The National Veterans Business Development Corporation

A congressionally mandated program to achieve compliance with the three percent goal of procurement for disabled veterans as established by law took shape in 2001 with the formation of the National Veterans Business Development Corporation and the appointment of Joiner Center board member Robert Glassman as its chairman.

The corporation, which will be utilizing both public and private monies, received $3.9 million from the federal Office of Management and Budget to expand and reinforce monetary assistance to veterans in small business.

Retired Major General Charles Henry was also named the chief executive officer of the company. He was previously the head of the Defense Contract Management Command. To ensure that the three percent procurement goal is achieved a Task Force for Veterans Entrepreneurship was established.

Paul Camacho of the Joiner Center was instrumental in the formation of the corporation and served as its interim executive director.