The Wisconsin Economic Development Commission (WEDC) has put $150,000 into a fund for start-up seed grants aimed at supporting new companies run by Wisconsin military veterans. The investment will make Wisconsin the first state to launch such a fund to support veteran-owned businesses.
The no-cost festive holiday-themed Meet and Greet featured over a dozen companies and offered veterans an opportunity to promote their business or provide assistance to veteran owned small businesses.
The top five states in terms of percentage of veteran owned vs. civilian owned businesses are South Carolina, West Virginia, Virginia, Tennessee and Alabama.
Current New Jersey law allows local governments to designate up to 3% of local contracts to small businesses, as well as those owned by women and minorities. The veteran set-aside bill opens that provision to businesses owned by or that employ veterans.
Although tax credits for hiring the disadvantaged expired in 2011 and those for hiring veterans expired at the end of 2012; both have been extended through 2013.
The forum is geared towards U.S. military veterans, their spouses, and active duty, guard, and reservists who own, or are interested in starting, small businesses.
The first event on their 2013 schedule takes place at LP Field, home of the Tennessee Titans, in Nashville on Thursday, January 24, 2013. The event begins at 11 a.m. and runs until 3 p.m. RecruitMilitary expects more than 30 employers, franchisors, educational institutions, and government agencies to reserve exhibitor booths at the Nashville Expo.
Veteran Business Owners: join Nearly 40,000 other businesses proudly owned by veterans, active duty, reservists, service disabled veterans and military spouses! Get your company's FREE profile and be seen by millions of fellow veterans, government agencies, prime/sub contractors, corporate purchasing departments and every day consumers strongly support businesses owned by those who proudly served/serve our great nation! It's FREE!
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