Daniel Webster, acting district director for the U.S. Small Business Administration's Kansas City District Office, said "leveraging" the abilities of veterans' transition from the military into the workforce promotes self-employment while stimulating the U.S. economy.
Daniel Webster, acting district director for the U.S. Small Business Administration's Kansas City District Office, said "leveraging" the abilities of veterans’ transition from the military into the workforce promotes self-employment while stimulating the U.S. economy.
An SBA program that was recently reconfigured attempts to assist veterans and/or their interested spouses.
Webster, who joined the SBA in January 2013, discusses the Boots to Business-Reboot Program more in this Q5.
1. What is the Boots to Business-Reboot program, and when and where will it be?
"Modeled after the existing Boots to Business program, Reboot is an entrepreneurial education program offered by the U.S. Small Business Administration (SBA) in partnership with the Institute for Veterans and Military Families (IVMF) at Syracuse University.
"The U.S. Small Business Administration expanded their post-military entrepreneurship training efforts by expanding its Boots to Business entrepreneurship program beyond just transitioning troops to any veteran and/or their spouse interested in business.
"The Reboot Program will be offered regionally in Kansas City, Mo., as a free, one-time event over the course of two days to veterans from the states of Missouri, Iowa, Nebraska and Kansas. It will take place from 8:30 a.m.-5 p.m., Friday, Aug. 8, and 8 a.m.-4 p.m., Saturday, Aug. 9, at the Greater Kansas City Chamber of Commerce offices in Union Station, 30 W. Pershing Road, Suite 301 (The Board Room)."
2. Why did the U.S. Small Business Administration decide to expand its post-military entrepreneurship training program beyond just transitioning troops, to any veteran or spouse interested in business?
"There are approximately 22.5 million veterans who have served in our Armed Forces. With the jobless rate persistently high, and unemployment among veterans outpacing the national average, training in entrepreneurship makes sense. Leveraging the talents of veterans will promote self-employment and will help stimulate the economy."
3. What will the program offer for veterans and their spouses who are interested in starting a business but may need help turning ideas and goals into successful ventures?
"The curriculum provides valuable assistance to veterans exploring self-employment opportunities by leading them through the key steps for evaluating business concepts and the foundational knowledge required for developing a business plan. Participants are also introduced to SBA resources available to help access start-up capital and additional technical assistance."
4. How can participants elect to further their study after the program ends? How does the program help veterans connect to a network of lifetime business support?
"Upon completion of Introduction to Entrepreneurship class, participants can elect to further their study through an instructor guided eight-week online course led by the IVMF at Syracuse University. Completion of this course requires approximately 10 hours of study each week to guide participants through the fundamentals of developing a business plan. After completion of the program, Reboot participants will have the tools and knowledge they need to identify a business opportunity, draft a business plan, and launch their enterprise.
"The SBA will continue supporting veterans as they start and grow businesses and create jobs.
“By working with SBA’s Resource Partners (Small Business Development Centers, Women’s Business Centers), SCORE, and Veterans Business Outreach Centers), and Syracuse University to deliver entrepreneurship education, the SBA provides transitioning service members with the knowledge and resources they need to evaluate business opportunities and become successful entrepreneurs.
"SBA helps veterans get started and connects them to the SBA Resource Partner network for support throughout the life-cycle of their businesses.
“Boots to Business classes are only taught by SBA Resource Partners and SBA employees, with participation by subject matter expertise from various agencies and commercial entities."
5. Who is eligible for the program and how can they find out more information and register?
"The program is available to all honorably discharged veterans and their spouses. This program is available free of charge at participating locations to veterans and their spouses."