Content provided by the Catalog of Federal Domestic Assistance
59.044 Veterans Entrepreneurial Training and Counseling
SMALL BUSINESS ADMINISTRATION
Small Business Act of 1953, Sections 8(b)(1)(A) and (B), 15 U.S.C. 637(B)(17).
To provide long term training, counseling, and mentoring to benefit small business concerns and potential small business concerns owned and controlled by eligible veterans. Eligible veterans means (A) A veteran who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary, or (B) a person who was discharged or released from active duty because of a service- connected disability.
TYPES OF ASSISTANCE:
USES AND USE RESTRICTIONS:
To establish Veteran Business Outreach Centers for the benefit of small business concerns and potential small business concerns owned and controlled by eligible veterans.
Applicant Eligibility: An eligible applicant for the Veterans' Outreach Program cooperative agreement is a responsible educational institution, private business, veterans' nonprofit community-based organization, and Federal, State and local departments and agencies for the establishment and implementation of outreach programs for eligible veterans.
Pre-application Coordination: None. This program is excluded from coverage under E.O. 12372.
Formula and Matching Requirements: The applicant must be capable of meeting the non-SBA matching requirements. The applicant must provide letters of commitment form other sources to certify the ability to match SBA contributions. The applicant who becomes a recipient/contractor must be prepared to report receipt of such contributions no later than the end of each program year.
POST ASSISTANCE REQUIREMENTS:
Reports: Quarterly performance and financial reports to the SBA Central Office no later than 30 days following the end of the quarter. A final report is due 90 days after the completion of the project year.
Account Identification: 73-0100-0-1-376.
Success stories must be published on the program-wide intranet system and/or shared with the SBA.
REGULATIONS, GUIDELINES, AND LITERATURE:
Contact the Federal agency for more information.
Regional or Local Office: For addresses of the SBA field offices, see Appendix IV of the Catalog under Small Business Administration.
EXAMPLES OF FUNDED PROJECTS:
CRITERIA FOR SELECTING PROPOSALS:
The technical proposal will consist of four sections: (1) Programmatic concept, (2) understanding the problem or need, (3) coordination of resources, and (4) organizational qualifications. The cost proposal will be evaluated based on reasonableness of cost and compliance with OMB Circulars A- 110 or A-112. Additionally the cost proposal must contain (1) a comprehensive development plan, (2) budget preparation, and (3) expenditures for fundraising activities may not be charged as a cost item and demonstration of adequate community based resources to achieve matching formula for non-Federal funds.