Virginia offers a range of programs to support veteran-owned businesses. The state provides a Veteran-Owned Small Business (VOSB) certification program through the Virginia Department of Small Business and Supplier Diversity (SBSD), which helps veteran-owned businesses gain recognition and access to procurement opportunities. The Virginia Small Business Financing Authority (VSBFA) offers financing programs and loan guarantee programs with favorable terms and rates to support veteran-owned businesses in obtaining capital for business development, expansion, or equipment acquisition. Virginia also has procurement preferences for veteran-owned businesses, giving priority consideration to certified veteran-owned businesses in its procurement processes. Additionally, the state provides business development services, including one-on-one counseling, training workshops, and assistance with business planning, marketing, and financial management, through the Virginia SBSD. The Veteran Business Outreach Center (VBOC) serves as a resource for veteran entrepreneurs in Virginia, providing counseling, training, and assistance with starting and growing businesses.
To access the specific resources and benefits available for veteran business owners in Virginia, I recommend visiting the official website of the Virginia Department of Small Business and Supplier Diversity (SBSD) at https://www.sbsd.virginia.gov/. The SBSD website should provide information on programs, certifications, financing options, and other resources available for veteran entrepreneurs.
Additionally, you may consider reaching out to local veteran organizations, chambers of commerce, or the local Small Business Development Center (SBDC) in Virginia for further assistance and guidance tailored to veteran business owners in the state.
- Preferred Vendor Status, Certification Program, or State Procurement Program
- Virginia SWaM Program (SDVOSB Designation)
- Small Business Loan Program
- Freedom First Federal Credit Union’s Small Business Fund
- Offers State Funding opportunity or Financial Assistance
- Business Resource and Education Programs
- Offers or proposed SSBCI CAP and OCSP Funding Programs
- - State Department: Virginia Small Business Financing Authority
- Program Types: Loan Participation Program
Loan Guarantee Program
Collateral Support Program
Equity Capital Program (Funds)
Equity Capital Program (Direct)
- Program Names: SSBCI Loan Participation Program
SSBCI Loan Guaranty Program
SSBCI Cash Collateral Program
SSBCI Venture Capital Program
SSBCI Venture Capital Program (Direct)
- Contact Information: [email protected]
[email protected]