The U.S. Small Business Administration announced that non-profit organizations and private sector firms are now eligible to compete for funding of up to $300,000 to deliver entrepreneurship training to women veterans.
Up to six grantees will be awarded $300,000 in total funding to participate in the Women Veteran Entrepreneurship Training Program (SB-OVWV-24-001) with grants from the SBA’s Office of Veterans Business Development. Awards will be made for a base project period of 12 months, with three option periods of 12 months each. These funds will be used to educate women veterans who intend to pursue or are already engaged in business ownership.
Entrepreneurship for women veterans
“With more than two million women veterans living in the U.S. and over 12 million businesses owned by women, there is an incredible need for more advocates and resources tailored to women veteran entrepreneurs,” said Timothy Green. Green is active associate administrator for the SBA’s Office of Veterans Business Development. “Through our Women Veteran Entrepreneurship Training Program, we are providing grants that train and empower women veterans. They’re ready to take their next step with their business. They’re taking the leap to open their doors or exploring new ways to grow what they’ve successfully built.”
In Fiscal Year 2023, over 9,500 participants worked with the program grantees to start or grow a business.
Kristen Wright, military spouse and owner of Kristen Wright Strategic Communications LLC based in Tulsa, Oklahoma, realized she felt overwhelmed with how to apply and compete for government contracts. She requested support from a resource provider to help her get started. Wright connected with ONABEN, an SBA Women Veteran Entrepreneurship Training program grantee. She participated in “Beyond the Boots,” a program specifically geared toward the needs of the military community. Wright received guidance and attended an SBA-led speaker session to help her understand the federal contracting opportunities available to her. The support she received through ONABEN has given Wright the ability to grow her military spouse- and woman-owned business. She compete in the federal marketplace.
About the Office of Veterans Business Development
The SBA’s Office of Veterans Business Development (OVBD) works through SBA’s extensive resource partner network. This network includes Small Business Development Centers, SCORE, Women’s Business Centers and 28 VBOCs located throughout the nation. VBOCs are also the leading partner in hosting the “Boots to Business” and “Boots to Business Reboot” programs. They offer courses on entrepreneurship on military installations and in local communities. Since the program’s inception in 2013, Boots to Business has trained and graduated more than 200,000 service members, veterans, National Guard and Reserve members and military spouses. For more information on the resources available for veteran entrepreneurs, visit sba.gov/veterans.
About the U.S. Small Business Administration
The U.S. Small Business Administration makes the American dream of business ownership a reality. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, or expand their businesses or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit sba.gov.
Looking for more funding opportunities? Check out our curated list of March grants.
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