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Florida Association of Veteran-Owned Businesses

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  • 02/07/2024 3:22 PM | Stuart Smith (Administrator)

    The U.S. Small Business Administration (SBA) is hosting its 2024 Growth Accelerator Fund Competition (GAFC), which offers a total of $50,000 to $200,000 in prize awards to organizations seeking to foster a national innovation support ecosystem to advance small business research and development (R&D) from ideas to commercial market.

    Who: SBA welcomes Stage One submissions from a broad range of organizations from the United States and territories, including D.C. and Puerto Rico with a collaborative vision to nurture a national ecosystem for equitable access to entrepreneurship.

    What: Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s 33 million small businesses, announced the 2024 Growth Accelerator Fund Competition (GAFC) offering a total of $50,000 to $200,000 in prize awards to organizations seeking to foster a national innovation support ecosystem to advance small business research and development (R&D) from ideas to the commercial market.

    Prizes awarded in Two Stages

    • Stage One: $50,000 in cash prizes awarded to organizations for ecosystem-building activities, including recruitment of new partners, and strengthening existing alliances among stakeholders (including public, private, non-profit, and academic partners). Contestants work collaboratively with chosen partners to bring additional resources, deepen network connections, and develop strategies to support STEM/R&D-focused entrepreneurs and small businesses. SBA welcomes Stage One submissions from a broad range of organizations with a collaborative vision to nurture a national ecosystem for equitable access to entrepreneurship.
    • Stage Two of the Competition offers an additional $50,000 to $150,000 in cash prizes to eligible Stage One winners to provide direct assistance to entrepreneurs, small businesses, and startups that are looking to commercialize their innovation, from R&D to the commercial market. A Federal agency partner may also elect to provide a Bonus Prize to one or more Stage One contestants focused on a priority area of the agency partner’s choice. Bonus Prize winners are awarded from the pool of Stage One contestants.

    Note: The Competition is not intended to provide capital directly to companies for R&D projects.

    Where & When: The Stage One application portal opens on January 8, 2024 for a six-week window, closing on February 16, 2024. SBA expects to award up to $3,000,000 in cash prizes for Stage One and intends to announce winners for Stage One by April 2024. Stage Two submission period is May 1 – June 28. SBA intends to announce winners for Stage Two by September 2024.

    To access the Growth Accelerator Fund Competition Guidelines and Application Portal, please visit https://www.americasseedfund.us/accelerators

  • 01/26/2024 9:39 AM | Stuart Smith (Administrator)

    FAVOB does business with VAUSA! Chris Borrelli is our virtual Executive Assistant in Largo, FL.  

    VAUSA is a FAVOB member in Georgia! 

    VAUSA® is currently hiring for multiple remote positions, and we believe that your connections may include individuals who possess the unique skills and dedication that we value!

    If you're thinking, "How can I help?" then don't worry. It's easy and will only take you a few seconds to make an incredible difference in the lives of military families around the country. Simply share the image above or forward this email to share the opportunity with your network! 

    Your ongoing support of our mission to create job opportunities and foster a sense of community for military families is invaluable to us. We deeply appreciate the positive impact we've been able to make together so far and look forward to the possibility of welcoming new members to the VAUSA® family soon.

    Connect here.



  • 01/23/2024 4:56 AM | Stuart Smith (Administrator)

    Our national GOVCON partner NVSBC has worked tirelessly to to make this happen.  

    Congress increases the Government-wide goal for awards to Service-Disabled Veteran-Owned Small Businesses from 3% to 5% in a victory for NVSBC, Veterans and American small business.

    For years, the National Veterans Small Business Coalition (NVSBC) has advocated that Congress increase the Government-wide goal for awards to Service-Disabled Veteran-Owned Small Businesses (SDVOSB) from three percent to five percent. NVSBC is excited to announce this change in the signed version of the National Defense Authorization Act (NDAA) for Fiscal Year 2024.

    “This milestone victory comes at a time when Veterans in government contracting are providing tremendous value to our nation and to the government, serving again, this time as business owners,” says Scott Jensen, NVSBC’s Executive Director. “We Veterans look forward to continuing to deliver value to federal agencies and the American people.”

    Throughout 2022 and 2023, NVSBC leadership collaborated with Members of Congress and Professional Staff on the Senate and House Small Business and Armed Services Committees, urging them to increase the SDVOSB set aside goal and to act more decisively to eliminate self-certification by SDVOSB subcontractors.

    Together with the five percent increase, the Fiscal Year 2024 NDAA prohibits the government from counting awards to self-certified SDVOSBs toward its prime and subcontracting goals, closing a major loophole in certification requirements.

    “Our coalition represents the 40,000 Veteran owned firms across America seeking to do work with the federal government,” explains NVSBC’s Scott Jensen. “About 12,000 of these Veteran business owners currently have contracts to provide products or services to federal agencies. Federal agencies contract with SDVOSB firms to support every category of products and services including construction, information technology, home health services, supply chain logistics, and janitorial services. SDVOSB firms support every agency in every state and all US 14 territories.”

    The five percent goal becomes effective with the President signing the NDAA into law. In addition, the prohibition on the government counting awards made to self-certified SDVOSBs at the subcontract level is expected to be effective October 1, 2024. Of note, government awards of prime contracts to self-certified SDVOSBs were prohibited in the 2021 NDAA which became effective January 1, 2024.

    Adds Jensen, “It’s been a long road, but SDVOSBs – Service-Disabled Veteran Owned Small Businesses – can look forward to our long-desired five percent set-aside. It’s smart policy to use Veteran entrepreneurs, known to deliver the best-in-class performance.

    Said NVSBC’s Board President, Ed Tuorinsky in a statement: “This is a huge win for us, a win for Veterans, their families and an economic boon for communities across America.”

    Learn more about the NVSBC by clicking here.


  • 01/12/2024 11:48 AM | Stuart Smith (Administrator)

    Did you know that state governments are the largest consumers of goods and services in the country? Join us on Marching Forward Monday to learn how to access this marketplace.

    On January 15th, 2024, at 2pm ET, Courtney Iversen, Deputy Chief Cooperative Procurement Officer: Supplier Development at NASPO (National Association of State Procurement Officials), will be presenting a webinar titled "Opportunity: NASPO Exchange 2024". This webinar will provide valuable insights into the upcoming NASPO Exchange, a premier event where you can meet procurement department buyers from over 40 state governments, all in one place.

    Here are the details of the webinar:
    Date: January 15th, 2024
    Time: 2:00 PM Eastern Time (US and Canada) Presenter: Courtney Iversen, Deputy Chief Cooperative Procurement Officer: Supplier Development, NASPO
    Topic: "Opportunity: NASPO Exchange 2024"

    Registration Link: www.navoba.org/NASPO


  • 12/15/2023 9:10 AM | Stuart Smith (Administrator)

    SOURCE - 

    Thomson Reuters 

    Thank you FAVOB member Bob Dixon, Arete-Strategies

    The Corporate Transparency Act (CTA), enacted in 2021, was passed to enhance transparency in entity structures and ownership to combat money laundering, tax fraud, and other illicit activities. It is designed to capture more information about the ownership of specific entities operating in or accessing the U.S. market.

    The law was largely ignored by accounting professionals at first. However, the effective date of the Corporate Transparency Act is fast approaching on January 1, 2024, and people are starting to panic.

    Companies are looking for more information on the Corporate Transparency Act, how it affects their operations, and what the details of the reporting requirements are. This presents a unique opportunity for accounting firms and tax accounting professionals to enhance their revenue streams by diversifying their service offerings.

    Who does the Corporate Transparency Act affect?

    According to a recent Small Business Administration report, 27,104,006 small businesses were termed “nonemployer firms” and had no employees. The Corporate Transparency Act is designed to improve business activity transparency through the reporting of Beneficial Ownership Information (BOI) and is particularly targeted to these smaller businesses.

    Who needs to file?

    Reporting companies are identified as either domestic or foreign:

    Domestic reporting companies are corporations, LLPs, or any other entity created by the filing of a document with a secretary of state or any similar office under the law of a state or Indian tribe.

    Foreign reporting companies are a corporation, LLCs, or other entity formed under the law of a foreign country that is registered to do business in any state or tribal jurisdiction by the filing of a document with a secretary of state or any similar office. Sole-proprietorships that don’t use a single-member LLC are not considered a reporting company.

    Reporting companies typically include:

    • Limited liability partnerships
    • Limited liability limited partnerships
    • Business trusts

    Most limited partnerships, where entities are generally created by a filing with a secretary of state or similar office.

    Exemptions include securities issuers, domestic governmental authorities, banks, and many more that don’t fall into the above categories.

    Beneficial owners

    A beneficial owner can fall into one of two categories defined as any individual who, directly or indirectly, either:

    Exercises substantial control over a reporting company, or

    Owns or controls at least 25% of the ownership interests of a reporting company.

    Having two categories is designed to close any loopholes and ensure all owners are identified. The key difference is that beneficial ownership is categorized as those with ownership interests reflected through capital and profit interests in the company.

    The beneficial owners must report to FinCEN their name, date of birth, address, and unique identifier number from a recognized issuing jurisdiction and a photo of that document. If an individual decides to file their information to FinCEN directly, they may be issued a “FinCEN identifier” which can be provided on a BOI report instead of the required information.

    Company applicants

    Company applicants can only be:

    The individual who directly files the document that creates the entity, or the document that first registers the entity to do business in the United States.

    The individual is primarily responsible for directing or controlling the filing of the relevant document by another.

    This responsibility may fall under the scope of advisory services for an accounting professional. However, the report does not require information on the company applicant. This is an important consideration when defining the scope of engagement for advisory services with a client.


  • 11/30/2023 7:50 PM | Stuart Smith (Administrator)

    AVET project is hosting a 9-hole golf event to support services provided to Military and veteran families.

    Will you join me?  

    Image preview

  • 10/30/2023 8:01 AM | Stuart Smith (Administrator)

    Live Local - Give Local

    Catania's Holiday Party and 3rd Annual Charity Auction 

    December 7th, 5-8PM.  2412 Irwin Street Melbourne, FL

    Auction proceeds to benefit South Brevard Sharing Center

    Featuring Local Bites and Brews from Hell 'N Blazes 

    Music by Local Artist, Anja Conklin. 

    https://cataniaenterprises.com/event/live-local-give-local-2023/

  • 10/30/2023 7:45 AM | Stuart Smith (Administrator)

    Come Join Us as we honor our military on Veterans Day and enjoy Brevard County’s “Hidden Jewel” The Brevard Veterans Memorial Center

    400 S.Sykes Creek Pkwy, Merritt Island, behind the Merritt Square Mall

    • Many Veteran Resources Available
    • Tour the Awesome 3 Floor Military Museum

    All Organizations Invited to participate

    VENDORS WELCOME : If you wish to share your information with your neighbors and community, you are welcome to set up a table at the event, or want to volunteer to help out? Please contact Dorothy Walsh, Event Coordinator at dwalshusa@gmail.com or call/text (321) 426-6736

    Come See the Beautiful “Gypsy Vanner” Dancing Horses from Tranquility Country Farms in Mims

    Come Early, Come Hungry, and Come help us celebrate the protectors of our American Freedom. 


  • 10/24/2023 12:45 PM | Stuart Smith (Administrator)

    Events Nationwide Will Highlight Agency’s Efforts to Support Nearly 2 Million Veteran and Military Spouse-Owned Small Businesses

    WASHINGTON – Today, Administrator Isabel Guzman, the head of the U.S. Small Business Administration (SBA) and voice in President Biden’s Cabinet for America’s more than 33 million small businesses, announced the SBA will celebrate the 10th annual National Veterans Small Business Week (NVSBW) from Oct. 30 to Nov. 3.

    Throughout the week, the SBA, its resource partners, and local organizations across the country will host a series of virtual and in-person events to highlight the entrepreneurial journeys of veteran- and military spouse-owned small business owners and the agency’s support of this important community. Topics include transition assistance, entrepreneurial training, government contracting, disaster assistance, and access to capital. Currently, there are around 100 virtual events that are free and open to the public. View the full schedule and register at  sba.gov/nvsbw.

    “For the last 10 years, the SBA has celebrated National Veterans Small Business Week to honor and highlight America’s nearly two million veteran entrepreneurs who have served our nation heroically in the military and now as leaders of their local communities,” said Administrator Guzman. “The Biden-Harris Administration is committed to supporting veterans in every facet of their lives once they return home, and the SBA stands ready to help thousands of transitioning service members, veterans and military spouses get access to opportunity and the American dream through the path of business ownership.”

    In addition to its support for veteran-owned small businesses, the Biden-Harris Administration recently announced an executive order to support military spouses, under which the SBA will provide resources, capital and other specialized support to help get their businesses off the ground. The SBA has made a number of key changes in the past year to expand access to capital for veteran- and military spouse-owned small businesses, including:

    • Implementing the SBA Veteran Business Certification program, which connects service-disabled veteran-owned small businesses with federal contracting opportunities through a more streamlined and user-friendly process.
    • Expanding the Veteran Business Outreach Center (VBOC) program from 22 to 28 VBOCs across the country to provide more resources and support to active service members, veterans and military spouses.
    • Overhauling its loan program to expand access to capital for veteran-owned small businesses.
    • Launching its new Military Spouse Pathway to Business training program to help military spouses looking to start their entrepreneurial journey. 

    Each year, veteran-owned businesses make significant contributions to the U.S. economy, employing over 5 million Americans and generating $1.3 trillion in total sales.

    For more information about National Veterans Small Business Week, and to find events in your area, visit sba.gov/nvsbw. Sign up for an event and join the online conversation using the hashtag #NVSBW23. 


  • 10/23/2023 1:16 PM | Kevin Ross

    Register at https://runsignup.com/Race/FL/Casselberry/TheTrustcoBankVeteranActiveDutyRunForFreedom5K 

    Place

    95 Triplet Lake Drive
    Casselberry, FL US 32707

    Description

    THE TRUSTCO BANK VETERAN & ACTIVE DUTY RUN FOR FREEDOM 5K
    Come together with your friends and family to honor our active and retired Military Veterans on Veteran's Day weekend with a 5k Run or Walk.  This event is set to take place on Sunday, November 12, 2023 at Lake Concord Park in Casselberry, FL!  Participants can enjoy this celebration of Veterans Day as we come together to support our military with a beautiful run in the Casselberry community. The fun continues after the 5k race with a kids run, face painters, a bounce house, music, and recruiters from the ARMY and NAVY!

    The 2nd Annual Trustco Bank Veteran & Active Duty Run for Freedom 5k will celebrate our commitment to supporting our military!  Proceeds from the run will benefit the below charities for 2023:

    1.  JOSH – Just Our Soldiers’ Helpers. For more information on JOSH please visit their website at www.gojosh.org.
    2.  Camaraderie Foundation - For more information on the Camaraderie Foundation, please visit their website at www.camaraderiefoundation.org .
    3.  Florida Association of Veteran Owned Business - For more information on FAVOB, please visit their website at www.favob.net .



    EVENT VENUE:
    Lake Concord Park 
    95 Triplet Lake Drive
    Casselberry, FL 32707


    EVENT PARKING:
    Event parking will be located across the street from the venue inside the Petsmart parking lot (4510 S US Hwy 17 92, Casselberry, FL 32707).  Please look for Event Parking signs directing you into this parking lot.


    EVENT TIMELINE:
    6:30am – Race-day Registration and Packet Pickup opens
    8:00am – 5K Run/Walk begins
    9:00am -  Race Awards
    9:15am – Kids’ Dashes begin


    5K RACE AMENTIES INCLUDE:

    - A Tech t-shirt for all 5K Run/Walk participants
    - Awards for the top 3 overall finishers [male & female]
    - Finisher Medal for all 5K participants
    - Finisher Swag
    - Water and post-race snacks
    - Mission BBQ will be serving all participants a FREE breakfast sandwich!
    - Bounce houses for the Kids
    -  Face painters for the Kids
    - Sponsor/Vendor booths


    5K RUN / WALK REGISTRATION FEES - 13 & OLDER:
    - $30.00 through November 1, 2023 
    - $35.00 from 11/2/23 - 11/11/23
    - $45.00 Day of the race (if not sold out)*



    5K RUN / WALK REGISTRATION FEES - 12 & UNDER
    :
    - $15.00 through November 1, 2023 
    - $20.00 from 11/2/23 - 11/11/23
    - $25.00 Day of the race (if not sold out)*


    MILITARY DISCOUNT - 5K RUN / WALK REGISTRATION FEES - VETERAN & ACTIVE DUTY:

    - $15.00 through November 1, 2023
    - $20.00 from 11/2/23 - 11/11/23
    - $25.00 Day of the race (if not sold out)*
    **Must show Military ID at time of packet pickup

     

    FAN SUPPORTER AMENTIES INCLUDE:
    - A Tech t-shirt for all 5K Run/Walk participants
    - Mission BBQ will be serving all participants a FREE breakfast sandwich!
    - Bounce houses for the Kids
    -  Face painters for the Kids
    - Sponsor/Vendor booths

    FAN SUPPOTER - SPECTATORS can join in some of the fun!
    -$10.00 through November 12, 2023 @ 9:30am

    *RACE DAY REGISTRATION PAYMENT WILL BE ACCEPTED VIA CREDIT CARD PAYMENTS THROUGH RUNSIGNUP ONLY!

     

                                                                 **** ALL ENTRY FEES ARE NON-REFUNDABLE AND RACE REGISTRATIONS ARE NON-TRANSFERABLE ****

                                                                                               ****************** THIS IS A RAIN OR SHINE EVENT******************

                                                                                           ********NO REFUNDS WILL BE GIVEN DUE TO INCLEMENT WEATHER********


    RACE T-SHIRTS:
    All participants who register for the 5K event will receive a unisex Tech T-shirt. Sizes are guaranteed through October 21, 2023.


    FINISHER MEDALS:
    All PAID 5K participants will receive a custom Trustco Bank Run for Freedom 5K themed finisher medal. Children participating in the FREE kid’s dashes will receive a finisher ribbon.


    5K AWARDS:
    Race awards will go to the top 3 overall male and female finishers in the 5K Run/Walk.  


    FREE KIDS DASHES:
    We will host a FREE Kids’ dashes following the 5K & the Awards Ceremony. All children must be registered on race day at the registration table. All children participating must be accompanied by an adult and will receive a Finisher medal.  Distances will vary by age group and ability, ranging from 50 yards up to 200 yards.


    WEATHER:
    Races will be held rain or shine, however, if there is severe weather in the area the race start may be delayed or cancelled. As a reminder, registration fees are non-refundable and non-transferable.

     

    SAFETY RULES:
    In order to ensure safety of all runners, roller skates and in-line skates are prohibited from the race course. It is VERY important for you to stay alert throughout the race, stay inside cones and obey all race signage. Jogging strollers are permitted but must start in the back.



    STROLLERS:
    Strollers are allowed. Nurturing future generations of runners/walkers is a priority as is demonstrating healthy lifestyles to our children. We do ask those registrants participating with a stroller to line up after the runners & walkers at the start line. Please listen for directions on where to line up on the day of the race. Only paid registrants of the 5K Run/Walk will receive a finisher medal. If you would like your child to receive a medal, please register for them to participate in the Run/Walk.


    PACKET PICKUP INFORMATION:
    Early Packet Pickup will take place at TRUSTCO BANK located at 9400 S. US Hwy 17/92, Maitland, FL 32751 from 3pm - 6pm on Friday, November 10th, 2023.

    If you are not able to get your packet early, you can opt to pick up your packet at Lake Concord Park in Casselberry on Race Day beginning at 6:15 am. However, please do allow additional time to pick up your packet on race day due to parking and potentially long lines.



    Sponsors

    Our Beneficiaries of The Trustco Bank Veteran & Active Duty Run For Freedom 5K

    The 2nd Annual Trustco Bank Veteran & Active Duty Run for Freedom 5k will celebrate our commitment to supporting our military!  Proceeds from the run will benefit the below charities for 2023:

    1.  JOSH – Just Our Soldiers’ Helpers. For more information on JOSH please visit their website at www.gojosh.org.
    2.  Camaraderie Foundation - For more information on the Camaraderie Foundation, please visit their website at www.camaraderiefoundation.org .
    3.  Florida Association of Veteran Owned Business - For more information on FAVOB, please visit their website at www.favob.net .

     

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FAVOB

Creating opportunities for Veteran Business Owners to THRIVE.

CONTACTS

Email: ceo@favob.org
Physical Address: 835 Bennett Rd. 
Orlando, FL 32803

Mailing Address: PO Box 540447 
Orlando, FL 32854-0447

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