Veterans possess discipline, leadership skills and ambition, advantages that make them great business owners and bosses. While the traditional route of higher education teaches theory, veterans learn their life skills through on-the-ground lessons during service. These skills include working well under pressure and gaining command of their emotions — traits that also translate to entrepreneurship.
Successful entrepreneurs must have the confidence to navigate and take risks, and the discipline and leadership skills to lead — traits that veterans developed during service. Owning a business isn’t easy, and there are plenty of roadblocks along the route to success. As a group, veterans don’t give up easy and are often better equipped to take on a challenge.
The mission of VEIP is to provide veteran-owned start-ups with seed capital to build and grow their businesses, create a robust network for veteran-owned businesses to succeed, and enable the PenFed Foundation to perpetually re-invest returns in future veteran-owned businesses.
Seda Goff, Director of Veteran Entrepreneurship, Seda.Goff@PenFed.org, (571) 341-6575
PBCâ€™s core program is an intensive three-day event designed to engage, inspire, and mentor, military members, veterans and military spouses, to help them start, innovate, and scale the next generation of technology-focused businesses. PBC provides participants with free education and training in entrepreneurial and business skills, as well as mentorship from successful leaders from the entrepreneurial, military and business communities. PBC hosts its event at no cost to participants in locations across the country. https://patriotbootcamp.org/contact
Boots to Business is the two step entrepreneurship training program offered by the U.S. Small Business Administration (SBA) as a training track within the Department of Defenseâ€™s Transition Assistance Program (TAP). This course is open to Service members (including members of the National Guard and Reserves) and their spouses. The curriculum provides assistance to those interested in exploring business ownership or other self-employment opportunities by leading them through the key steps for evaluating business concepts and providing foundational knowledge required to develop a business plan. In addition, participants are introduced to SBA resources available to access start-up capital, technical assistance and contracting opportunities.
Mr. Larry Stubblefield, Associate Administrator for the Office of Veterans Business Development (OVBD),Â firstname.lastname@example.org, 202-205-8800
409 3rd Street SW, Floor 2 Washington, DC 20416