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SBA Wyoming District Office

Are you a Veteran owned business, looking for opportunities to expand?  Are you
registered in the free online databases required to do business with the
government?  Are you wondering if government contracting is a way to

grow your business?

If so, please register for Veteran Owned Business
Certification on Thursday, Aug 27, 2015 10:00 AM MDT at:
https://attendee.gotowebinar.com/register/4974244848480913922

You may also call Andrea Lewis, 307-772-7372, Deb Farris, 307-261-6503, or email amlewis@uwyo.edu or debra.farris@sba.gov with questions or
to register. This free webinar will educate attendees on the requirements and
benefits of obtaining a veteran-owned or service disabled veteran-owned
certification for government contracting opportunities. It will also cover the
basic process that business owners will go through in obtaining the
certification and will help attendees prepare the required documentation.

After registering online, you will receive a confirmation email containing
information about joining the webinar. This webinar is brought to you by the Wyoming Procurement Technical Assistance Center

(PTAC) and the U.S. Small Business Administration (SBA).

 

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 CoachingContracting Opportunities, a Blog that provides information, Networking contacts and other resources. Membership is FREE to Veterans. Join Now!

actBy Debbie Gregory.

The Veterans Entrepreneurship Act of 2015 was passed by the Senate on July 23, 2015. The amendment is added to the Small Business Act. It prohibits the Small Business Administration (SBA) from collecting a guarantee fee in connection with a loan made under the SBA Express Program to a veteran or the spouse of a veteran on or after October 1, 2015. There is a provision to exempt the act during any upcoming fiscal year for which the President’s budget, submitted to Congress, includes a cost for the program that is above zero.

The amendment also requires the SBA to assess for Congress the level of outreach to and consultation with female veterans regarding access to capital by women’s business centers and Veterans Business Outreach Centers.

Additionally, starting October 1, 2015, the act prohibits the SBA from guaranteeing a loan if:

the lender determines that the borrower is unable to obtain credit elsewhere solely because the lender’s liquidity depends upon the guaranteed portion of the loan being sold on the secondary market, or

the sole purpose for requesting the guarantee is to allow the lender to exceed its legal lending limit.

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 CoachingContracting Opportunities, a Blog that provides information, Networking contacts and other resources. Membership is FREE to Veterans. Join Now!

VAMBOA: Loan Advantage for Veterans Passes: By Debbie Gregory

VAMBOA: BlackHat

Black Hat, the world’s largest and most relevant information security conference is offering two free passes to transitioning Veterans who are within 12 months of EAS, or Veterans who are within 12 months of separation, AND who have great interest in information security as a career. The conference will take place August 1-6 in Las Vegas.

If you’ve never attended Black Hat, it is an unreal gathering of hackers, cyber security experts, and everyone between. If you’d like to be considered for the passes, please email Matt Devost at matt@devost.net.  Matt is heading the selection process and mentoring the selectees at the conference. It is an opportunity not to be missed for those interested in information security.

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 CoachingContracting Opportunities, a Blog that provides information, Networking contacts and other resources. Membership is FREE to Veterans. Join Now!

vamboa small bizBy Debbie Gregory.

While California has many qualities to brag about, great weather, a beautiful coastline, and more tourist attractions that any two-week vacation could do justice to, the state does have one very big black mark.

California was rated the worst state in the country for small business owners. According to a survey conducted by Thumbtack, last year the Golden State resulted in an “F” rating based on categories such as ease of hiring, regulations, and training and networking programs. California earned a grade of F for its labor, health and safety, and environmental regulations, and a D for its tax code, licensing, and zoning laws.

Among the states rated at the top was Virginia, the high ranking based on the friendliness of its health and safety, labor, and licensing regulations. Also highly rated were Texas and Utah.

Keeping California company at the bottom were Rhode Island, Illinois, and to a lesser extent, Connecticut and New Jersey.

If you’re curious as to how your state ranked in the Thumbtack survey, you can view the results here: http://www.sbecouncil.org/wp-content/uploads/2015/04/BTI2015SBECouncil.pdf .

As far as the best places for employees to work for small business, WalletHub looked at 100 of the country’s largest metro areas, considering the number of business with less than 250 employees per every 1,000 residents, small business job growth, diversity of industries, percentage of small businesses offering health insurance to employees and employee earnings adjusted for cost of living.

North Carolina accounts for two of the top 10 locations, with Charlotte taking the number one spot, and Raleigh taking second place. At the other end of the spectrum, the Youngstown, Ohio area takes the title for the worst metro area in which to work for a small business, followed by Stockton, California. The Stockton metro area holds among the lowest rates of small business job growth, lowest numbers of small businesses per 10,000 residents, and lowest earnings for small business employees when adjusted for cost of living.

California holds three places on the “bottom ten, “with Fresno and Bakersfield also joining the ranks. Like Stockton, Bakersfield suffers from low small business job growth, and few small businesses per 1,000 residents.

Sorry, California. But you’re a great place to visit!

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: The Best and Worst States for Small Businesses: By Debbie Gregory

Boots to Business ClassesBy Debbie Gregory.

The U.S. Small Business Administration (SBA) has reached a huge milestone for their entrepreneurship training programs for Veterans. SBA Administrator, Maria Contreras-Sweet, announced on April 21, 2015, that the agency has trained 25,000 transitioning service members through its Boots to Business program.

The Boots to Business is an entrepreneurial education program that the SBA facilitates as part of the Defense Department’s Transition Assistance Program (TAP). All service members are required to complete TAP classes before they separate from their service branch. Boots to Business is offered as an optional portion of the TAP class to service members who are considering starting their own businesses after they separate.

The Boots to Business curriculum includes steps for evaluating business concepts, providing the fundamental knowledge needed for developing a business plan, and information on SBA resources available to help access start-up capital and additional technical assistance.

Beginning as a pilot program in 2012,  Boots to Business expanded nationally in 2013. In order to provide the education and training to service members and their spouses, the program utilizes SBA resource partners, including the Institute for Veterans and Military Families (IVMF) at Syracuse University, Small Business Development Centers (SBDC),Veterans Business Outreach Centers (VBOC), Women’s Business Centers (WBC), and SCORE.

Over the last two years, the Boots to Business program has been made available to transitioning service members and their spouses, at no charge, on more than 165 military installations around the world. The education and training program provides them the opportunity to explore the possibilities of business ownership and self-employment. It also helps them evaluate the feasibility of their business concepts, and connects the aspiring business owners to SBA’s network of resource partners.

This milestone is proof of the SBA’s commitment to serving the community of military and Veteran entrepreneurs. From the beginning of her tenure, Administrator Contreras-Sweet has made deliberate attempts to support and provide for Veteran entrepreneurs and Veteran-owned small businesses, which she believes are essential to turning around our nation’s struggling economy.

“My first day on the job was just over a year ago, and my first meeting was with Veteran entrepreneurs because I wanted to honor them and emphasize the value they bring to small businesses across the nation. We know Veterans have the courage and the determination to become great entrepreneurs, and the United States is investing in them,” said Contreras-Sweet. “Boots to Business helps our service members and their spouses explore careers in entrepreneurship by showing them how to apply their military skills to start and grow their business. Our Veterans deserve every chance at success, and our economic future requires that we help them acquire the skills necessary to start the next generation of great American businesses.”

For more information about the Boots to Business program visit www.boots2business.org.

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: SBA’s Boots to Business Program Reaches 25,000 Served: By Debbie Gregory

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