SCOREOn August 14, 2014 the U.S. Small Business Administration (SBA) celebrated the 50th anniversary of SCORE.

SCORE, a coalition of experienced and successful businessmen, was officially launched in 1964 as the Service Corps of Retired Executives by then SBA administrator Eugene Foley. From the start, the group was dedicated to the education of entrepreneurs and the formation, growth and success of small business nationwide. SCORE mentors have achieved this goal by providing resources and expertise to maximize the success of existing and emerging small businesses.

Today, SCORE consists of more than 11,000 mentors, serving every state in the country. These men and women share invaluable small business wisdom with today’s small business owners. They help with writing business plans, preparing for obtaining business loans and help small business owners manage their revenue, handle their cash flow and market themselves to build their customer base and hopefully go from small businesses to big businesses.

In its half century existence, the coalition became a non-profit organization and dropped the acronym, but SCORE volunteers are still carrying out the original mission of passing their knowledge on to future generations of American entrepreneurs and innovators. Over the five decades, the volunteers have given back because they’ve accumulated a lifetime’s worth of expertise and have chosen to share what they’ve learned with the people of their communities. Their dedication has helped an estimated 10.5 million entrepreneurs get their businesses off the ground.

See how the mentors at SCORE can help you and your small business at

The Veteran and Military Business Owners Association (VAMBOA) is a non-profit business trade association that promotes and assists Veteran Business Owners, Service Disabled Veteran Owned Businesses (SDVOB) and Military Business Owners. Small businesses are the backbone of our economy and responsible for job generation. That is why VAMBOA provides its members with Business Coaching, Contracting Opportunities, a Blog that provides information, Networking contacts and other resources. Membership is FREE to Veterans. Join Now!

VAMBOA: 50 Years of SCORE: By Debbie Gregory