Entrepreneurship and small business ownership is a key opportunity for transitioning service members and veterans as they transition to civilian life. Returning veterans are natural entrepreneurs, possessing the skills, experience and leadership to start businesses and create jobs. Fourteen percent of small businesses are veteran-owned. These 3.7 million veteran-owned businesses employ 8.2 million individuals.
The Institute for Veterans and Military Families (IVMF) at Syracuse University will offer a two-day Transition Assistance Program (TAP) Self-Employment Intensive Training Workshop at the 2012 National Veterans Small Business Conference and Expo June 24-25 in Detroit. The workshop is a collaboration between the IVMF, U.S. Small Business Administration (SBA), Department of Defense and Department of Veterans Affairs.
The workshop is available to 50 transitioning service members and veterans who are interested in starting a business. During the workshop, participants will learn whether starting a business is right for them, if their business idea is feasible and more. As part of the training, students will create a feasibility analysis deliverable that will serve as the basis for future business planning efforts. It is designed to assist would-be entrepreneurs in developing an actionable plan for subsequent efforts focused on launching a new venture.