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November 15, 2019

Veterans can get help starting a business

AP Business Writer

NEW YORK — For many people who leave military service, the next logical step is becoming an entrepreneur.

There are federal, state and private sector resources for veterans to help them learn about operating a business, and, when their companies are up and running, get financing help, mentoring and government contracting opportunities. Entrepreneurship is appealing to many veterans; more than 6% of all veterans were self-employed in 2018, and 3% of those who served during or after the first Gulf War in 1990 were self-employed, according to the Labor Department. Many veterans want to start businesses in industries related to their service work, especially those who developed or used technical skills while in the military.

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