Maryland's Veteran-Owned Small Business Enterprise Program was enacted in 2010 to enhance opportunities for veteran-owned small businesses to participate in state-funded contractors. The procurement goal for this program wasincreased from 1% to 3% in 2024.
The Military Personnel and Veteran-Owned Small Business Loan Programprovides no-interest loans of up to $100,000 for businesses owned by military reservists, veterans, and National Guard personnel and for small businesses that employ or are owned by these individuals. The program is administered by Maryland Commerce in consultation with the Maryland Department of Veterans and Military Families.
NaVOBA's mission is to create corporate contracting opportunities for America's Veteran's and Service-Disabled Veteran's Business Enterprises® (VBEs/SDVBEs) through certification, advocacy, outreach, recognition and education.