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Home Press Release

Owners In Honor® Awarded SBA Grant to Expand National Business Acquisition Training for Veterans

Cision PR Newswire by Cision PR Newswire
October 20, 2026
in Press Release
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Funding from the SBA Office of Veterans Business Development will scale Buyers Basecamp through the VBOC network

HOUSTON, Oct. 19, 2026 /PRNewswire/ — Owners In Honor® (OIH), a national nonprofit dedicated to Entrepreneurship Through Acquisition (ETA) for Veterans, Service Members, and Military Families, has been awarded $200,000 through the U.S. Small Business Administration Office of Veterans Business Development (OVBD) FY2026 Pilot Program Specialized Training, Track II.

The award will expand and standardize Buyers Basecamp: Business Acquisition Education & Search Readiness, OIH’s flagship program preparing Veterans and Military Families to acquire and lead existing small businesses. Delivered in coordination with the Veterans Business Outreach Center (VBOC) network, the program will reach Candidates nationwide.

“Veterans already carry the leadership, discipline, and sense of mission that small businesses need to thrive in their next chapter,” said Patrick M. Flood, Founder and CEO of Owners In Honor. “This investment from SBA OVBD allows us to bring a proven readiness pathway to Veterans and Military Families in every region, so more of them can step confidently into ownership and carry forward the businesses that anchor their communities. We are grateful for SBA’s partnership and ready to get to work.”

“The Small Business Administration’s Office of Veterans Business Development (OVBD) is honored to team with Owners in Honor to deliver best-in-class entrepreneurial services and training to our fellow veterans and military spouses,” said Kevin Barber, Assistant Administrator, Office of Veterans Business Development, US Small Business Administration. “Under the leadership of Administrator Loeffler, SBA and OVBD are expanding our impact and ensuring that we meet veterans, service members, and military spouses where they are in their entrepreneurial journey.”

Over the grant period, OIH will build a standardized readiness assessment, four new training modules, Candidate-management infrastructure, and a Search Readiness certification and tracking framework. The project targets two hundred new Candidates.

To date, OIH has enrolled 500 Buyers Basecamp participants, reached 3,050 more through acquisition education and events, and supported 11 completed Veteran business acquisitions.

Veterans, Service Members, and Military Family members interested in Buyers Basecamp can learn more and apply at ownersinhonor.org.

About Owners In Honor® Owners In Honor® is a national 501(c)(3) nonprofit founded and led by Veterans, dedicated to fostering long-term economic opportunity for those who have served. Through its Buyers, Operators, and Sellers programs, OIH guides Veterans, Military Spouses, and Gold Star family members in acquiring, operating, and exiting small businesses. Learn more at ownersinhonor.org.

Media Contact: Brooke Damerell

brooke@ownersinhonor.org | 770-842-4332

Cision View original content:https://www.prnewswire.com/news-releases/owners-in-honor-awarded-sba-grant-to-expand-national-business-acquisition-training-for-veterans-302913275.html

SOURCE Owners In Honor

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