AMGEN
 

Maria-Contreras-SweetOn Thursday, October 16, 2014, the U.S. Small Business Administration (SBA) announced the launch of “Destination: HUB.”

Since 1998, the SBA’s HUBZone program has served small businesses in urban and rural communities to gain preferential access to federal procurement opportunities. The program encourages economic development and employment growth in “Historically Underutilized Business Zones” by providing opportunities for companies to become active participants in the federal supply chain.

“Destination: HUB” will promote and highlight HUBZones for opportunities in federal procurement, according to SBA Administrator Maria Contreras-Sweet

“More than any other SBA initiative, the HUBZone Program has been a critical resource, creating jobs, alleviating poverty and reducing unemployment in our nation’s most vulnerable communities.  The program has had a transformational effect on small businesses all across the country. SBA’s Destination: HUB will put a spotlight on our underserved small businesses and promote HUBZones as ideal places for government contractors to do business,” Contreras-Sweet said.

The SBA maintains a goal of providing 3% of the federal government contracts to HUBZone businesses. According to Contreras-Sweet, HUBZone businesses only received 1.7% of federal contracts in 2013. The new initiative is intended to better aid the SBA in achieving, or even exceeding, its goal.

Destination: HUB will promote HUBZone firms in federal contract opportunities, while ensuring government officials, federal buyers, prime contractors, and local economic development boards cooperate to bring more awards directly for HUBZone businesses.

In an effort to generate maximum effectiveness, Destination HUB will consist of three major components.

1) Examining the successes and needs in the HUBZone program.

2) Analyzing the ideal situations for successful HUBZone collaboration, using the power of public and private partnerships and market research to recruit more firms for HUBZone participation.

3) Launching an educational initiative, in collaboration with community organizations, faith leaders, local economic development, and key stakeholders, to encourage participation in and inspire collective ownership of, the HUBZone program, at both the regional and national levels.

It is the hope of Contreras-Sweet that Destination HUB will further the SBA’s effort to improve access to capital and close opportunity gaps in communities of color by empowering entrepreneurs and small business owners’ economic and social mobility through employment and business growth.

The Veteran and Military Business Owners Association (VAMBOA) is a non-profit business trade association that promotes and assists Veteran Business Owners, Service Disabled Veteran Owned Businesses (SDVOB) and Military Business Owners. Small businesses are the backbone of our economy and responsible for job generation. That is why VAMBOA provides its members with Business Coaching, Contracting Opportunities, a Blog that provides information, Networking contacts and other resources. Membership is FREE to Veterans. Join Now!

VAMBOA: New SBA Initiative: By Debbie Gregory

SBA Georgia District Office

 The U.S. Small Business Administration’s Surety Bond Guarantee Program can help your small business get bonded!  Please join us if your small business has:

  •        Limited Financial Resources
  •        No Prior Bonded Work Experience
  •        Been in Business Less Than Three Years
  •        Desire to Increase its Current Bonding Capacity

Join us for an AT&T Connect Webinar discussing:

Contract Bonds

  • What they are and Why they are Required
  • How to Get Pre-Qualified
  • Working Capital & Bank Support

 SBA’s Surety Bond Guarantee Program

  • Program Eligibility
  • Required Information
  • Application Process & Fees

 Registration is required.  Please register online at http://events.sba.gov/eventmanagement/eventlisting.aspx?state=GA  Events are listed in date order

Date:                    Wednesday, November 12, 2014

Time:                    10:00 am – 11 am

Location:             VIRTUALLY 

Access:        https://connect16.uc.att.com/sba/meet/?ExEventID=87462470 (copy the link into your browser to attend).

Dial:            (888) 858-2144 & enter meeting code 7462470# to connect by phone.

Prepare in advance for the conference at: https://connect16.uc.att.com/sba/Prepare

For more information contact Ms. Melanie Bryant at 404/331-0100 ext 603 or melanie.bryant@sba.gov.

SBA Michigan District Office

Take advantage of Early Bird Registration through September 30th!

Ford Motor Company’s Dan Fortunato, Director of Construction and Services Purchasing will be providing the luncheon keynote address for this year’s conference.  To register click on:  http://private.vetbizcentral.com/main.sc

Veterans Business Confernce

Boots to BusinessBoots to Business program is set to benefit from $1.12 million in grants.

On September 19, 2014, the U.S. Small Business Administration (SBA) announced that it has entered into a cooperative agreement with America’s Small Business Development Centers, SCORE, and the Association of Women’s Business Centers (AWBC). This co-op has agreed to provide a total of $1.12 million worth of funding needed to facilitate resource partner participation in SBA’s Boots to Business program.

The SBA’s Boots to Business program provides training to transitioning service members and military spouses who are interested in business ownership. The program functions as part of the Defense Department’s TAP program. The original Boots to Business began as a pilot program in 2012, and was expanded in 2013.

Each year, more than 250,000 service members separate from the military ranks. With their experience and leadership skills, Veterans have proven to be natural entrepreneurs. Veterans are more likely to be self-employed than those with no active-duty military experience. There are approximately 2.45 million Veteran owned small businesses in the U.S., making up approximately 9% of all American small businesses. Veteran owned small businesses employ more than five million Americans, generating more than one trillion dollars of sales receipts each year.

“Veterans make some of our country’s best entrepreneurs, and we are investing in them by ensuring our partners are funded to maximize the training and support they provide to service members embarking on their post-service careers,” said SBA Administrator Maria Contreras-Sweet. “We owe so much to those who have served in our Armed Forces and sacrificed so much.  Our veterans deserve opportunities, and the SBA and our network of small business experts are ready to help them start their next chapter.”

Since January, 2013, more than 16,000 transitioning service members have participated in the two-day “Introduction to Entrepreneurship” class that was offered on 165 military installations around the globe. This year, the Boots to Business program was appropriated $7 million in the federal budget.

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

The Veteran and Military Business Owners Association (VAMBOA) is a non-profit business trade association that promotes and assists Veteran Business Owners, Service Disabled Veteran Owned Businesses (SDVOB) and Military Business Owners. Small businesses are the backbone of our economy and responsible for job generation. That is why VAMBOA provides its members with Business Coaching, Contracting Opportunities, a Blog that provides information, Networking contacts and other resources. Membership is FREE to Veterans. Join Now!

VAMBOA: Boots to Business Gets $1.12M: By Debbie Gregory

SBA Colorado District Office

This class covers Federal Contracting Small Business Certifcations. The Federal government has spent between $450 and 500 billion per year over the last several years on contracts. There is a goal to spend 23% of this with small business. Learn about small business contracting goals and set-aside programs related to Federal government contracting. Topics include:

  • 8(a) Business Development program
  • Women Owned Small Business Program
  • HUB Zone Program
  • Small Business self-certification
  • Requirements and Eligibiltiy for these programs

Speaker: Mia Fagley ~ US Small Business Administration

WHEN: Tuesday, September 16, 2014  9am to 11:30 am

WHERE:  Mi Casa Resource Center,  360 Acoma Street, Denver, CO

HOW: Registration is free, but required: email lshook@MiCasaResourceCenter.org