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Business Resource For Veterans

Business Resource for Veterans

U.S. veterans are highly entrepreneurial. Even though veterans make up less than 8% of the population, nearly one in 10 small businesses nationwide are veteran-owned. Collectively, these 2.5 million small businesses employ almost 6 million Americans and generate more than $1 trillion in annual receipts.

You’ve served our country, now let the U.S. Small Business Administration (SBA) serve you. The following are four specialized SBA-funded resources for veteran entrepreneurs:

  1. SBA Veterans Advantage Loan Program  – Eligible veteran-owned businesses can qualify to have their SBA Guaranteed Loan fees discounted or waived. Read more about the Veterans Advantage Program.
  2. Veterans Business Outreach Center (VBOC) – Veterans and military spouses can get free, expert and confidential business coaching through their local VBOC.
  3. Veteran training programs on and off base – Boots to Business is an entrepreneurial program offered on military installations around the world and a training track of the Department of Defense Transition Assistance Program (TAP). Boots to Business Reboot extends the entrepreneurship training offered in TAP to veterans of all eras in their communities.
  4. Veteran contracting programs – Businesses that are 51% or more owned by veterans can qualify for multiple federal certification programs, including the Service Disabled Veteran Owned Small Business (SDVOSB) certification that helps veterans access federal contracting dollars.

Click here to learn more about SBA resources for veterans.