JPMorganChase Helps Boost Veteran Success in Federal Contracting with $750,000 Philanthropic Commitment

Two-year philanthropic commitment strengthens NVSBC Education Foundation program, equipping Veteran entrepreneurs to compete for $51B in annual government contracts.

WASHINGTON, D.C., November 21, 2025 — The National Veteran Small Business Coalition Education Foundation (NVSBC-EF) announced it received a two-year, $750,000 commitment from JPMorganChase to help empower veteran-owned small business to successfully compete for federal government contacts.

Today, only one-third of veterans who operate registered Service-Disabled/Veteran-Owned Small Businesses (SD/VOSBs) hold government contracts, underscoring persistent barriers to accessing the $51 billion in annual contracting opportunities set aside for these companies. Federal contracts can be a critical catalyst for small business growth, offering access to larger markets and more stable revenue streams. However, the federal procurement process is complex and time-consuming, often deterring new entrants. Recent changes to the certification process and a growing share of federal contracts reserved for SD/VOSBs make it more important than ever to prepare these businesses to seize these opportunities.

JPMorganChase’s support will enable veteran-owned small businesses—and those seeking to enter the federal marketplace—to gain the knowledge, skills, and resources needed to demonstrate expertise, reliability, and operational excellence, a necessity in sectors related to national security, transportation, and defense. This will ultimately strengthen their competitive position and increase their chances of securing government contracts.

“This significant commitment creates the conditions for success, launching an enhanced set of tools focused on what businesses need to advance and build resiliency at all stages of their life cycle,” said Col Scott Jensen, USMC (Ret), CEO of NVSBC and NVSBC-EF. “Harnessing the power of community, partnership, and expertise, JPMorganChase’s support will enable NVSBC-EF to help individuals, companies, and other nonprofits better serve government and corporate clients.”

“Access to corporate and government contracts is crucial for small business growth, job creation, and community resilience,” said Shaolee Sen, Head of Small Business Philanthropy, JPMorganChase. “We are proud to support the innovative work of organizations like NVSBC that help small businesses—particularly veteran-owned small businesses—compete for and benefit from corporate and government contracts.” JPMorganChase is focused on fostering stronger, more resilient communities by increasing opportunities for businesses and entrepreneurs from all backgrounds. The firm provides resources to help business owners overcome obstacles through mentorship, financial training, and access to capital that can support their growth, while expanding the capacity of local nonprofit and community partners like NVSBC, that help entrepreneurs and small businesses succeed.

Founded in 2012, NVSBC seeks to empower Veteran Owned Small Businesses in the Federal Contracting ecosystem to succeed by providing training, engagement, and advocacy at all stages of a company’s lifecycle, serving all professionals regardless of position within the company. To further advance these efforts, NVSBC established the NVSBC-EF in 2019 to serve as the dedicated hub for the organization’s learning, networking, and advocacy initiatives, optimized through a multitude of tailored events, programs, and resources. Today, NVSBC-EF delivers timely, high-impact programming, personalized consulting, and direct communication that keep Veteran entrepreneurs informed, connected, and competitive.