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Small Business Administration visit

Maria Contreras-Sweet took office of administrator of the U.S. Small Business Administration (SBA) on April 7th. Contreras-Sweet took little time to get started. And in her first few weeks, more about she has already made efforts to show Veterans that they are a priority for her and her tenure as head of the SBA.

On April 15, advice Contreras-Sweet met at the Pentagon with service members who are enrolled in the SBA’s “Operation Boots to Business” program. The program is the product of a coalition between the SBA, the DOD, the VA and Syracuse University that provides transitioning service members with the knowledge and resources to succeed as entrepreneurs. The new SBA head spoke to a class of 20 transitioning airmen and sailors who are seriously considering starting their own businesses.

Contreras-Sweet relayed to the Boots to Business group the need for Veteran businesses to succeed. After all, there are currently almost 2.5 million Veteran owned businesses in the U.S. that employ a combined 5.8 million employees. Veteran owned businesses comprise 9% of all U.S. small businesses. But on top of all that, Conteras-Sweet told the group that she wants to make certain that those who served their country also get a chance to prosper after their service.

To provide an example of her previous record with assisting Veteran entrepreneurs, Contreras-Sweet spoke to the group about her time spent leading the California Business, Transportation and Housing Agency. Contreras-Sweet said that whenever her agency was hiring out contracts, she always made sure that contracts were provided for Veteranowned companies.

“There’s no point in getting people ready for business and then not giving them the opportunity to do the business,” she told them, “particularly with the government that they fought so hard to defend.”

Contreras-Sweet reminded the future Veteran entrepreneurs, that companies including: FedEX, Chik-Fil-A, Nike and Proctor & Gamble were all started by Veteran entrepreneurs. The SBA administrator believes that there is no coincidence that these Veteran owned businesses became the industry giants they are today. She told the group that many skills that they learned and honed in the military can translate to civilian jobs. At the top of these skills is leadership.

“…your service has given you unique qualifications to lead, and leadership is the holy grail of entrepreneurship,” Contreras-Sweet said.

The administrator promised the Operation Boots to Business group that the SBA would do all that they could to help their businesses get off the ground and grow.

“I want the SBA to have a long-term relationship with you,” she said. “And I want you to tell me if something works or doesn’t work. I want to hear from you directly about how the SBA can do more and how we can do better.”

VAMBOA: New SBA Head Encouraging Veteran Business Owners

Los Angeles Mayor Eric Garcetti.

SAVE THE DATE

May 19th, dosage 2014

12pm-5pm

Los Angeles City Hall

Please join Mayor Eric Garcetti to learn about opportunities to start and/or grow your business.

Please RSVP at: www.lamayor.org/veterans_business_summit

VAMBOA, dosage a non-profit trade association for Service-disabled business owners, patient Veteran business owners and Military business owners, works to assist these entrepreneurs start, maintain, and grow their companies.

Veteran and Military Business Owners Association (VAMBOA) is announcing that it has surpassed 5,000 memberships of Service-disabled business owners, Veteran business owners and Military business owners, with over 105,000 followers on Twitter.

In the military, personnel are asked to complete an infinite array of tasks, and failure is not an option. Officers, Soldiers, Sailors, Marines and Airmen are often provided limited resources and miniscule budgets to complete their missions. But through American ingenuity, and a determination that dwells in the hearts of those who serve, they are driven to complete their missions.

Thousands of Veterans have put that same drive into running their own businesses. Veteran owned businesses account for over $1 trillion in receipts per year. Veteran owned businesses are a vital part of our nation’s economy. It is for that reason that federal, state and local governments provide special loans, incentives and allotments to help Veteran owned businesses succeed. There are even further provisions, governed by law, for service-disabled Veterans.

“There are scores of programs and benefits designed to help Service-disabled, Veteran and Military owned businesses succeed,” said VAMBOA’s founder, Debbie Gregory. “At VAMBOA, we have made it our mission to connect these Veterans with the resources they need to start and maintain a successful business.”

Since 2010, VAMBOA has been providing its members with the knowledge of these government provisions that help Service-disabled Veteran business owners, Veteran business owners and military business owners succeed. VAMBOA also assists its members by providing business coaching, links to resources, and networking opportunities that are crucial to the success of their businesses. VAMBOA also connects it members to contacts within large corporations and government agencies who can mentor members, and in some cases, can even directly provide members with government contracts and vending contracts within large corporations.

VAMBOA is a 501(c)6 non-profit organization and does not charge dues for membership. VAMBOA relies on corporate sponsorship. If you would like to find out more about corporate sponsorship, contact VAMBOA’s founder, Debbie Gregory at: [email protected]. VAMBOA has a significant reach and is the Go To Site for Corporations to Connect with Service-disabled and Veteran Business Owners.

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