SYRACUSE, N.Y. — The U.S. Small Business Administration (SBA) has awarded Syracuse University a $100,000 service-disabled veteran entrepreneurshiptraining program grant (SDVETP).
The funding will target the entrepreneurship bootcamp for veterans with disabilities, which is part of the school’s Institute for Veterans and Military Families (IVMF).
Besides the IVMF, the SBA also awarded funding to Oklahoma State University, St. Joseph’s University in Philadelphia, and Dog Tag Bakery, Inc. in Washington, D.C., the agency said.
The federal grant is one of four that the SBA’s Office of Veteran Business Development awarded to assist the recipients in providing entrepreneurial training to service-disabled veterans interested in starting or growing a small business.
The SDVETP grant-funding competition was open to eligible institutions of higher learning; private organizations or businesses; nonprofit community-based organizations; state, local or tribal governmental agencies; and nonprofit organizations.
The initial award is for 12 months. The SBA and the awardees have the option to continue the grant for up to two additional years at the end of the initial grant period.
“The SBA looks forward to working with these outstanding awardees to create opportunities for service-disabled veterans and their families who seek to start or grow a small business,” Barbara Carson, associate administrator, SBA Office of Veterans Business Development, said in the news release. “The SDVETP grantees join SBA’s vast network of resources that empower veterans, service-disabled veterans, and National Guard and Reserve service members, and military spouse entrepreneurs.”
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