Understanding how tough it is for anyone to get money, the SBA and Congress have created resources to help veterans start businesses. Here are a few of the programs:
- Patriot Express Pilot Loan Program, administered by the Office of Veterans Business Development at the SBA
- Military Reservist Economic Injury Disaster Loan. Also administered by the Office of Veterans Business Development.
- Veterans Transition Franchise Initiative. Known as VetFran, the site states: “VetFran.Com is a franchise opportunities portal owned and operated by the International Franchise Association on behalf of its members. This site is for honorably discharged Veterans of the U.S. Armed Forces who are interested in going into business for themselves, but not by themselves.”
You can also checkout the article that appeared in Entrepreneur magazine on these programs.
If you are interested in discussing your start-up idea please contact me. The initial one-hour consultation is free. After that fees will be discounted in recognition and appreciation of your service.
