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SBA Offers $300K in Grants Aiding Service-Disabled Veteran Entrepreneurs

WASHINGTON, D.C. — The U.S. Small Business Adminstration wants to give service-disabled veteran entrepreneurs a fighting chance, so they’ve set aside $300,000 so eligible organizations can prepare them.

Up to six awardees will use the funding to participate in the Service-Disabled Veteran Entrepreneurship Training Program, fueled by grants from SBA’s Office of Veterans Business Development.  The funds will be used to cover the costs of educating service-disabled veterans planning to start a new business or expand and diversify existing small businesses.

“Despite challenges they may face, service-disabled veterans have pursued entrepreneurship and established successful companies nationwide,” said Larry Stubblefield, Associate Administrator for SBA’s Office of Veterans Business Development.  “We look forward to working with the awardees to provide more service-disabled veterans and their families with the training and resources they need to start or grow a small business.”

Eligible organizations should submit applications for the Service-Disabled Veteran Entrepreneurship Training Program funding opportunity only through Grants.gov . Applications not submitted via Grants.gov will not be evaluated. The submission deadline is Wednesday, July 24 at 11:59 p.m. EDT.

SBA’s Office of Veterans Business Development will host a conference call on Thursday, July 11 at 2 p.m. EDT to answer questions related to the Service-Disabled Veteran Entrepreneurship Training Program grant announcement. Please submit questions to Jerry Godwin at jerry.godwin@sba.gov no later than Tuesday, July 9 at 4 pm. EDT.

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