Opportunity Information: Apply for SB OVWV 24 001
The WOMEN VETERAN ENTREPRENEURSHIP TRAINING PROGRAM (WVETP) 2024 is a discretionary grant opportunity offered by the U.S. Small Business Administration (SBA) under Funding Opportunity Number SB OVWV 24 001 (CFDA 59.044). It is designed to strengthen the nationwide pipeline of women veterans, women service members, and women military spouses who want to start or grow a small business by expanding the reach and delivery capacity of entrepreneurship training providers. Rather than asking applicants to invent a brand-new curriculum from scratch, the program is aimed at organizations that already have entrepreneurship training in place and can use federal support to market it more effectively and deliver it to more participants within the intended military-connected audiences.
The core purpose of the funding is capacity-building around outreach and training delivery. In practical terms, this means the SBA is looking for proposals that show how an organization will broaden awareness of its existing training among eligible women, increase enrollment and participation, and improve the organization’s ability to provide training services at a higher volume or with stronger infrastructure. The target participants include women who are currently serving in the military, women who previously served and are now veterans, and women military spouses. The trainees may be aspiring entrepreneurs who are still exploring business ownership or current small business owners seeking to stabilize, professionalize, or scale their operations. The overall emphasis is on entrepreneurship training as a tool for economic mobility, community development, and workforce and small business growth among military-connected women.
Eligible applicants cover a wide range of entity types, reflecting the SBA’s intent to reach communities through multiple channels. Applicants may include state governments and county governments, federally recognized Native American tribal governments, public and state-controlled institutions of higher education, private institutions of higher education, and nonprofit organizations with IRS-recognized 501(c)(3) status (excluding higher education institutions when applying in the nonprofit category). Uniquely, the eligibility list also includes for-profit organizations, with the important limitation that the eligible for-profit category is “other than small businesses.” This suggests the program is not intended to directly fund small businesses themselves, but rather organizations capable of delivering training and support services at scale.
The funding instrument is a grant, and the activity focus spans business and commerce, community development, education, employment, and labor and training, which matches the program’s emphasis on teaching practical business skills and expanding the support ecosystem for women veteran entrepreneurship. The award ceiling is $300,000 per award, and the SBA anticipated making about six awards under this announcement. Applicants should pay close attention to the program requirement that each eligible organization may submit no more than one proposal, and that the proposal must respond to the operational areas described in the program announcement. In other words, an organization needs to choose a single, well-scoped approach that aligns with the SBA’s outlined operational expectations rather than submitting multiple competing project ideas.
Timing details provided in the notice indicate the opportunity was created on February 20, 2024, with an original closing date of March 21, 2024. Any organization considering this opportunity would need to plan around that submission deadline (or confirm whether any amendments or extensions were issued), and should be prepared to clearly describe its existing entrepreneurship training program, explain how grant funds will increase marketing reach and delivery capacity for the intended population, and demonstrate readiness to implement the proposed work within the grant period and reporting requirements typical of federal awards.Apply for SB OVWV 24 001
- The Small Business Administration in the business and commerce, community development, education, employment, labor and training sector is offering a public funding opportunity titled "WOMEN VETERAN ENTREPRENEURSHIP TRAINING PROGRAM (WVETP) 2024" and is now available to receive applicants.
- Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 59.044.
- This funding opportunity was created on 2024-02-20.
- Applicants must submit their applications by 2024-03-21. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
- Each selected applicant is eligible to receive up to $300,000.00 in funding.
- The number of recipients for this funding is limited to 6 candidate(s).
- Eligible applicants include: State governments, County governments, Public and State controlled institutions of higher education, Native American tribal governments (Federally recognized), Nonprofits having a 501 (c) (3) status with the IRS, other than institutions of higher education, Private institutions of higher education, For-profit organizations other than small businesses.
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Women Veteran Entrepreneurship Training Program (WVETP) 2024 - FAQs
What is the Women Veteran Entrepreneurship Training Program (WVETP) 2024?
WVETP 2024 is a discretionary grant opportunity offered by the U.S. Small Business Administration (SBA) to expand the reach and delivery capacity of entrepreneurship training providers serving military-connected women.
What is the Funding Opportunity Number (FON) for this grant?
The Funding Opportunity Number is SB OVWV 24 001.
What is the CFDA number for this opportunity?
The CFDA number listed is 59.044.
What is the main purpose of WVETP 2024 funding?
The core purpose is capacity-building around outreach and training delivery. The SBA is looking for proposals that show how an organization will broaden awareness of its existing entrepreneurship training among eligible women, increase enrollment and participation, and improve the organization’s ability to deliver training at higher volume or with stronger infrastructure.
Is this grant meant to fund the creation of a brand-new entrepreneurship curriculum?
No. The program is aimed at organizations that already have entrepreneurship training in place and can use federal support to market it more effectively and deliver it to more participants within the intended audiences.
Who are the intended participants (trainees) served by projects funded under WVETP 2024?
The target participants include women currently serving in the military, women veterans, and women military spouses.
Do participants have to already own a small business to benefit from the training?
No. The trainees may include aspiring entrepreneurs who are still exploring business ownership as well as current small business owners seeking to stabilize, professionalize, or scale their operations.
What types of activities does the SBA expect proposals to focus on?
Proposals should focus on expanding awareness of an existing training program, increasing enrollment and participation among eligible military-connected women, and improving the applicant organization’s capacity to deliver training services (for example, scaling delivery volume or strengthening supporting infrastructure).
What subject areas or activity categories does this grant fall under?
The activity focus spans business and commerce, community development, education, employment, and labor and training.
What is the funding instrument for this opportunity?
The funding instrument is a grant.
What is the maximum award amount (award ceiling) per grant?
The award ceiling is $300,000 per award.
How many awards did the SBA anticipate making?
The SBA anticipated making about six awards under this announcement.
Who is eligible to apply for WVETP 2024?
Eligible applicants include state governments, county governments, federally recognized Native American tribal governments, public and state-controlled institutions of higher education, private institutions of higher education, and nonprofit organizations with IRS-recognized 501(c)(3) status (excluding higher education institutions when applying in the nonprofit category). The eligibility list also includes for-profit organizations, with the limitation that eligible for-profits are "other than small businesses."
Are small businesses eligible to apply as for-profit applicants?
No. The eligible for-profit category is explicitly listed as "other than small businesses," indicating small businesses are not intended to be the applicants funded to deliver the training.
Can a nonprofit college or university apply as a nonprofit under 501(c)(3)?
The eligibility description specifies nonprofit organizations with IRS-recognized 501(c)(3) status, excluding higher education institutions when applying in the nonprofit category. Higher education institutions are listed separately under public and state-controlled institutions of higher education and private institutions of higher education.
Is this program intended to fund training providers rather than directly fund individual entrepreneurs?
Yes. The opportunity is designed to expand the reach and delivery capacity of entrepreneurship training providers and support services at scale, rather than directly funding small businesses or individuals.
How many proposals may an eligible organization submit?
Each eligible organization may submit no more than one proposal.
Can an organization submit multiple project ideas as separate applications?
No. The requirement states each eligible organization may submit no more than one proposal, so the organization needs to choose a single, well-scoped approach.
Does the proposal need to align with specific operational areas?
Yes. The proposal must respond to the operational areas described in the program announcement, meaning the project scope should align with the SBA’s outlined operational expectations.
When was this funding opportunity created?
The opportunity was created on February 20, 2024.
What was the original application closing date?
The original closing date listed is March 21, 2024.
Should applicants verify whether the deadline was extended or amended?
Yes. The notice suggests applicants should confirm whether any amendments or extensions were issued beyond the original closing date.
What should an applicant be prepared to describe in a strong application?
Applicants should be prepared to clearly describe their existing entrepreneurship training program, explain how grant funds will increase marketing reach and delivery capacity for women veterans, women service members, and women military spouses, and demonstrate readiness to implement the work within the grant period and typical federal reporting requirements.
What outcomes is the SBA trying to drive through this program?
The overall emphasis is on entrepreneurship training as a tool for economic mobility, community development, and workforce and small business growth among military-connected women.
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