Tagged: Service Members

Fewer Veterans Starting Businesses; New Program Will Train Veteran Entraprenuers

Veterans made up only 6% of all new entrepreneurs last year, compared to 12% in 2000. That’s a 50% decline in new veteran owned businesses. From 1999 until 2008, veterans started their own businesses at a greater rate than civilians, but from 2009 on, civilians have outpaced veterans in starting new companies. To help resolve this problem, the military is expected to launch a program to offer help starting a business to the approximately 250,000 who leave the military every year.