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Frequently Asked Questions
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How do I qualify for the VBOC? |
All veterans qualify for the VBOC. The mission of the VBOC is to
inform veterans of small business services in their area. However,
those veterans with a service connected disability can qualify for
free or reduced fees on such items as workshops offered by VBOC
resource partners.
This is the website of VBOC Region IV, which serves the following
states:
- Alabama
- Florida
- Georgia
- Kentucky
- Mississippi
- North Carolina
- South Carolina
- Tennessee
If you are in another state, please consult the list of
VBOC locations to determine which regional office to contact. |
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What is the VBOC and what does the VBOC do? |
The VBOC is a grant funded program started to assist veterans by
informing them of business assistance in their area. The VBOC is not
part of the Veterans Administration (VA) nor the SBA.
The VBOC, through its partnerships, provides counseling and
training to veterans that wish to start a new business or require
assistance with an existing business.
The VBOC coordinates with SBA district offices and resource
partners such as Small Business Development Centers and SCORE
chapters across SBA's Region IV. Veterans will be referred to one of
these partners. |
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What is the Request for Counseling? |
The Electronic Request for
Counseling Form, (ERFC), is an electronic form consisting of
general information about a veteran and specific information
pertaining to the types of assistance a veteran seeks.
The ERFC is private, secure, and will only be used for the
purpose of obtaining assistance for the veteran. |
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Why must I submit a Request for Counseling form before I can
receive help? |
First, the VBOC is legally required to get your written consent
to receive counseling, training, and advice. This means that we
cannot provide you with any assistance until you have submitted the
ERFC. This means if you contact us and have not submitted the form,
we can only give you general information, nothing specific to your
situation.
Second, by having a veteran fill out a request form before
receiving assistance, this allows the VBOC to better target
assistance for the veteran. |
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Are there grants available to open a business? |
Currently, the VBOC is unaware of specific grants for veterans,
or anyone for that matter, to open a business.
Typically, grants go to larger research institutions. However,
the VBOC advises that those veterans interested in grants search the
Internet and other financial publications for information.
If the VBOC becomes aware of grants available, this information
will certainly be posted. |
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Does the VBOC lend money to open a small business? |
No.
The VBOC is a clearinghouse for small business information
pertaining to veterans.
The VBOC is not a lending institution and therefore, does not
lend money to small businesses. A veteran will have to obtain
financing through a bank or SBA. |
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What is the SBA? |
The United States Small Business Administration, established in
1953, provides technical, financial, and management assistance to
help Americans start, run, and expand their businesses. With a
portfolio of business loans, loan guarantees, and disaster loans,
the SBA is the nation's largest single financial backer of small
businesses.
You can find out more by going to SBA.gov. The VBOC is not part of the SBA. |
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