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SBA logo Annoucment
  • October 2nd, 2026

Veteran Institute for Procurement Receives $3.75 Million SBA Grant to Support Veteran Federal Procurement Training

Rockville, MD – The Montgomery County Chamber of Commerce Community Foundation's Veterans Institute for Procurement (VIP) has received a $3.75 million, five-year grant from the U.S. Small Business Administration (SBA). The grant funds the Veteran Federal Procurement Entrepreneurship Training Program (VFPETP), a nationwide program that helps Veteran-owned small businesses compete for and win federal contracts.

Located in Montgomery County, Maryland, VIP provides hands-on, market-focused training that equips Veteran-owned small businesses with the knowledge and readiness needed to compete and win in federal procurement. Through this ongoing partnership with the U.S. Small Business Administration, 250 Veteran-owned firms annually will gain the skills and confidence they need to secure government contracts, grow their businesses, and strengthen their communities.

At VIP, we train Veteran-owned small businesses to thrive in the highly competitive world of federal procurement. We don't just teach Veteran business owners how to compete, comply, and perform; we equip them with the knowledge, skills, and strategies they need to succeed and sustain in the federal marketplace.

Industry leaders and government experts generously devote their time to deliver classroom instruction across six VIP programs: START, GROW, ADVANCE, INTERNATIONAL, AEROSPACE, and CORPORATE. These seasoned professionals bring decades of real-world experience and invaluable insights, offering a unique opportunity to learn from some of the best.

VIP serves Veteran-owned small businesses (VOSB) and Service-disabled veteran-owned small businesses (SDVOSB) across the United States. Applications are accepted year-round at nationalvip.org.

About the Montgomery County Chamber Community Foundation and the Veteran Institute for Procurement.

The Montgomery County Chamber Community Foundation (MCCCF) is a Maryland-based independent 501(c)(3) organization established to develop educational initiatives for enhancing communities, including helping Veterans prosper once they complete their military service. One of its key initiatives, the Veteran Institute for Procurement (VIP), is a nationally recognized training program that equips Veteran-owned businesses with the tools, strategies, and support networks needed to compete successfully in the federal marketplace. Based in Rockville, Maryland, VIP is widely regarded as a leading model for accelerating Veteran entrepreneurship and procurement readiness.

View the SBA's Press Release

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