This bill establishes a new federal training program specifically designed to help veteran-owned small businesses learn how to win government contracts. The Small Business Administration would award a grant or cooperative agreement to a nonprofit organization to run the program, which would provide education and training on federal procurement processes to veteran entrepreneurs. The selected nonprofit must have a proven track record of training veterans and would use experienced instructors from federal, state, and local government agencies as well as private sector experts to deliver the program. The bill authorizes $1 million annually in funding for the program from 2024 through 2028. This legislation directly benefits veterans who own or want to start small businesses and aims to increase their success in competing for federal government contracts.
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