WATERVLIET – The Arsenal Business and Technology Partnership’s Veteran Business Outreach Center (VBOC) in Watervliet is ready and available to help veteran owned businesses.
There are a number of resources available to veteran owned businesses during the coronavirus pandemic, including the Economic Injury Disaster Loan (EIDL), and the Paycheck Protection Program (PPP), which still has more than $100 billion available in funding. The local VBOC has staff and resources to help veteran business owners navigate the intricacies of qualifications and applications.
The PPP has supported more than 1.66 million small businesses and protected more than 30 million jobs for hard working Americans. With the additional funds appropriated by Congress, tens of millions of additional workers will benefit from this critical relief.
“We’re here to help small, veteran owned businesses and entrepreneurs everyday, but when something like this pandemic happens, those businesses need our help more than ever,” said Amy Amoroso, Director VBOC Region II. “No one could have predicted that businesses would be impacted the way they’ve been, so we want to make sure we’re reaching out to everyone who may need our services. During the past 60 days, over 9,700 clients and stakeholders received counseling or participated in one of our 25 training events.”
On May 7, representing the 22 VBOCs nationwide, Amoroso was invited to speak before members of the House Committee on Small Business from an SBA Resource Partners’ perspective on the implementation of the CARES Act. It was an opportunity to report on what is working or not working well, and to identify what more can be done to help small businesses deal with the issues related to COVID-19.
“We are so proud of the work that our regional Veteran Business Outreach Center performs regularly, but the services provided to support veterans during this uncertain time have been invaluable,” said Kathy Caruso, Administrator of the Arsenal Business and Technology Partnership. “The Partnership is honored by the work VBOC is doing to help veterans navigate the obstacles that stand before the success of their businesses.”
If small veteran owned businesses are looking for assistance with any EIDL or PPP applications, they are encouraged to reach out to Amy Amoroso at 518-326-5522 or email@example.com.
The Arsenal Partnership’s Veterans Business Outreach Center is partially funded by the U.S. Small Business Associations’s Office of Veterans Business Development (OVBD).
The OVBD exists to help veterans become full partners in economic development through small business ownership. You can visit their website at www.sba.gov/offices/headquarters/ovbd.
For more information on the VBOC program, visit www.vbocregion2.com.