In getting government contracts, a veteran-owned small business may have the edge over a typical small business. Many organizations, such as the Veterans First Contracting Program and the Center for Veteran Enterprise, can assist veteran companies in getting started. The Veteran Enterprise Center, for example, provides a free business plan to assist veteran firms in prospering. The initiative also includes a mentorship program to help veterans launch and expand their companies.
Kingdom Ware's Veterans First Contracting Program is intended to help small, Veteran-owned companies get government contracts. Small businesses must have at least three full-time employees and expertise with government contracts. It is taught by volunteers and is provided free of charge to participants. The Montgomery County Chamber of Commerce Community Foundation and its partners have wholly financed it. Find out more about the program. Visit the website to learn more.
The initiative assists veteran-owned small companies in gaining access to government contracts and receiving subsidized prices. Kingdom ware Technologies is one example. The Department of Veterans Affairs designated the company as a veteran-owned business. However, the Department of Veteran Affairs granted the contract to a non-veteran corporation after the company filed its offer for a federal project. Kingdom ware Technologies subsequently filed a protest with the Government Accountability Office, which deemed the award illegal and advised the VA to terminate the contract.
Kingdom Ware's Center for Veteran Enterprise is the only facility in the country where veteran-owned small enterprises may be certified by the Department of Veterans Affairs. Kingdom ware Technologies, Inc.'s founder and CEO is a disabled veteran. Initially, the contract was granted to another veteran-owned firm. Despite this, the Government Accountability Office ruled that the award was illegal and recommended that the Department terminate the contract after Kingdom ware filed a protest.
The Center for Veteran Enterprise, established by the United States Department of Veterans Affairs, assists veteran entrepreneurs in achieving their business aspirations. Through the Boots to the Business initiative, many programs assist veteran business owners in learning how to run their businesses and gaining access to government resources and financing. So, how can seasoned company owners be matched with mentors to assist them in thriving in their new ventures? The Center also provides educational institutions and veterans with business training and information.
The VIP program provides training for veteran-owned small businesses. It assists veteran-owned companies in developing the skills required to compete for and receive federal contracts. The training is provided at no cost to all veteran-owned small businesses nationwide. It gives five curricular options. The online classes are offered at The Bolger Center in Potomac, MD. Students will also benefit from specific coursework in federal contracts, supply chain management, and strategic planning.
The Institute believes that utilizing veteran-owned small companies to assist the government saves money is a good idea. Veterans' First Contracting, for example, is a government initiative that permits certified handicapped veteran-owned firms to compete on federal contracts. Kingdom ware Technologies is one of these small firms certified as veteran-owned. It submitted a project request to the Department of Veteran Affairs (VA), but A non-veteran business defeated it. The company subsequently filed a protest with the Government Accountability Office, which deemed the award illegal and advised the VA to cancel the contract.
The National Veterans Entrepreneurship Program was created to assist veterans with service-connected disabilities in starting and managing their enterprises. The free two-phase curriculum comprises a five-week self-study component and a five-day intensive training event. Participants will study the fundamentals of small-business management. Participants are also connected with mentors who can assist them in establishing a successful business. The program is available in several states, including Florida, Texas, New Mexico, and Virginia.
Delegates will concentrate on creating business concepts throughout the first portion of the VEP. They will also take part in online discussions and assessments. They will also focus on understanding pertinent business concerns and preparing for the August Bootcamp. Delegates may also have an existing business and use the self-study program to expand it. The Bootcamp is the program's last stage. Angel investors and venture capitalists can also provide financial support to company entrepreneurs.