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Florida Association of Veteran-Owned Businesses

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  • 03/14/2024 6:24 PM | Stuart Smith (Administrator)

    Julo Global is happy to announce an exciting opportunity that makes starting a business or growing your current business as easy as... pie! (Happy Pi Day! )

    Introducing newly added VIRTUAL JULO CEO Mindset Cohorts - starting as early as next week! The virtual cohorts provide the same experience as our in-person cohorts, including actionable strategies, helpful tools, and A-ha Moments (or "JULO Moments" as we like to say) to help you build your business, find clients, increase revenue, and prepare for success. They also offer the same unique and transformative round-table discussions with other CEOs and entrepreneurs as our in-person cohorts. The biggest difference is that this cohort is offered at a fraction of the price AND you can join us straight from your favorite chair in the house! (Preferably at a desk or table.  )

    Virtual cohorts are offered at $1250 (a 50% discount from regular price), and financing is available on our website here. If you want to start a business or grow your current business, this class is for you - no matter where you live!

    Even better - VETERAN SCHOLARSHIPS ARE AVAILABLE! Limited scholarships are generously provided by Veterans Florida to help eligible Florida veterans transition out of the service and into entrepreneurship. Requirements include:

    1. Have veteran status (or will be a veteran within 12 months)

    2. Reside in the state of Florida

    3. Have a business or plan to start a business

    *These veteran scholarships are limited, apply now to reserve your scholarship.

    Upcoming Virtual Cohorts and How to Apply:

    There are two upcoming virtual cohorts to choose from -

    1. Thursday evenings, starting next week, March 21st for 8 weeks

    The deadline to apply is March 18th.

    2. Wednesday evenings, starting April 24th for 8 weeks

    The deadline to apply is April 21st.

      APPLY HERE: https://bit.ly/juloceomindsetphase1  

    This application will take about 15 minutes to complete. You are able to save your application and complete it later. Veterans must include a copy of their DD214. After you submit your application, you will receive an email with instructions on how to sign up for a Discovery Call so we can go over your application and the program details! It's a great time to ask questions about the cohort.


  • 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. 


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FAVOB

Creating opportunities for Veteran Business Owners to THRIVE.

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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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