The U.S. Small Business Administration is now providing a new funding opportunity to provide entrepreneurship training to service-disabled veterans. The funding is available to non-profit organizations, state and local government agencies, private sector firms, and institutions of higher learning.
The awarded organization(s) can use the funding to market, deliver and scale existing service-disabled veteran entrepreneurs’ training programs for veterans, service-disabled veterans, and Reserve component members who intend to start new businesses or expand existing small businesses.
The Service-Disabled Veteran Entrepreneurship Training Program award is for a base project period of 12 months, with three 12-month non-compete continuation year periods. A total of $300,000 in funding is available for this program in FY 2022. SBA anticipates making up to six awards, each with a value between $50,000 to $150,000.
How To Apply
For specific instructions on obtaining, completing and submitting an application, visit grants.gov and search SB-OVSD-22-001.
Submissions must be sent via grants.gov no later than 11:59 p.m. ET on Aug. 18. SBA will reject and not evaluated proposal submissions not via grants.gov.
Information Session July 27
SBA’s Office of Veterans Business Development will host an information session to answer questions about the funding opportunity on July 27 at 2 p.m. ET via this Microsoft Teams link. To join by phone instead, dial (202)765-1264 and enter the conference ID: 760265504#. Submit questions no later than July 22 at 5 p.m. ET to Jerry Godwin at jerry.godwin@sba.gov.