By Debbie Gregory.
A new study is poised to gain insight into the newest generation of veteran entrepreneurs, with the collected data being utilized to develop policies and programs to support their successes.
The study is collaboration between the Institute for Veterans and Military Families at Syracuse University (IVMF) and Bunker Labs, the leading incubator for veteran-owned businesses in America.
This joint research effort will provide insights that will hopefully increase the current rate of veteran entrepreneurship, and increase the success of existing veteran entrepreneurs.
IVMF offers a number of programs, including the Entrepreneurship Bootcamp for Veterans with Disabilities, Entrepreneurship Bootcamp for Veterans Families, Veteran Women Igniting the Spirit of Entrepreneurship, Operation Boots to Business, Boots to Business Reboot, Center of Excellence for Veteran Entrepreneurship, Coalition for Veteran Owned Business, VETNET, and the VetSmallBiz Challenge.
More than 32,000 veterans, service members and military spouses participated in IVMF programs in 2015.
The IVMF research team will conduct qualitative and quantitative research at Bunker Labs locations across the country. The use of focus groups and surveys will also allow the participation of female veteran entrepreneurs, which is seeing a dramatic increase in numbers.
The research outcome is designed to understand all aspects of veteran entrepreneurship, especially the obstacles and challenges that are involved in the process. The findings will no doubt reveal insights that can be scaled into larger solutions to support the next generation of veteran entrepreneurs.
Funded by the IVMF’s Center of Excellence for Veteran Entrepreneurship, the research will create benchmarks that will lay the groundwork to inform the design of future national studies on veteran entrepreneurs. The research this spring will culminate in findings being reported out nationally in summer 2017.
Veteran and military spouse entrepreneurs wanting to participate in the research can learn more here.