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Small Business & SBA Source: Small Business Trends By Sarah Lewis November 15, 2026 (2h ago)

SBA Launches National Veterans Small Business Week to Support Veteran Entrepreneurs

SBA Launches National Veterans Small Business Week to Support Veteran Entrepreneurs
Detailed Story Briefing

Veterans’ entrepreneurial spirit continues to shape the American business landscape, and this week the U.S. Small Business Administration (SBA) is shining a spotlight on that influence during the 13th annual National Veterans Small Business Week (NVSBW), taking place from November 9 to 13, 2026. This year’s theme, “Honoring Veteran-Owned, American Made,” celebrates the discipline and ingenuity of veteran entrepreneurs who are not just leading businesses but also playing a pivotal role in revitalizing American in…

With more than 1.8 million veteran-owned small businesses across the country, employing approximately four million workers and generating an impressive $1.3 trillion in annual sales, the contribution of these entrepreneurs is monumental. The SBA reveals that veteran-owned businesses account for 7% of the nation’s small manufacturers, underscoring their critical role in the manufacturing landscape.

SBA Administrator Kelly Loeffler expressed pride in supporting these veterans, stating, “It is an honor to celebrate National Veterans Small Business Week – SBA’s tribute to the 1.8 million veteran small business owners who continue to serve America through entrepreneurship.” She emphasized the comprehensive resources available to veterans, which include SBA-backed lending opportunities, federal contracting certifications, and training programs designed to help them thrive.

This week, the SBA is rolling out several initiatives aimed at further empowering military-connected entrepreneurs. One of the most significant announcements is the doubling of agency contracting goals for veteran-owned small businesses and service-disabled veteran-owned small businesses (SDVOSBs) from 5% to 10% in fiscal year 2027. This change encourages federal investment in veteran suppliers, significantly expanding their business opportunities in the public sector.

Additionally, the SBA is launching a national pilot program in collaboration with VetsinTech, aimed at facilitating veteran involvement in the burgeoning drone supply chain. This industry is projected to be worth $10 billion, and the initiative will provide veterans with training and capital access support, as well as pathways for procurement in this high-potential market.

In a move designed to ease financial barriers for veteran business acquisitions, the SBA will waive equity rules under the established 7(a) Loan Program. This new measure allows veterans to meet the 10% equity requirement using any capital source, which helps prevent them from depleting personal savings when acquiring businesses.

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