In the past two decades, there has been much progress in veteran business legislation and small business legislation. For military business owners, this progress has helped build strong businesses and opened up veteran business opportunities tremendously. In the past, veteran owned small businesses could barely receive funding from small business loans, let alone receive the veteran business legislation necessary to succeed and stand out in the business market. Through the support of organizations like VAMBOA (Veteran and Military Business Owners Association), service disabled veterans, military business owners, veteran owned small businesses and veterans just starting a business have been able to grow and prosper in progressive ways.
Small business legislation has opened up the doors for veterans wishing to start veteran owned small businesses. Some of that legislation has come in the form of simplified paperwork for veteran businesses and service disabled veterans businesses. Other veteran business legislation has called for more accessible small business loans for military business owners and other veteran businesses. This has increased the number of veteran business opportunities available to veterans and military business owners.
VAMBOA is actively pursuing further small business legislation to better assist service disabled veterans, military business owners and veteran owned small businesses and to open up new veteran business opportunities to those veterans looking to get into the veteran business market. By networking veteran business owners and pushing helpful veteran business legislation, such as better small business loans, VAMBOA hopes to increase veteran business opportunities and expand and strengthen the market, since most veteran small business owners need small business loans to get off the ground.
In an effort to accelerate small business legislation, VAMBOA encourages service disabled veterans and other veteran small business owners to network, connect and collaborate using its services.