SBA Awards $100,000 for veteran-owned small business growth pilot training program
The U.S. Small Business Administration announced a partnership with the Veteran Entrepreneurial Training and Resource Network (VETRN) to establish a pilot training program for military members who are small business owners and their immediate family members. The Veteran Owned Small Business Growth Training program will equip entrepreneurs with the resources and networks necessary to grow their small businesses. An award of $100,000 from President Donald Trump’s salary from the second quarter of fiscal year 2018 will fund the 26-week program, the SBA said. Applicants must be a current business owner with at least one year of operation and one employee, and annual revenues of $75,000 or more. More information is available online.