Veterans contribute to society in many commendable ways, and the path of entrepreneurship is one particularly impactful example. There are close to 2 million veteran-owned businesses in the U.S., and they employ over 5 million Americans. Despite facing challenges in accessing capital and other areas, 80% of veteran entrepreneurs consider their businesses to be successful.
As we observe Military Appreciation Month and Small Business Month this May, it’s a great time to recognize the contributions of veteran entrepreneurs. They not only support the health of our economy but continue to enrich local communities as well. In this article, we’ll look at ways to support veteran-owned businesses and answer questions such as:
Overall, despite experiencing difficulties in securing financing, identifying mentors, and navigating regulations and bureaucracy, veteran-owned businesses are reporting success and positive sentiments.
Veteran-owned businesses are an important part of our economy and our communities. We can all seek to support veteran-owned businesses by sharing helpful information and resources with veteran entrepreneurs, making an effort to frequent their businesses, leaving positive online reviews, and spreading the word about their products or services.
Mission Roll Call
1190 Interstate Parkway Augusta, Georgia 30909
