SBA Announces Funding Competition for Women Veteran Entrepreneurs

February 27, 2020

The  U.S. Small Business Administration announced that nonprofit organizations, state and local agencies, and institutions of higher learning are eligible to compete for funding of up to $300,000 to deliver entrepreneurship training to women service members, women veterans, and women military spouses.

 

Up to six awardees receive a total of  $300,000 in grants administered by SBA’s Office of Veterans Business Development to participate in the Women Veteran Entrepreneurship Training Program. The funds will be used to cover the costs of educating women service members and veterans, as well as women military spouses who are interested in starting or currently own a small business.

 

“Women veteran entrepreneurs have contributed in a major way to the growth of the U.S. economy, bringing in $10 billion in receipts over a five-year period,” said Larry Stubblefield, Associate Administrator for SBA’s Office of Veterans Business Development.  “The SBA is committed to supporting women veterans with the training and resources they need to start, grow, or expand a small business.”

Eligible organizations should submit applications for the Women Veteran Entrepreneurship Training Program funding opportunity (WVETP-2020-01) through Grants.gov.  Applications not submitted via Grants.gov will not be evaluated. The submission deadline is Tuesday, March 17 at 11:59 p.m. EDT.

 

“Our nation’s economic engine thrives on its 1.1 million women-owned small businesses. The SBA is committed to igniting female entrepreneurship throughout the country to add to America’s economic success. I strongly encourage female entrepreneurs who served our nation in uniform, as well as those currently defending our freedom, to participate in this funding competition,” said SBA Regional Administrator Steve Bulger who oversees agency operations in New York, New Jersey, Puerto Rico and the U.S. Virgin Islands.

 

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 www.sba.gov.

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