On July 17, the Small Business Administration (SBA) inaugurated a new business training program for military spouses. “The Military Spouse Pathway to Business program” supports the most recent White House Executive Order 14100, which improves economic prospects for military and Veteran partners, caregivers, and survivors.
Isabella Casillas Guzman, an SBA Administrator, said, “The Biden-Harris Administration is working hard to expand economic opportunities for military families.” She emphasized that the SBA is dedicated to supporting military families and veterans by paving entrepreneurial routes for them to participate in the small business boom that has sparked innovation and job creation nationwide.
Classes for the Military Spouse Pathway to Business will be offered physically and digitally throughout the year. Military spouses with a solid business concept or considering starting a business are urged to sign up. Participants will get the fundamental skills to create a business plan and basic techniques for analyzing company proposals.
These courses, which give our nation’s brilliant military spouse entrepreneurs the same counseling and training, access to finance, government contracts, and disaster support available to service members and Veterans, are offered through SBA District Offices and SBA Resource Partners.
The SBA District Offices and SBA Resource Partners will provide these courses, which aim to deliver military spouse entrepreneurs the same opportunities as service members and Veterans. These include financial access, federal contracting, counseling and training, and disaster relief.
According to Timothy Green, the Office of Veterans Business Development’s acting associate administrator, “The course is designed similarly to the SBA’s Boots to Business and Boots to Business Reboot courses.” He continued by saying that the new program considers the particular experiences of military spouses and provides them with a specific curriculum, peer group, and schedule.
However, the Biden-Harris Administration’s program intends to offer military spouses an opportunity to follow their entrepreneurial aspirations, strengthen the thriving small business sector, and promote economic growth.