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SBA Veterans Assistance Programs: An Analysis of Contemporary Issues. CRS Report R42695, Version 84. Updated

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Title: SBA Veterans Assistance Programs: An Analysis of Contemporary Issues. CRS Report R42695, Version 84. Updated
Language: English
Authors: Dilger, Robert Jay, Library of Congress, Congressional Research Service (CRS)
Source: Congressional Research Service. 2021.
Availability: Congressional Research Service. Web site: https://crsreports.congress.gov/
Peer Reviewed: N
Page Count: 34
Publication Date: 2021
Intended Audience: Policymakers
Document Type: Reports - Evaluative
Education Level: Adult Education
Descriptors: Small Businesses, Public Agencies, Veterans, Federal Aid, Veterans Education, Employment Patterns, Unemployment, Labor Force, Employment Experience, Employment Programs, Federal Programs, Transitional Programs, Financial Support, Laws
Abstract: Several federal agencies, including the Small Business Administration (SBA), provide training and other assistance to veterans seeking civilian employment. In recent years, the unemployment rate among veterans as a whole has generally been similar to or lower than the unemployment rate for nonveterans 18 years and older. However, veterans who have left the military since September 2001 have experienced higher unemployment than other veterans and, in some years, higher unemployment than nonveterans. As a result, Congress has focused much of its attention on finding ways to assist veterans who have left the military since September 2001. This report opens with an examination of the economic circumstances of veteran-owned businesses. It then provides a brief overview of veterans' employment experiences, comparing unemployment and labor force participation rates for veterans, veterans who have left the military since September 2001, and nonveterans. The report also describes employment assistance programs offered by several federal agencies to assist veterans in their transition from the military to the civilian labor force and examines, in greater detail, the SBA's veteran business development programs, the SBA's efforts to assist veterans' access to capital, and the SBA's service-disabled veteran-owned (SDVOSB) federal procurement program. It also discusses the SBA's Military Reservist Economic Injury Disaster Loan program and P.L. 114-38, the Veterans Entrepreneurship Act of 2015, which authorized and made permanent, under specified circumstances, the SBA's recent practice of waiving the SBA Express loan program's one time, up-front loan guarantee fee for veterans (and their spouses).
Abstractor: ERIC
Entry Date: 2022
Accession Number: ED617473
Database: ERIC
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  Data: SBA Veterans Assistance Programs: An Analysis of Contemporary Issues. CRS Report R42695, Version 84. Updated
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  Data: Congressional Research Service. Web site: https://crsreports.congress.gov/
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  Data: <searchLink fieldCode="DE" term="%22Small+Businesses%22">Small Businesses</searchLink><br /><searchLink fieldCode="DE" term="%22Public+Agencies%22">Public Agencies</searchLink><br /><searchLink fieldCode="DE" term="%22Veterans%22">Veterans</searchLink><br /><searchLink fieldCode="DE" term="%22Federal+Aid%22">Federal Aid</searchLink><br /><searchLink fieldCode="DE" term="%22Veterans+Education%22">Veterans Education</searchLink><br /><searchLink fieldCode="DE" term="%22Employment+Patterns%22">Employment Patterns</searchLink><br /><searchLink fieldCode="DE" term="%22Unemployment%22">Unemployment</searchLink><br /><searchLink fieldCode="DE" term="%22Labor+Force%22">Labor Force</searchLink><br /><searchLink fieldCode="DE" term="%22Employment+Experience%22">Employment Experience</searchLink><br /><searchLink fieldCode="DE" term="%22Employment+Programs%22">Employment Programs</searchLink><br /><searchLink fieldCode="DE" term="%22Federal+Programs%22">Federal Programs</searchLink><br /><searchLink fieldCode="DE" term="%22Transitional+Programs%22">Transitional Programs</searchLink><br /><searchLink fieldCode="DE" term="%22Financial+Support%22">Financial Support</searchLink><br /><searchLink fieldCode="DE" term="%22Laws%22">Laws</searchLink>
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  Data: Several federal agencies, including the Small Business Administration (SBA), provide training and other assistance to veterans seeking civilian employment. In recent years, the unemployment rate among veterans as a whole has generally been similar to or lower than the unemployment rate for nonveterans 18 years and older. However, veterans who have left the military since September 2001 have experienced higher unemployment than other veterans and, in some years, higher unemployment than nonveterans. As a result, Congress has focused much of its attention on finding ways to assist veterans who have left the military since September 2001. This report opens with an examination of the economic circumstances of veteran-owned businesses. It then provides a brief overview of veterans' employment experiences, comparing unemployment and labor force participation rates for veterans, veterans who have left the military since September 2001, and nonveterans. The report also describes employment assistance programs offered by several federal agencies to assist veterans in their transition from the military to the civilian labor force and examines, in greater detail, the SBA's veteran business development programs, the SBA's efforts to assist veterans' access to capital, and the SBA's service-disabled veteran-owned (SDVOSB) federal procurement program. It also discusses the SBA's Military Reservist Economic Injury Disaster Loan program and P.L. 114-38, the Veterans Entrepreneurship Act of 2015, which authorized and made permanent, under specified circumstances, the SBA's recent practice of waiving the SBA Express loan program's one time, up-front loan guarantee fee for veterans (and their spouses).
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      – Text: English
    PhysicalDescription:
      Pagination:
        PageCount: 34
    Subjects:
      – SubjectFull: Small Businesses
        Type: general
      – SubjectFull: Public Agencies
        Type: general
      – SubjectFull: Veterans
        Type: general
      – SubjectFull: Federal Aid
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      – SubjectFull: Veterans Education
        Type: general
      – SubjectFull: Employment Patterns
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      – SubjectFull: Unemployment
        Type: general
      – SubjectFull: Labor Force
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      – SubjectFull: Employment Experience
        Type: general
      – SubjectFull: Employment Programs
        Type: general
      – SubjectFull: Federal Programs
        Type: general
      – SubjectFull: Transitional Programs
        Type: general
      – SubjectFull: Financial Support
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      – SubjectFull: Laws
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      – TitleFull: SBA Veterans Assistance Programs: An Analysis of Contemporary Issues. CRS Report R42695, Version 84. Updated
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