Dell Technologies
BMS-center-logo
 

EBV10 part2

By Tina M Kapral | Senior Director of  Education and Training
Institute for Veterans and Military Families (IVMF) at Syracuse University

In July of 2007,  Dr. J. Michael Haynie held the first Entrepreneurship Bootcamp for Veterans with Disabilities (EBV) class of seventeen students. These individuals were from across the U.S., from different service branches and ages, but all had the dream of owning their own businesses. The business ideas ranged from construction firms to non-profit organizations helping other veterans. The EBV residency phase was and still is intense — long days of classes, taught from a very practical standpoint, and late nights working on venture pitches to present at the end of the week. This was a purposeful approach.  Servicemembers know what to expect in “bootcamp” and that is exactly what they received, classes delivered on opportunity recognition, marketing, operations, supply chain, government contracts, legal and human resource management to name a few.  It was a great success; all seventeen students graduated at the end of week with pride and a new “mission” in life.

As it is often said, good news travels fast. As other schools heard of EBV and its success, many more schools wanted to have their own EBV programs.  This led Dr. Haynie to create the EBV consortium. First to join, Florida State University, then UCLA, Purdue, UCONN, Texas A&M, to today, where the EBV’s 10-university consortium also includes Cornell, LSU, Saint Joseph’s University, and University of Missouri, with the Whitman School of Management at Syracuse University continuing to serve as the national hub. EBV has since helped Dr. Haynie launch other veteran and military family entrepreneurship training programs to include EBV-F, VWISE, Boots to Business, and Boots to Business Reboot

.

Dr. Haynie never envisioned EBV to grow to ten schools, nor did he anticipate the launch of the IVMF in 2011. Yet, through these programs and services dedicated to advancing the post-service lives of America’s servicemembers, veterans and their families, the Institute and current Syracuse University Chancellor Kent Syverud are bringing Syracuse University’s commitment to veterans and their families full circle.

In 1940, “The University promised programs that would address individual needs of veterans, whether they wished to complete job training, their high school diploma, or an advanced degree.”  Post-World War II, Chancellor William Pearson Tolley recognized the role that higher education can play in advancing our nation’s returning veterans. He announced Syracuse University’s “uniform admissions program,” which ensured all military personnel admission to Syracuse upon return from war.” http://vets.syr.edu/about/role-impact.

History repeats itself, but this time in a positive, impactful way for our aspiring vetrepreneurs.

EVB-Dr. Mike Haynie

By Tina M Kapral | Senior Director of  Education and Training
Institute for Veterans and Military Families (IVMF) at Syracuse University

The Entrepreneurship Bootcamp for Veterans with Disabilities (EBV), is a program executed by the Institute for Veterans and Military Families (IVMF) at Syracuse University in cooperative agreement with the US Small Business Administration (SBA).  This year, EBV proudly celebrates its 10-Year Anniversary, and is delivered at ten universities nationwide.  It’s more than 1,300 graduates have revenues totaling over $196 million and hire on average four employees (many of whom are fellow veterans). Of these graduates, 68% of the businesses started are still in operation today.

Although EBV didn’t start that way, it began as a social venture of Dr. J. Michael Haynie, an Air Force veteran of 14 years (1992-2006), who in 2006 joined the Martin J. Whitman School of Management at Syracuse University as a professor of entrepreneurship.  Dr. Haynie knew through his research that veterans were starting businesses at a much higher rate than civilians.  For example, after WWII, over 48% started business, and individuals with a disability were twice as likely to start a businesses (http://www.dol.gov/odep/pubs/misc/entrepre.htm) .  He realized the faculty of Whitman were teaching, training and inspiring entrepreneurs every day, so why not bring this opportunity of business ownership to the community that most deserved to live the American dream — veterans and their families.

Dr. Haynie developed the curriculum to include an online portion, followed by a nine-day residency on campus, with follow up resources and support. He wanted the EBV program to be offered at no cost to post 9/11 service connected disabled veterans with a passion for entrepreneurship. He presented his proposal to the Dean of the Whitman School. Dean Melvin T. Stith, a Vietnam veteran himself, immediately gave Dr. Haynie the approval to launch this program at Syracuse University.  Now came the difficult part — raising the funds needed to support the effort, as well as recruiting veterans to participate. Dr. Haynie found supporters among Whitman alumni, who financially supported EBV; the Whitman faculty, who volunteered to teach; and business students, who helped to execute the program.

The recruitment was more difficult; Dr. Haynie found himself traveling to wounded warrior units to present the program and encountered many challenging naysayers who felt that veterans should not become business owners.  Dr. Haynie would later find research proving the opposite.  He noted this in The Business Case for Hiring a Veteran, Beyond the Clique’, March 2015, stating many veterans possess the same characteristics as those who are high performing entrepreneurs. “Individuals who are drawn to military service, who then have military training and socialization have a common strong self-efficacy, a high need for achievement, are comfortable with autonomy and uncertainty, and make effective decisions in the face of dynamic environments. These attributes, as they are linked to entrepreneurship and an entrepreneurial mindset among military veterans, have been consistently demonstrated in practice.” (http://vets.syr.edu/wp-content/uploads/2012/08/The-Business-Case-for-Hiring-a-Veteran-3-6-124.pdf)

vamvam

The Department of Veterans Affairs (VA) has awarded $22.3 billion in contracts to 21 large businesses, small businesses and Service-Disabled Veteran Owned Small Businesses (SDVOSBs). The contracts will be in support of information technology infrastructure improvements, cyber security and operations and network management. This is a boon for veteran business owners.

The awards are part of VA’s Transformation Twenty-One Total Technology Next Generation acquisition program, also known as T4NG.

“This T4NG award is one of the many ways the Department is supporting the MyVA breakthrough initiatives by directly providing the technology that our Veterans need to support the services they receive from VA,” said Secretary Robert McDonald. “The T4NG will help meet and strengthen VA’s long-term technology needs.”

Of the 21 contract awarded, 10 were made to Service-Disabled Veteran Owned Small Businesses (SDVOSBs), two awards were made to small businesses, and nine awards were made to large businesses.

T4NG is the largest Indefinite Delivery/Indefinite Quantity contract awarded out of the VA. The T4NG program will replace the original T4 multiple-award contract that expires in June 2016.

The Service Disabled Veteran Owned Small Businesses awarded the contracts are:

AbleVets, LLC, B3 Group, Inc., Fairfax, VA,  Business Information Technology Solutions, Inc., Falls Church, VA, Favor TechConsulting, LLC, Richmond, VA, Halfaker & Associates, LLC, Arlington, VA, HMS Technologies, LLC, Martinsburg, WV, Intelligent Waves, LLC, Reston, VA, Liberty IT Solutions, LLC, Herndon, VA, Nester Consulting LLC, dba GovernmentCIO, Columbia, MD and TISTA Science and Technology Corp., Rockville, MD.

T4NG is a Multi-Agency (MAC) Indefinite Delivery/Indefinite Quantity (IDIQ) Multiple Award Task Order (MATO) contract with a base ordering period of 5 years and one 5-year option period, with a program ceiling of $22.3 billion.  The contract is being managed by VA’s Technology Acquisition Center in Eatontown, New Jersey.

We hope the government will continue to seek out and support Veteran Business Owners and Service Disabled Veteran Business Owners and award contracts to them.

Advancing Vet Owned Businesses

No comments
Share this Article:
Share Article on Facebook Share Article on Linked In Share Article on Twitter

VAMBOA Joins Forces with the National Veteran Business Development Council (NVBDC) to Advance Vet Owned Businesses

The Veteran and Military Business Owners Association (VAMBOA), a 501(c)6 non-profit trade association, is proud to join forces with the National Veteran Business Development Council (NVBDC), the leading third party certification organization for veteran owned businesses. Together, the two organizations are working towards advancing certification for service disabled and veteran owned businesses (SD/VOBs).

VAMBOA founder Debbie Gregory said, “Our nation owes a debt of gratitude to the brave men and women who have worn our country’s uniform. In the private sector, veterans are 45 percent more likely than those with no active-duty military experience to be self-employed. Moreover, with nearly one in ten small businesses being veteran-owned, it is up to all of us to support them and contribute to their successes.”

The NVBDC, a 501(c)3 non-profit, is also committed to growing veteran owned businesses, and to that end has created a nationally recognized certification program via an easy and intuitive web based interface to complete the certification process.

Keith King, NVBDC president said, “We set out to build the ‘Gold Standard’ certification program for our fellow SD/VOBs, and we have done that. With the support and endorsement of GM, AT&T, Kellogg’s, Ford, Magna International, 3M, CPI, Consumers Energy and many more corporations, we are proud to provide an opportunity for VAMBOA members and our certified SD/VOBs to work with America’s leading corporations.

About VAMBOA
VAMBOA’s mission is to ensure the development, growth and prosperity of veteran owned businesses of all sizes. VAMBOA’s “Vet Owned” seal symbolizes the talent, dedication, leadership and courage of these special Americans who currently serve or have served in our nation’s Armed Forces. Membership is in the 501(c) 6 trade association is free. If you would like to sign up for membership, please visit https://vamboa.org. VAMBOA relies on corporate sponsorship. If you are interested in becoming a sponsor, please call Debbie Gregory at (877) 850-9800.

About NVBDC
The NVBDC’s principal goals are to promote business opportunities for SD/VOBs within commercial and government markets; to support the interests of all Veteran Owned Businesses; to facilitate interaction between VOBs, government, and all other businesses in support of business initiatives for Veterans; and to provide a forum for the exchange of ideas and information between its members, government agencies and industry through networking, committees, meetings, conferences and visits to government and industry facilities. The NVBDC is the certification body for SD/VOB’s that ensures that credible documentation exists of a business’ veteran status, ownership and control.

Historically the Industry Supplier Diversity programs have relied on non-government organizations to provide them with independent third party certification. The Government controlled Center for Veteran Enterprise does not verify MEDIUM or LARGE companies, thereby denying them a formal veteran business recognition. The NVBDC certifies all sizes of veteran businesses. Industry can be positive that a SD/VOB certified by the NVBDC is in fact an owned, operated and controlled veteran business.

Veterans Business Outreach Center

No comments
Share this Article:
Share Article on Facebook Share Article on Linked In Share Article on Twitter

The Veterans Business Outreach Center (VBOC) Program is designed to provide entrepreneurial development services such as business training, counseling and mentoring, and referrals for eligible veterans owning or considering starting a small business. The SBA has 15 organizations participating in this cooperative agreement and serving as Veterans Business Outreach Centers (VBOC).

Services Provided by the Centers

Pre-Business Plan Workshops

VBOCs conduct entrepreneurial development workshops dealing specifically with the major issues of self-employment. An important segment of these workshops entails the usage of the Internet as a tool for developing and expanding businesses. Each client is afforded the opportunity to work directly with a business counselor.

Concept Assessments

VBOCs assist clients in assessing their entrepreneurial needs and requirements.

Business Plan Preparations

VBOCs assist clients in developing and maintaining a five-year business plan. The business plan includes such elements as the legal form if the business, equipment requirements and cost, organizational structure, a strategic plan, market analysis, and a financial plan. Financial plans include financial projections, budget projections, and funding requirements.

Comprehensive Feasibility Analysis

VBOCs provide assistance in identifying and analyzing the strengths and weaknesses of the business plan to increase the probability of success. The results of the analysis are utilized to revise the strategic planning portion of the business plan.

Entrepreneurial Training and Counseling

VBOCs, working with other SBA resource partners, target entrepreneurial training projects and counseling sessions tailored specifically to address the needs and concerns of the service-disabled veteran entrepreneur.

Mentorship

VBOCs conduct, as appropriate, on-site visits with clients to ensure adherence to their business plans. Additionally, VBOCs review monthly financial statements to determine whether a revision of the business plan is warranted or that desired results are being attained.

Other Business Developmental Related Services

VBOCs also provide assistance and training in such areas as international trade, franchising, Internet marketing, accounting, etc.

Center Locations and Areas of Coverage

Region I

Region II

Region III

Region IV

Region V

Region VI

Region VII

Region VIII

Region IX

Region X

ibmpos_blurgb