The U.S. Small Business Administration has grants available for eligible nonprofits, government agencies, private sector firms, and higher education institutions that provide entrepreneurship training to service-disabled veterans.
The grants can be used to market, deliver, and scale existing service-disabled veteran entrepreneurs’ training programs for veterans and Reserve component members who intend to start new businesses or expand existing small businesses.
The Service Disabled Veteran Entrepreneurship Training Program award is for a base project period of 12 months, with three 12-month non-compete continuation year periods. A total of $300,000 in funding is available for this program in FY 2022.
SBA anticipates making up to six awards, each valued between a minimum of $50,000 up to a maximum award of $150,000.
Submissions must be sent via grants.gov by Aug. 18. Go here for specific instructions on obtaining, completing, and applying.
The SBA continues to work to remove barriers for service-disabled veterans who are interested in pursuing entrepreneurship after their military careers, said Larry Stubblefield of SBA’s Office of Veterans Business Development.
“Through this funding opportunity, awarded organizations will help us extend our reach to the service-disabled veteran small business community to help them succeed at every stage of their entrepreneurial journey,” Stubblefield said.