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Veterans Business Outreach Center Program (VBOC)
59.044
N/A
In accordance with Public Law 110-186, the organizations will provide information on small business ownership to service members and military spouses by facilitating and instructing the U.S. Small Business Administration’s “Introduction to Entrepreneurship” known as “Boots to Business” which is a course offered within the Department of Defense Transition Assistance Program (TAP). Additionally, these organizations will provide counseling, training, technical and financial skill development, comprehensive business assessments and mentoring to veteran, service disabled veteran, active duty, Reserve, Guard, and military spouse/survivor entrepreneurs and small business owners interested in starting new or expanding/diversifying established small businesses.
This chart shows obligations for the program by fiscal year. All data for this chart was provided by the
administering agency and sourced from SAM.gov, USASpending.gov, and Treasury.gov.
For more information on each of these data sources, please see the
About the data page.
In FY 2022, the SBA provided counseling and training to more than 58,500 veteran small business owners and entrepreneurs. The Agency addressed veteran-specific challenges while integrating SBA services and initiating client referrals to other organizations that provide specialized offerings. The Agency, through the VBOCs, held more than 1,900 training events which included 1,174 B2B/Reboot classes at more than 175 military installations to over 219,000 participants. In-person B2B classes resumed in FY 2022, and about 25 percent of the classes were held virtually.
For more information about SBA accomplishments, access the SBA Congressional Budget Justification and Annual Performance Report: https://www.sba.gov/document/report-congressional-budget-justification-annual-performance-report
Single Audit Applies (2 CFR Part 200 Subpart F):
For additional information on single audit requirements for this program, review the current Compliance Supplement.
OMB is working with the U.S. Government Accountability Office (GAO) and agency offices of inspectors general to include links to relevant oversight reports. This section will be updated once this information is made available.
