Another Way to Build Wealth – Use a Veterans Entrepreneur Program
One way to make your own Military Millions is to become an entrepreneur. Luckily for us, there are a TON of programs to help veterans start their own businesses. Here are a few:
Institute for Veterans and Military Families (IVMF) – The IVMF at Syracuse University is committed to advancing the post-service lives of America’s service members, veterans, and their families. Supported by a world class advisory board and public and private partners, their professional staff delivers unique and innovative programs in career, vocations, and entrepreneurship education and training to post 9/11 veterans and active duty military spouses, as well as tailored programs to veterans of all eras.
Patriot Boot Camp (PBC) – PBC is a non-profit founded in 2012 to provide active duty service members, veterans, and their spouses with access to mentors, educational programming, and a robust community of experts and peers to help them innovate and build impactful businesses.
Bunker Labs – Bunker Labs is a national not-for-profit 501(c)(3) organization built by military veteran entrepreneurs to empower other military veteran entrepreneurs to empower military veterans as leaders in innovation. Through local chapters across the U.S., Bunker Labs provides educational programming, access to resources, and a thriving local network to help military veterans and their spouses start and grow businesses. They work to Inspire, Educate, and Connect veterans with the right resources and people locally to be successful, while also providing national tools and resources like Launch Lab Online or their Community Mobile App to support aspiring entrepreneurs where ever they may currently live or be stationed.
Street Shares Foundation – Their mission is to inspire, equip, and support veteran small businesses through content that makes you better business owners and awards that provide a boost of financial support to grow your business. They give away $10,000 in veteran business grants each month.
VetToCEO – VetToCEO is a 501(c)(3) nonprofit organization that supports veterans and transitioning military members to succeed in business ownership. They offer a free online program exclusively for verified members of the military and for veterans. The program was designed by veteran entrepreneurs and is facilitated by veteran entrepreneurs. It is offered online so that anyone, anywhere can participate in a well designed, collaborative online environment. The core entrepreneurship program is also offered face to face at select locations upon request. You can see a 4 minute video about their program here.
Small Business Administration’s Office of Veterans Business Development (OVBD) – The OVBD mission is to maximize the availability, applicability and usability of small business programs for Veterans, Service-Disabled Veterans, Reserve Component Members, and their dependents or survivors. OVBD is SBA’s liaison with the veterans business community; provides policy analysis and reporting; and is as an Ombudsman for veteran entrepreneurs. OVBD has a number of programs and services to assist aspiring and existing veteran entrepreneurs such as training, counseling and mentorship, and oversight of Federal procurement programs for Veteran-Owned and Service-Disabled Veteran-Owned Small Businesses. They run the “Boots to Business” program you may have heard of on Armed Forces Network commercials.
VA Veteran Entrepreneur Portal (VEP) – The VEP is designed to save you time with direct access to the resources necessary to guide every step of entrepreneurship. VEP makes it easier for small businesses to access federal services, regardless of its source—and quickly connects Veteran entrepreneurs to relevant ‘best-practices’ and information.
What’s the Bottom Line?
You can build wealth as an entrepreneur, and there are programs all over the place to help military members and veterans do just that. The ones listed above are only a few of them. Check them and others out, and use them to feed your entrepreneurial spirit and make your own Military Millions.