The Veterans Business Outreach Center (VBOC) Program is funded by the U.S. Small Business Administration’s Office of Veteran Business Development. The program is designed to provide entrepreneurial development services such as business training, counseling and mentoring, and referrals for eligible veterans owning or considering starting a small business enterprise.
VBOCs are directed by the Small Business Act (Title 15 U.S.C. sec 637 (b)) to participate in the Defense Department’s Transition Assistance Program. Since 2013, the Boots to Business program has trained over 40,000 transitioning service members, Reservists and National Guard members, and military spouses.
MiraCosta Community College District is one of six new VBOCs announced in 2016 making a total of 19 centers nationwide.
A small business is defined as a business with 500 employees or less. Small businesses represent 99.7 percent of all employer firms. Since 1995, they have generated 64 percent of new jobs, and paid 44 percent of the total United States private payroll according to the United States Small Business Administration (SBA).
Small businesses contribute to local economies by bringing growth and innovation to the community in where they are established. Larger businesses often benefit from small businesses within the same local community, as many large corporations depend on small businesses for the completion of various business functions through outsourcing.
As Director of the newly created Veterans Business Outreach Center at MiraCosta Community College District, I am honored to be able to help a veteran owned business enterprise in achieving their goal of starting or expanding their vision in being a force that will definitely have an impact in our economy.
Funded in part through a cooperative agreement with the U.S Small Business Administration.
All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA.
Copyright © SOCAL Veterans Business Outreach Center. All Rights Reserved.