The U.S. Small Business Administration (SBA) is making bold moves to empower veteran entrepreneurs, recently announcing a $3.75 million grant to the Montgomery County Chamber of Commerce Community Foundation Veterans Institute for Procurement (MCCCF-VIP). This funding will launch the Veteran Federal Procurement Entrepreneurship Training Program (VFPETP), aimed at helping veteran-owned small businesses build the skills needed to secure federal contracts.

As federal contracting presents lucrative opportunities, the VFPETP offers a structured path for veteran entrepreneurs to enhance their competitiveness. “The new Veteran Federal Procurement Entrepreneurship Training Program will give veteran-owned small businesses the practical training and mentorship needed to compete for—and win—federal work,” stated SBA Administrator Kelly Loeffler.…