Veterans

July 13, 2012

SBA program helps veterans start businesses

by Terri Moon Cronk
American Forces Press Service

Transitioning service members and veterans will be able to learn how to become entrepreneurs through a U.S. Small Business Administration-sponsored pilot program, SBA Administrator Karen G. Mills told reporters July 11.

Operation Boots to Business: From Service to Startup is a pilot program designed to provide the training, tools and resources that transitioning service members and veterans will need to establish businesses, Mills said.

“We know that a quarter of veterans are interested in buying or starting their own businesses,” she said.

The pilot program will begin at four Marine Corps bases: Quantico, Va., Cherry Point, N.C., and the Camp Pendleton and Twenty-nine Palms installations in California.

Mills said the SBA wants veterans to have the capital, advice and counseling, and access to federal contracting opportunities to start, build and grow successful businesses.

“Operation Boots to Business will increase their likelihood of success,” Mills said.

The program has four phases:

  • Exposure to entrepreneurship as a potential career path, which will be offered to all service members leaving the military;
  • In-person and interactive classroom training;
  • A feasibility analysis for potential business plans; and
  • An eight-week online course outlining the basics of business ownership.

Mills said the SBA has partnered with the Defense and Veterans Affairs departments and a network of resources to train 20,000 returning Marines. By fiscal year 2013, she said, the program will be offered across the board to transitioning service members.




All of this week's top headlines to your email every Friday.


 
 

 

Remains of U.S. soldier killed in ’53 identified

Lawrence Jock’s surviving relatives in northern New York knew next to nothing about the Army combat veteran who was declared missing in action at the end of the Korean War more than 60 years ago. Now that his remains have been identified and will be brought back to the North Country for burial, his relatives...
 
 
Army photograph by Lisa Ferdinando

President awards Medal of Honor to former Army staff sergeant

Army photograph by Lisa Ferdinando President Barack Obama awards the Medal of Honor to former Army Staff Sgt. Ryan Pitts at the White House, July 21, 2014. Pitts received the nation’s highest military honor for his action...
 
 
Army photograph by Lillian Boyd

Medal of Honor recipient Ryan Pitts inducted into Hall of Heroes

Army photograph by Lillian Boyd Former Staff Sgt. Ryan M. Pitts, Medal of Honor recipient, is inducted into the Hall of Heroes during a Pentagon ceremony, July 22, 2014. Former Staff Sgt. Ryan Pitts was inducted into the Pentag...
 

 
Marine Corps photograph

DOD identifies missing World War II Marine

Marine Corps photograph Marines wounded during the landing on Tarawa in November 1943 are towed out on rubber boats to larger vessels that will take them to base hospitals. The Department of Defense POW/Missing Personnel Office...
 
 
Air Force photograph by SrA. Sarah Hall-Kirchner

Airman’s remains returned home 62 years after his death

Air Force photograph by SrA. Sarah Hall-Kirchner Members of the Scott Air Force Base Honor Guard transport the remains of Airman 3rd Class Howard Martin during a dignified arrival July 10, 2014, at the Indianapolis Internationa...
 
 

Acting VA secretary outlines problems, actions taken

In testimony before the Senate Committee on Veterans Affairs July 15, Acting VA Secretary Sloan D. Gibson outlined serious problems regarding access to health care and key actions the department has taken to get veterans off waiting lists and into clinics. “The trust that is the foundation of all we do – the trust of...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>