SBA Announces $1.05 Million in Grant Awards for Specialized Veteran Entrepreneurship Training

WASHINGTON - Today, the U.S. Small Business Administration (SBA) announced $1.05 million in grants to five organizations for new entrepreneurial training programs focused on veteran business ownership and growth in sectors vital to America's supply chains, industrial strength, and economic resilience. Operating through April 30, 2027, the programs will combine industry-specific instruction with practical support in corporate supply-chain procurement, business acquisition, procurement for specialized industries, and regenerative farming and ranching-equipping veteran entrepreneurs for new opportunities while strengthening America's domestic capacity.

"Veterans are among our most effective entrepreneurs in critical sectors across our economy, and the Trump SBA is fighting for those who fought for our country by offering more resources to strengthen America's production capacity," said SBA Administrator Kelly Loeffler. "By pairing specialized training with practical business support, our grant funding will position veteran entrepreneurs to become essential suppliers across industry and agriculture-building the domestic capacity America needs to compete and reducing reliance on foreign adversaries."

The grant awards have been awarded to the following organizations:

• National Veteran-Owned Business Association (NaVOBA): $150,000 for training in Corporate Supply Chain Procurement.
• Owners in Honor & Vet to CEO: $200,000 each ($400,000 total) to provide training and technical assistance in Business Acquisition.
• National Veteran Small Business Coalition (NVSBC): $250,000 for Procurement Training for Specialized Industries.
• The Utah Veteran Business Resource Center at Salt Lake Community College (VBRC): $250,000 for Veteran Entrepreneurship Training in Regenerative Farming and Ranching.

The awards build on the SBA's recent investments in veteran entrepreneurship, including a $3.75 million grant over five years for nationwide training that will prepare veteran-owned small businesses to compete for federal contracts, and nearly $4.9 million in grants over five years to establish new Veterans Business Outreach Centers.

These latest grants will bolster the SBA Office of Veterans Business Development's efforts to provide specialized resources and training for veteran-owned small businesses across the country. Through its Entrepreneurship Training Programs, the Office of Veterans Business Development provides customized online and in-person training to help veteran entrepreneurs develop the skills, relationships, and business knowledge needed to start, manage, and sustain small businesses, including in federal contracting. The office also provides resources, counseling, and training opportunities for veterans, service members, National Guard and Reserve members, military spouses, and their families.

To find a Veterans Business Outreach Center (VBOC) near you, visit www.sba.gov/vboc. To learn more about SBA's programs for veterans, visit www.sba.gov/veterans.

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About the Office of Veterans Business Development

The SBA Office of Veterans Business Development (OVBD) works through SBA's extensive resource partner network, including 51 Veterans Business Outreach Center (VBOC) locations throughout the nation. VBOCs are the leading partners in delivering the "Boots to Business (B2B)," "Boots to Business Reboot," and "Military Spouse Pathway to Business" programs-entrepreneurship courses offered on military installations and in local communities. Since B2B's inception in 2013, these programs have collectively trained and graduated nearly 260,000 service members, veterans, National Guard and Reserve members, and military spouses. OVBD's broader resource partner network also includes Small Business Development Centers, the SCORE mentoring program, and Women's Business Centers. 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 helps power the American dream of entrepreneurship. As the leading voice for small businesses within the federal government, the SBA empowers job creators with the resources and support they need to start, grow, and 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 www.sba.gov.

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