May 28, 2020  
 
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Veteran Entrepreneurs

 

Veterans Starting a Business

Written by Anne Hauser for Gaebler Ventures

War veterans are able to effectively start a new business with a little help from the government.

The National Veterans Business Development Corporation was created by the U.S. government to assist war veterans in starting their own small businesses.
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By developing such a network of veteran entrepreneurs, the Business Development Corporation hopes to strengthen all veteran businesses.

The Corporation is very focused on what veteran businesses can do for the U.S. economy. According to their Web site, veteran-owned small businesses contribute more than $202 billion annually to the national economy.

Since its creation in 1999, the Veterans Business Corporation has helped more than 10,000 veterans start and maintain their businesses. They offer online tips for starting a business, growing a business, and assisting veterans in making business contacts with other veteran entrepreneurs. In addition, they assist in gaining access to capital, networking, and obtaining education to sharpen business skills.

With a board of directors appointed by the U.S. president, the Business Development Corporation board members have included such notables as the U.S. Secretary of Defense Robert Gates, and the current Chairman of the Board Jeffrey W. Gault.

All individuals of the board of directors are veterans, and many staff members are also professionals in business, training and management.

Much of the work of the Business Development Corporation is done online. Members can login and view information and participate in interactive business workshops and forums. Membership status also allows veterans access to the veteran small-business directory, which is always updated with new members and their success stories.

For more information, visit http://www.veteranscorp.org/.

Anne Hauser is a freelance writer who is currently a double major in Magazine Journalism and English at the University of Missouri.

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