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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, prostate Maria Contreras-Sweet, illness 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

BootsBusiness

By Debbie Gregory.

It is expected that over the next three to five years, pill more than 250, buy information pills 000 service members are expected to separate from the service each year. These Veterans will face stiff competition in the job market, viagra 40mg as well as a consistently higher unemployment rate than their non-veteran peers. With unique work and leadership experiences and a tradition of hard work and resiliency, these Veterans will look for alternative options to provide for their families. Economists contend that self-employment will help stimulate our struggling economy. With an abundance of opportunities provided to them by federal, state and local programs, combined with the desire to work for themselves after their service, many Veterans will seek out entrepreneurial ventures. For these Veteran Entrepreneurs to be successful, in addition to the leadership skills and drive that they developed in the military, they will need to acquire the knowledge necessary to run a business. One of the most effective programs for Veterans launching their own businesses is the Boots to Business program. Boots to Business is an entrepreneurial education program offered by the U.S. Small Business Administration (SBA). This program is an elective track within the Defense Department’s revised Transition Assistance Program called Transition Goals, Plans, Success (Transition GPS).  The course is offered in three parts. The first part, the Entrepreneurship Track Overview, is an introductory video shown during the mandatory five day Transition GPS course. The second part is a two day classroom course called Introduction to Entrepreneurship. The third part is an eight week instructor led, online course called Foundations of Entrepreneurship. This section offers detailed instruction on the elements of a business plan, and tips and techniques for starting a business.

The Boots to Business curriculum provides indispensable knowledge to transitioning service members who are interested in exploring self-employment opportunities. The program guides soon-to-be Veteran Entrepreneurs through the stages of business ownership, including evaluating business concepts and developing a business plan. Participants in the Boots to Business program are also introduced to the SBA resources that they can use to access startup capital and much more.

Having a sound business plan is critical to getting the startup capital and other lending approved. The Boots to Business program will help Veteran entrepreneurs develop and implement a business plan that will raise their chances of obtaining the funding to get their businesses off the ground.

The best part of the Boots to Business program is that it is available free of charge at participating military installations to service members who are retiring or otherwise transitioning from the service, as well as their spouses.

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: What Boots to Business Does for Veterans: By Debbie Gregory

SBA awardsDo you own a small business? Or do you know someone who deserves to be nationally recognized for their entrepreneurship or efforts in the small business community?

Each May, information pills during National Business Week, symptoms the U.S. Small Business Administration (SBA) honors dozens of entrepreneurs and supporters with a multitude of awards, including the National Small Business Person of the Year award.

For more than fifty years, the SBA has upheld its tradition of honoring the nation’s 28 million small businesses. Since 1963, National Small Business Week has recognized the outstanding achievements of America’s small businesses for their contributions to their local communities, and to our nation’s economy.

SBA Awards given in celebration of National Small Business Week include the following awards:

National Small Business Person of the Year – The winner is chosen from among state award winners from each of the 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, and Guam.

Phoenix Awards – recognizes outstanding accomplishments during disaster recovery.

Small Business Prime Contractor of the Year

Small Business Subcontractor of the Year

The Dwight D. Eisenhower Award for Excellence – Recognizes large prime contractors who have used small businesses as suppliers and contractors.

SBA 8(a) Graduate of the Year – For recent graduates of the SBA’s 8(a) Business Development Program.

Exporter of the Year

Small Business Development Center (SBDC)Excellence and Innovation Award – Nominations of SBA-funded SBDC Service Centers.

Women’s Business Center (WBCs) of Excellence Award – Nominations of SBA-funded WBCs.

Veterans Business Outreach Center Excellence in Service Award – Nominations of SBA-funded Veterans Business Outreach Centers.

Small Business Investment Company of the Year

 The SBA’s online portal is ready to accept nominations for the 2015 National Small Business Week Awards. The web portal provides all the necessary information about the awards, nomination guidelines and nomination forms. This will be the third year that the SBA has used the online portal system. The system has made it much easier to submit and track submissions of nominees for National Small Business Week.

All nominations must be submitted online, postmarked or hand delivered to the SBA no later than 3 p.m. EST, Monday, Jan. 5, 2015.

Nominations can also be sent directly to the SBA’s district offices. You can locate your nearest SBA district office by searching http://www.sba.gov/tools/local-assistance/districtoffices and clicking the link to the location nearest you.

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 Awards Nominations Are Open: By Debbie Gregory

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