WASHINGTON, Feb. 12, 2024 (Globe Newswire) — Today, the U.S. Small Business Administration (SBA) announced that 200,000th Graduated from the Boots to Business (B2B) program. This milestone reiterates the longstanding importance of military entrepreneurs to the nation's economy and recognizes the B2B instructor's 11 years of accomplishments at home and abroad.
“SBA's Boots to Business program will strengthen aspiring military entrepreneurs, especially now that they are contributing to the record rate of new business applications we are experiencing under President Biden's leadership. The purpose is to do so.” SBA Administrator Isabel Guzman. “The Boots to Business program provides transitioning service members, veterans, and military spouses with an introduction to business fundamentals and helps them make the most of SBA resources to successfully make the jump from military to startup. Founded in 2000, we are proud to celebrate 200,000th Continuing our leadership in connecting graduating military entrepreneurs with valuable resources so they can pursue their business owner dreams after serving their country. ”
B2B is part of the U.S. Department of Defense's (DoD) Transition Assistance Program (TAP) Entrepreneurship Track. Boots to Business Reboot (B2BR) provides the same curriculum as B2B to veterans of all eras, National Guard and Reserve members, and military spouses who do not have access to military facilities. The 200,000 graduate count is growing weekly and includes participants in B2B, B2BR, the Department of Defense's TAP online learning management system, and the SBA's Military Spouse Business., of Entrepreneurship course for military spouses launched in July 2023.
200,000th Trainees attended the B2B course on January 16, 2024 in Fort Leavenworth, Kansas. Severe winter weather in the area delayed the entire post's service by two hours. But course instructors said the strong attributes of the military community shined through. “Despite inclement weather and difficult driving conditions, veterans and military spouses showed adaptability and resilience and arrived for class anyway,” said Mitchell Fitzpatrick, B2B Instructor and Veterans Business Outreach Center. said. (VBOC) director. “These skills, developed over years of work, are the same skills that give you a competitive advantage as a business owner.”
It is common for many B2B participants to solve their entire lives' puzzles while taking a course. They may be focused on moving arrangements, housing, schooling decisions for their children, or stable income. “Many people may not return to entrepreneurship for months or even years after completing the course,” Fitzpatrick says. “That's why I always remind them that VBOC and the SBA's resource partner network is always there for them. Whether they want to start a business or grow a business, we're here to help them on their journey. There are plenty of resources out there. My main message to students is: You are not alone and should never be afraid to reach out. Wondering about business ownership as a post-retirement route? If you are, joining B2B is a great opportunity to come off course with a new tool in your post-services toolbox and a mentor you can turn to at any time.”
In addition to the B2B milestone, the SBA's Boots to Business Revenue Readiness (B2B RR), hosted by Mississippi State University, also graduated 3,000.th B2B RR is a 6-week course on writing a business plan. Through interactive virtual classroom discussions, participants refine their business model into a business plan. Since the program's inception seven years ago, veterans, military personnel, and military spouse graduates have taken advantage of the course materials and instructor feedback to advance to the next stage of their business ownership journey.
said Shannon Arick of West Point, Michigan, who graduated from B2B training. The same goes for business. Boots to Business Revenue Readiness has given me a solid understanding of the steps that lead to business success and, more importantly, business retention. ”
In fiscal year 2023, more than 1,200 B2B and B2B Reboot classes were offered in-person and virtually. Additionally, the B2B curriculum will be updated in FY 2023 to include updated modules, new exercises, and more. B2B, B2BR, and Pathway to Business courses are offered through SBA district offices, resource partners, and grant partners. To view the current B2B course schedule, please visit sba.my.site.com.
About the Veterans Business Development Office
SBA's Office of Veterans Business Development (OVBD) operates through SBA's extensive network of resource partners, including the Small Business Development Center, SCORE, Women's Business Centers, and 28 VBOCs across the country. VBOC is also a major partner in hosting the “Boots to Business” and “Boots to Business Reboot” programs, which offer entrepreneurship courses on military installations and in local communities. Since the program's inception in 2013, Boots to Business has trained and graduated more than 200,000 military personnel, veterans, National Guard and Reserve officers, and military spouses. For more information about resources available to veteran entrepreneurs, visit sba.gov/veterans.
About the U.S. Small Business Administration
The U.S. Small Business Administration makes the American dream of business ownership a reality. As the single go-to resource and voice for small businesses backed by the power of the federal government, SBA helps entrepreneurs and small business owners start, grow, and expand their businesses or recover from a declared crisis. We will provide you with the resources and support you need to help you. disaster. We provide services through an extensive network of SBA field offices and partnerships with public and private organizations. For more information, visit sba.gov.