The U.S. Small Business Administration (SBA) was created in 1953 and since January 13, 2012, has served as a Cabinet-level agency of the federal government to aid, counsel, assist and protect the interests of small business concerns, to preserve free competitive enterprise and to maintain and strengthen the overall economy of our nation.  The SBA helps Americans start, build and grow businesses.  Through an extensive network of field offices and partnerships with public and private organizations, the SBA delivers its services to people throughout the United States, Puerto Rico, the U.S. Virgin Islands and Guam.  www.sba.gov     @SBAgov