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omb -- New Pilot Program to assist Veteran Owned Small Businesses in Southern CA

Posted: 12 Jul 2012 14:31:25
SBA Launches Program to Help Transitioning Service Members and
Veterans Become Entrepreneurs. 

Operation Boots to Business: From Service to Startup to Help Them
Start Businesses and Create Jobs 

WASHINGTON – The U.S. Small Business Administration (SBA) has
joined with the Department of Veterans Affairs (VA) and the
Department of Defense (DoD) to launch a training program for
transitioning service members and veterans to help them become
entrepreneurs and create jobs.  Operation Boots to Business: From
Service to Startup is a national initiative that will be piloted
with the U.S. Marine Corps.  The announcement was made today by
U.S. Small Business Administrator Karen Mills and U.S. Marine
Corps representatives at Quantico, VA.  

“Our service men and women have made incalculable contributions
and sacrifices for our country, and supporting them as they
pursue their dreams to start or grow their own business is one of
our highest priorities,” SBA Administrator Karen Mills said.

“Through this partnership, we stand ready with support,
entrepreneurial training, and resources that are critical tools
to help them start businesses, drive economic growth and create
jobs for themselves and their communities.” 

Entrepreneurship and small business ownership are valuable
opportunities for transitioning service members and veterans. 
Each year, more than 250,000 service members transition out of
the military.  Transitioning veterans are natural entrepreneurs
who possess the skills, experience and leadership to start
businesses and create jobs.   

Veterans make up a large number of successful small business
owners.  Nine percent of small businesses are veteran-owned. 
These 2.45 million veteran-owned businesses employ more than 5
million individuals.  In the private sector workforce, veterans
are more likely than those with no active-duty military
experience to be self-employed.  

Operation Boots to Business: From Service to Startup will help
support veterans as they grow businesses and create jobs by
building on SBA’s role as a leader in entrepreneurship training. 

SBA will help connect veterans with its resource partner network
– Small Business Development Centers (SBDCs), Women’s Business
Centers (WBCs), SCORE, and Veterans Business Opportunity Centers
(VBOCs) – for support throughout the life-cycle of their new
Through its ongoing collaboration with Syracuse University’s
Institute for Veterans and Military Families (IVMF), SBA also
will provide comprehensive training materials specifically geared
toward transitioning service members.
SBA partners will coordinate training and services at military
bases around the country, delivering a face-to-face introductory
entrepreneurship course.  In addition, an intensive eight-week
online business planning training will be provided by Syracuse
University and its affiliated university partners for those
service members who choose to continue to pursue entrepreneurship
after the face-to-face introductory course.  Following, service
members and veterans will be referred to SBDCs, WBCs, SCORE
chapters and VBOCs for counseling and training throughout the
lifetime of their business. 

The program will pilot in four locations: Quantico, Va., Cherry
Point, N.C., Camp Pendleton, Calif., and Twenty-Nine Palms,
Calif.  It will be expanded across the nation during fiscal year
2013 with the goal of providing entrepreneurial training and
awareness to transitioning service members from all branches of
the military. 

For more information on Boots to Business training program, and
on how to take part as a transitioning service member, please
visit http://www.sba.gov/bootstobusiness. 

SBA currently engages veterans through its 68 local SBA district
offices, 16 Veterans Business Outreach Centers nationwide, and
its partnership with 1,000 Small Business Development Centers and
some 12,000 SCORE – Counselors to America’s Small Businesses
volunteers. Each year SBA helps more than 200,000 veterans,
service-disabled veterans and reservists.  To learn more about
additional opportunities for veterans available through the SBA,
please visit the website at www.sba.gov/vets. 

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