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SBA Announces Funding Competition to Improve Federal Procurement from Veteran-Owned Businesses

  • U.S. Small Business Administration announces opportunity to compete for up to $500,000 to help veteran-owned businesses access federal contracting opportunities
  • Funds to be used to cover the costs in educating veteran entrepreneurs who intend to pursue federal procurement or are currently engaged in it
  • Applications being accepted through July 12

Summary by Dirk Langeveld

The U.S. Small Business Administration has announced a competition for up to $500,000 in funding to help veteran and service-disabled veteran entrepreneurs access federal contracting opportunities.

The SBA will select one or two awardees to participate in the Veteran Federal Procurement Entrepreneurship Training Program using grants from the agency’s Office of Veterans Business Development. The funds will be used to cover the “costs of educating veterans and service-disabled veterans who intend to pursue, or are already engaged in, federal procurement.”

Applications will be accepted through July 12. The SBA’s Office of Veterans Business Development will also host a conference call at 2 p.m. on June 22 to answer questions on the funding opportunity.

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