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SBA offers grants to establish entrepreneurship training for disabled veterans

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The U.S. Small Business Administration announced a new funding opportunity for eligible organizations to provide entrepreneurship training to service-disabled veterans. The funding — available to nonprofit, state and local governments, private firms and institutions of higher learning — can be used to market, deliver and scale existing service-disabled veteran entrepreneurs’ training programs for veterans, service-disabled veterans and Reserve members who intend to start or expand a small business. The Service-Disabled Veteran Entrepreneurship Training Program 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. Grant applications are due by Aug. 18; instructions on obtaining, completing and submitting an application can be found at www.grants.gov and searching for grant SB-OVSD-22-001.