What does OVBD mean in VETERANS
OVBD stands for Office for Veterans Business Development. It is an agency within the U.S. Department of Veterans Affairs (VA) that is responsible for promoting and supporting the creation and growth of veteran-owned businesses.
OVBD meaning in Veterans in Community
OVBD mostly used in an acronym Veterans in Category Community that means Office for Veterans Business Development
Shorthand: OVBD,
Full Form: Office for Veterans Business Development
For more information of "Office for Veterans Business Development", see the section below.
Key Focuses
- Promoting Veteran Entrepreneurship: OVBD supports veteran entrepreneurs through various programs and initiatives that provide access to capital, education, and mentorship.
- Supporting Veteran Business Owners: OVBD offers ongoing assistance to veteran business owners, including business planning, marketing, and procurement support.
- Advocating for Veteran Businesses: OVBD advocates for policies and initiatives that benefit veteran-owned businesses at both the federal and state levels.
Key Initiatives
- Veteran Business Outreach Centers (VBOCs): OVBD funds a network of VBOCs nationwide that provide free business counseling and training to veteran entrepreneurs.
- Veterans Entrepreneurship Training and Resource (VETR): VETR is an online platform that offers training, resources, and tools specifically tailored to veteran business owners.
- Veteran Business Matchmaking Program: This program connects veteran-owned businesses with potential government and corporate customers.
Essential Questions and Answers on Office for Veterans Business Development in "COMMUNITY»VETERANS"
What is the Office for Veterans Business Development (OVBD)?
The OVBD is a federal agency within the U.S. Department of Veterans Affairs (VA) dedicated to supporting veteran-owned businesses. It provides resources, training, and advocacy services to help veterans launch, grow, and succeed as entrepreneurs.
Who is eligible for OVBD services?
To be eligible for OVBD services, veterans must meet specific criteria, including:
- Be a United States citizen or legal permanent resident
- Have served on active duty in the U.S. Armed Forces for at least 180 days
- Be the majority owner of a small business
- Have a business that is located in or an employee of a business located in a state, territory, or the District of Columbia
What resources does the OVBD provide?
The OVBD offers a wide range of resources for veteran-owned businesses, including:
- Business counseling and technical assistance
- Training and educational programs
- Networking opportunities
- Access to capital and financing
- Advocacy and outreach services
How can I contact the OVBD?
You can contact the OVBD by phone at 1-888-821-5348, by email at [email protected], or through their website at https://www.va.gov/opa/vets-business/
What is the OVBD's mission statement?
The OVBD's mission is to "promote and protect the interests of veteran-owned businesses and provide them with the resources they need to succeed."
Final Words: OVBD plays a vital role in supporting and promoting the success of veteran-owned businesses. By providing a range of programs, services, and initiatives, OVBD empowers veterans to become successful entrepreneurs and contribute to the economic growth of the United States.