Mass. Gaming Commission offering grants to help minority, woman and veteran-owned businesses land casino contracts
The new grant program, the commission said, will benefit non-profits, public or quasi-public organizations serving Massachusetts businesses that are women, minority or veteran-owned, among others; located in areas of high unemployment or low-income; owned by low-income individuals and have the potential of doing business with a casino.
Woodsville Bank Hosting Event To Encourage Veterans To Be Entrepreneurs
WOODSVILLE, N.H. — Veterans, entrepreneurs, and others interested in starting or growing a business in New Hampshire are encouraged to take advantage of a free resource being provided through Woodsville Guaranty Savings Bank (WGSB) during April. The New Hampshire District Office of the Small Business Administration (SBA) will visit offices of WGSB to consult with individuals on a variety of topics including training, loans, or other support related to small business ownership. All consultations are free and open to the public.
Veterans can get help starting a new business
BY LAUREN LINDSTROM
Resources are available for veterans looking to start a business, and people are available to help them succeed.
That was the message Wednesday at the Veterans’ Business Forum, hosted by the U.S. Small Business Administration at the University of Toledo. About 100 veterans, entrepreneurs, and members of the business community spent the day learning about opportunities for veterans interested in owning a business.
Marianne Markowitz, the Chicago-based regional administrator for the SBA offices in the Midwest, said the agency has dedicated efforts to increase services for veterans. Among them, she said, was SBA’s decision to eliminate fees for veterans borrowing up to $350,000. Fees for larger loans have been cut in half, she said.
The SBA’s Cleveland District Office, which serves 28 counties in northern Ohio, facilitated $390 million in lending in 2015. Of that, $19 million went to veterans, a 40 percent increase from the previous year, Ms. Markowitz said.
“We’re very focused on veterans and transitioning service members and you might wonder why,” she said. “What you may not know about this group is that they are far more likely to start a small business than a normal, average American.
“Veterans are 45 percent more likely to start a business. We know that one in 10 businesses in this country are owned by veterans and 6 million Americans owe their job to a veteran-owned company.”
Regional US Small Business chief looks to expand opportunities for veterans
The purpose of the visit was to discuss the SBA’s assistance to Fort Hood’s transitioning veterans and their Families, through contracting opportunities for small businesses in the Central Texas community.
In fiscal year 2015, the federal government surpassed its 23 percent small business procurement goal for the third consecutive year, awarding an all-time high of $90.7 billion, in federal contracts to small businesses. This achievement benefits the local community by providing opportunities for advancement to its citizens.
State must help small businesses
In 2015, the legislation passed through the House of Representatives and the Senate but the Legislature ran out of time in the last day for the bill to come to a vote. This year, in a budget session, we continued our efforts, but, unfortunately it did not receive a message from the governor to make it germane.
VLM Stone 4/12/2016