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According to Forbes, veteran-owned businesses are an important engine of economic growth. New research from Experian has found that veterans tend to own and operate business with a larger employee base, and veteran-owned businesses have better longevity and sustainability than non veteran-owned business. (Experian analyzed and compared the credit data of veteran-owned businesses and non-veteran-owned businesses from 2015 through July 2019.) 

 

Nearly 25% of veterans express interest in starting a business. That’s the good news. The bad news is entrepreneurship among younger veterans is on the decline. A report by Bunker Labs suggests one way to foster veteran entrepreneurship is through an “ecosystem” approach: “Taking an ecosystem approach to facilitating entrepreneurship requires ensuring that there is relationship density, strong network effects, and connected resources for entrepreneurs.” 

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January 2020 begins regular programming for veteran entrepreneurs, youth, and other cohorts; to deliver relief and support services as needed.

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