Helping Veterans Start Businesses

While the national unemployment rate (population 18 and over) hovers at 7.5 percent, Iraq and Afghanistan veterans (Gulf War Era II or Post-9/11 veterans) face a higher rate of unemployment at 10.8 percent. Overall, more than three quarters of a million veterans are currently unemployed, with an additional one million anticipated to leave service this year through 2017.

Join us on Facebook: Giving Back to our Veterans!

Entrepreneurship, or self-employment, is a solution for the unemployment situation of veterans that comes quite naturally given skillsets gained through military service. According to the U.S. Small Business Administration (SBA) military veterans owned 2.4 million businesses in 2007, which accounted for 9 percent of all businesses nationwide. Furthermore, the SBA estimates that currently 20 percent of veterans are looking to start, purchase or partner in a small business start-up.

Read More:

4 thoughts on “Helping Veterans Start Businesses

  1. Pingback: What would you say to a 1 Million Dollar Government Retirement Lottery Ticket? | Economic News Articles

  2. Pingback: National Veterans Small Business Conference Coming to St. Louis « "" Social Media & Web Design™

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s