According to the most recent census data, there are 2.45 million veteran-owned businesses in the U.S. Veteran entrepreneurs contribute to the economy through their businesses and their willingness to hire veterans.
There are a number of funding resources available to veterans in order to get their business off the ground, or expand an existing business.
• The Office of Veterans Business Development, through the Small Business Administration (SBA) supports new and existing veteran entrepreneurs and military spouses. The program offers a variety of training and financial services. The SBA Veterans Advantage Guaranteed Loans program offers loans of $150,000 or less with no guaranty fee. Larger loans carry a low guarantee fee. SBA Express Loans have no upfront borrower fee for eligible veterans and military spouses on loans up to $35,000. Leveraging Information and Networks to Access Capital matches businesses with SBA-approved non-profit lenders. The 7(a) Loan Program is the SBA’s most common loan program, and includes financial help for businesses with special requirements.
• The Department of Veteran Affairs is a great starting point when looking for financing, and has created the Veteran Entrepreneur Portal (VEP), which can help you quickly identify financing resources for your business.
• The Military Reservist Economic Injury Disaster Loan provide funds to eligible small businesses to meet necessary operating expenses that it could have met, but is unable to meet, because an owner/essential employee was “called-up” to active duty.
• The USDA Veteran and Minority Farmer Grant, run by the Department of Agriculture, aims to bring traditionally underserved people into farming through training and technical and financial assistance.
• The VetFran(R) program is designed to help veterans start their own business. While these aren’t traditional business loans for veterans, the program offers financial incentive for veterans to launch a franchise.
In addition to lending resources, don’t discount the value of networking resources. Who better to share advice than those who have walked the path before you?
• American Corporate Partners links veteran entrepreneurs with successful businesspeople for training and mentorship.
• National Veteran-Owned Business Association presents you with a great networking opportunity and the chance to learn much more about running a business.
• SCORE Foundation Veteran Fast Launch Initiative offers advertising, marketing and business mentoring, all at no cost.

• Syracuse University’s Institute for Veterans and Military Families provides entrepreneurial training. Their Entrepreneurial Bootcamp for Veterans program is free for post-9/11 veterans.
• Veterans Business Resource Center provides business consulting and mentoring.
• Veterans Business Services can assist in obtaining capital for your business.


On June 9, Strategic Threat Management (STM) were awarded the Small Employer of the Year for companies with 200 employees or less from the California Department of Disabled American Veterans (DAV).

The award recognizes their support of veterans in the local community through providing outreach and hiring of veterans. Currently, 30% of employees at Strategic Threat Management are veterans.

“We were honored to be in attendance with real American heroes,” says owner Larry Treat. “Veterans bring a whole different mindset and work ethic to the job. They have been through formal training, they are team players, leadership is instilled in them and you can spot a veteran a mile away.”

Treat himself is a Marine Corps Veteran and feels honored to hire other veterans when he can and provide as much outreach as possible on veteran events, fundraisers and hand out informational packets.

Since forming Strategic Threat Management, Treat says they been involved in numerous events such as the Stand Down on the Delta, held numerous fundraisers and countless donations to organizations.

“We are honored that the local veteran community has accepted us so we feel honored to go to great lengths to ensure we can hire veterans whenever possible,” said Treat.

Strategic Threat Management provides both armed and unarmed security services for both private and public entities and is located out of Antioch, CA.

vamboa article

By Debbie Gregory.

Many veterans exhibit advanced team building skills, high levels of resiliency and strong organizational commitment, traits that contribute to making them successful entrepreneurs. There are numerous resources that assist veteran business owners thrive, including the following:

VAMBOA, the Veteran and Military Business Owners Association, is a non-profit trade association that promotes and assists Veteran Business Owners, Service Disabled Veteran Owned Businesses (SDVOB) and Military Business Owners by providing networking, collaboration, mentoring, education, certification and advocacy. Membership is free.

American Corporate Partners is engaged in national corporate career counseling for returning military. The non-profit connects veterans to business leaders for mentorship and career advice.

BusinessUSA provides users with an interactive questionnaire that guides them to the most relevant federal, state, and local services, tools, trainings, and opportunities, assisting in starting or expanding a veteran owned small business.

DVBE, the Disabled Veteran Business Alliance, empowers, provides resources to, and works side-by-side with disabled veterans to promote and support them in establishing, maintaining and growing viable business enterprises.

EBV Foundation’s Entrepreneurship Bootcamp for Veterans with Disabilities offers training in entrepreneurship and business management to post-9/11 veterans with service related disabilities.

Federal Business Opportunities is a portal for all businesses, not just vet owned, looking for active federal contracting opportunities.

Honor Courage Commitment, Inc. provides resources such as grants, scholarships and a fellowship program to veteran entrepreneurs, designed to build leadership qualities.

Institute for Veteran and Military Families provides a wide variety of resources geared towards military veterans re-entering the workforce or looking to start their own businesses.

National Veteran Business Development Council (NVBDC)  is the nation’s leading third party authority for certification of veteran owned businesses of all sizes.

National Veteran Small Business Coalition supports veteran owned small businesses by promoting policies that encourage participation of veteran owned businesses in federal contracting opportunities.

Patriot Boot Camp  focuses on helping active duty military, veterans and their spouses build technology companies. The three day event provides participants with free education, training and mentorship.

Small Business Administration (SBA) provides a multitude of assistance to veterans in their local communities, including Veteran Business Outreach Centers, Boots to Business,

SDVOSBC , the National Center for Veterans Institute for Procurement, Veterans Business Outreach Center (VBOC), and Leveraging Information and Networks to Access Capital (LINC) .

Streetshares brings together business owners in search of funding and investors looking for both financial and social returns.

21 Gun Salute Initiative supports service-disabled veteran owned businesses with the goal of reserving 3% of contracts for service-disabled veteran owned small businesses.

VetBiz is a VA website that provides information about the Center for Verification and Evaluation’s verification process for veteran owned businesses looking to gain eligibility for the VA’s Veterans First Contracting Program.

VetBizCentral is a veteran run site that assists veteran and active duty military entrepreneurs through training and counseling, networking opportunities, mentoring and advocacy.

Veteran Entrepreneur Portal provides access to a number of business tools and services, from business education to financing opportunities.

Veteran Fast Launch Initiative provides mentoring and training, along with free software and other services, to military veteran entrepreneurs.

Veteran Women Igniting the Spirit of Entrepreneurship  provides resources, courses and mentorship to female veterans who have started businesses or are looking to do so.

Vetrepreneur Mentoring provides mentoring services to help veteran entrepreneurs with everything from contractor registration to website creation.

Victory Spark is an accelerator program focused on startups led by U.S. military veterans. The program includes a 12-week mentor-driven Lean LaunchPad Program, along with grant funding for entrepreneurs who complete the program.



vamboa article

By Debbie Gregory.

We still have hope that the Veterans Entrepreneurial Transition Act, originally proposed in 2015, will be passed. The legislation would allow the SBA to conduct a 3-year pilot program for up to 250 budding veteran entrepreneurs to use their GI Bill benefits to start a business. While it had widespread support from veterans’ groups, it didn’t receive a full Congressional vote before the end of the year. Perhaps the new Congress will see the merits of this legislation, and get it passed. Until then, here are some resources that veteran business owners should be taking advantage of:

Entrepreneurship for Transitioning Warriors is a program offered by non-profit VetToCEO. The free 7-week online program is comprised of  seven two-hour modules that give you  the basics of starting your own business. With rolling enrollment, veterans can join the program at any time.

Entrepreneurship Bootcamp for Veterans with Disabilities (EBV) is a free training program for post-9/11 veterans with a service-connected disability. This program is offered through a consortium of universities including Cornell, Syracuse, Florida State, UCLA, Texas A&M, Purdue, UConn, LSU, Saint Joseph’s, and the University of Missouri. EBV consists of an online, instructor-led 30-day curriculum, followed by a 9-day in-residence session at the university. EBV programs run from March through November each year on a first-come, first-served basis.

Patriot Boot Camp is geared towards technology entrepreneurs.  Attendance at PBC is encouraged if you’re considering a tech startup. PBC is free to veterans, active-duty members, and spouses.

Bunker Labs offers the Bunker in a Box program,  an online mini-course in veterans entrepreneurship. Lessons feature a short video from the Bunker team, as well as articles, interviews, podcasts and presentations from prominent entrepreneurs and experts.

StreetShares Foundation is the non-profit arm of the military social lending platform, StreetShares. The foundation staff selects 5-10 finalists each month, based on: business idea, product-market fit, team and company history, use of award funds and potential impact, and influence of the business on the military and veterans community. First, second, and third-place awards of $5,000, $3,000, and $2,000 are awarded.

The Veterans Business Outreach Center (VBOC) is a good resource for training, counseling and mentoring, and resource referrals. VBOCs also provide transition assistance programs via Boots to Business part of the military’s formal Transition Assistance Program, offered on military installations around the world. Boots to Business assists service members, military spouses and veterans identify business opportunities, draft their business plans, and launch their enterprises. Other programs supported by OVBD are geared specifically for women veterans, service-disabled veterans, and veterans interested in federal procurement.


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.