Veterans in the SpotlightWednesday, November 2, 2016
This month’s “In the Spotlight” blog post is dedicated to all veterans – to celebrate their accomplishments as small business owners, and to honor their courage and sacrifice on this Veterans Day, Nov. 11, 2016.
The U.S. Small Business Administration (SBA) will celebrate veteran small business owners nationwide during National Veterans Small Business Week (NVSBW) Oct. 31 - Nov 4, 2016.
“Veteran entrepreneurs are a driving force in our economy. Each year, the SBA assists thousands of Veterans, reservists, members of the National Guard, and service-disabled Veterans to start and grow their small businesses. Veterans are integral to the growth of America’s small businesses. Nearly one in every 10 American businesses today is owned by a Veteran, collectively employs nearly six million workers and generates more than $1.2 trillion in receipts,” said Barbara Carson, Associate Administrator for SBA’s Office of Veterans Business Development. Additionally, these businesses employ 5.8 million Americans (including many members of the military community); pay wages in excess of $210 billion; and contribute $1.7 trillion to the U.S. GDP.
“With our partners, we are working to empower the next greatest generation of Veteran small business owners to build on the outstanding successes of the generations that came before them.”
During NVSBW, SBA district offices and resource partners across the U.S. will host local events including Boots to Business and Boots to Business: Reboot, webinars and workshops on access to capital, federal procurement and entrepreneurial development. The two-fold purpose of NVSBW is to applaud the success of Veteran entrepreneurs and to increase awareness of SBA’s programs and services for transitioning military service members, Veterans and their spouses.
The SBA encourages veteran business owners to share their small business success stories and asks local communities to demonstrate appreciation for veteran entrepreneurs and small business owners by joining the NVSBW conversation using #MyVetBiz. For more information about NVSBW events, visit sba.gov/nvsbw. To learn more about additional opportunities for veterans available through the SBA and their resource partners, visit sba.gov/vets.
The Greater Springfield Chamber of Commerce Veterans Committee salutes our veterans and their families for their patriotism, love of country and willingness to serve and sacrifice for the common good.
A veteran himself, Charles McCaffrey is the director of the Veterans Business Outreach Center at Community Business Partnership and chair of the Greater Springfield Chamber of Commerce Veterans Committee.