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SBA Unveils Funding Opportunity for Firms, Nonprofits That Offer Veteran Training Programs

The Small Business Administration has launched a funding competition for nonprofit and private organizations that provide federal procurement training to veteran-owned small businesses and service-disabled veteran-owned small businesses.

SBA said Thursday the Veteran Federal Procurement Entrepreneurship Training Program will issue up to $500,000 in funds to help organizations administer existing federal procurement entrepreneurship training programs for VOSBs and SDVOSBs.

The program also aims to boost the capacity of VOSBs and SDVOSBs to vie for and win government contracts.

SBA expects to award a cooperative agreement with a one-year base period and three one-year option periods under the program.

The agency’s office of veterans business development will hold a webinar May 24 to discuss the funding competition with interested parties.

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