The U.S. Senate Committee on Small Business & Entrepreneurship has created a comprehensive guide to many of the small business provisions outlined in the Coronavirus Aid, Relief, and Economic Security (CARES) Act: The Small Business Owner’s Guide to the CARES Act. These programs and initiatives are intended to assist business owners with whatever needs they have right now. When implemented, there will be many new resources available for small businesses, as well as certain non-profits and other employers. This guide provides information about the major programs and initiatives that will soon be available from the Small Business Administration (SBA) to address these needs, as well as some additional tax provisions that are outside the scope of SBA. when these programs become available, please stay in contact with your local SBA District Office, which you can locate here. To apply for the Economic Injury Disaster Loans, visit: covid19relief.sba.gov.

The IRS has established a special section focused on steps to help taxpayers, businesses and others affected by the coronavirus. To learn more, visit: https://www.irs.gov/coronavirus.

The Texas Comptroller is standing by to help Texas businesses during these difficult times. To learn about your options for remaining in compliance and avoiding interest and late fees on taxes due call the Enforcement Hotline at 800-252-8880. In addition, the Texas Comptroller has a variety of online tools for businesses seeking assistance. Go to COVID-19 emergency response webpage for access to online tools, tutorials and other resources for tax services, and to establish 24/7 online account access with Webfile.

Veteran Entrepreneur Program

HELPING VETERAN ENTREPRENEURS LAUNCH AND GROW THEIR BUSINESS

The Veteran Entrepreneur Program (VEP), established in 2013 and in accordance with Texas Code Sec. 434.022. (2)(c), provides veteran entrepreneurs and veteran small businesses the tools they need to start or grow their businesses. Our team of consultants, who are veterans, business owners, and MBA graduates, are dedicated to your success and our program advisor ensures that our tools and processes help us deliver timely, quality services to veterans, family members, and survivors. Services provided by the Veteran Entrepreneur Program:

1. Consultative services to help you from business start-up to exit:

Business Plans
Financing Your Business
Marketing Research
Marketing Strategies
Government Contracting
Exit Strategies
And, more!

2. Business Partner Referral services allow VEP to connect veteran entrepreneurs to numerous specialists in all aspects of business. Additionally, referrals to 3rd party lenders ensure non-traditional options for financing.

3. Outreach and educational services to veteran entrepreneurs and small business owners occur in collaboration with VEP business resource partners: the Small Business Administration (SBA), Service Corps of Retired Executives (SCORE, a 501(c)(3) nonprofit organization and a resource partner of the SBA), the Small Business Development Center (SBDC), the Veteran Business Outreach Center (VBOC), and others dedicated to the business success of veterans and their families.

Since program inception the VEP has assisted over 17,000 veterans with their dreams of business ownership. Why shouldn’t you be next?

To reach your dedicated business consultant complete the CONNECTING WITH THE ENTREPRENEUR PROGRAM form on the right-hand column of this page. For General Inquiries email us at vep@tvc.texas.gov

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