The U.S. Small Business Administration (SBA) awarded the funding.
It represents one-third of the $300,000 in funding distributed nationally to organizations offering entrepreneurship training to service-disabled vets.
The EBV is an initiative “combining entrepreneurial education with hands-on experience,” per the SBA news release.
The program curriculum is designed to take service-disabled veterans through the stages of venture creation, while providing the training, professional networks and support necessary to successfully launch a business.
Syracuse has hosted the program annually since it founded and launched EBV in 2007.
The funding — offered through SBA’s Office of Veterans Business Development — supports each organization’s programs for service-disabled veterans planning to start a new business or expand and diversify existing small businesses. The SBA chose Syracuse University based on its “demonstrated history of and commitment to providing training programs and resources to service-disabled veterans.”
“Service-disabled veteran small business owners bring a unique and valued skill set to entrepreneurship,” SBA Acting Administrator Chris Pilkerton said in the news release. “Funding these organizations involved in helping service-disabled veterans establish successful businesses will go a long way toward securing the future for these veterans and their families.”
“Thanks to this new SBA Office of Veteran Business Development grant of $100,000, more service-disabled veterans will be able to access Syracuse University’s IVMF Entrepreneurship Bootcamp for Veterans with Disabilities (EBV) training to help them start and grow their own small businesses,” SBA Syracuse District Director Bernard J. Paprocki said in the news release.
Contact Reinhardt at ereinhardt@cnybj.com