Van Hollen Announces $300,000 Going to Montgomery County Chamber Community Foundation to Assist Veteran-Owned Small Businesses
Today Maryland Congressman Chris Van Hollen announced that the U.S. Small Business Administration (SBA) will provide $300,000 to the Montgomery County Chamber of Commerce Foundation to provide technical training to veteran-owned businesses seeking federal procurement opportunities. Through a Cooperative Agreement with SBA, the Foundation’s National Center for Veteran Institute for Procurement (VIP) will expand and host three training sessions a year to support up to 150 service-disabled veteran-owned small business (SDVOSB) and veteran-owned small businesses (VOSB) to attend the program.
Congressman Van Hollen has long supported the Foundation’s veterans’ initiatives, voicing his support and meeting personally with the SBA Administrator to urge the agency to provide the resources the Foundation needs to support veteran-owned small businesses. He was honored with the Montgomery County Chamber of Commerce’s “Legislator of the Year” Award for his efforts to support this national program.
“The Montgomery County Chamber of Commerce has been a leader in the effort to ensure our nation’s veterans have the tools they need to become successful entrepreneurs after they serve our country so bravely,” Congressman Van Hollen said. “I am proud to support the VIP program, which has helped thousands of veterans in Maryland and across the country grow their businesses and create jobs.”
Funding from the SBA will allow the expansion of VIP’s market-based training for SDVODB and VOSBs. VIP is an educational training program for owners, principals, and C-level executives of veteran-owned businesses that trains SDVOSBs and VOSBs to compete and comply successfully in the federal marketplace. The three-day comprehensive certification program’s curriculum is designed for veteran businesses to enhance their ability to win government contracts by establishing best business practices.