Succeed as a veteran with free grant money to grow your business

Posted by Government Grants
5
Jun 17, 2024
129 Views

According to the US Census Bureau, veterans own around 6% of US businesses, and employ around 4 million people in the country. As per the US Department of Veterans Affairs (VA) data, more than 35,000 veterans experienced homelessness in the country in the year 2023. RAND research shows that about 1 in 5 veterans experienced mental health problem at some point in life. In order to help veterans lead a decent life after retirement, or service-related disability, many grant programs are offered by federal and state governments, and private foundations.  

 is one of the main contributors of veteran-owned business grants, and disabled veteran business grants, in addition to loans, in order to help the veterans grow and succeed. Grants.gov maintains a database of more than 1,000 federal grant programs, including veteran owned business grants, and other grants offered by the Department of Labor, and the Department of Commerce, among others.  

Grants by the Small Business Administration (SBA)  

The US Small Business Administration (SBA) runs Veteran Business Outreach Center (VBOC) to support veteran entrepreneurs through training services, mentorship, and counseling. SBA also offers Boots to Business (B2B) education and training program to service members who are transitioning from active duty, along with their spouses. The goal of Veterans Entrepreneurship Program (VEP), run by VA’s Office of Small & Disadvantaged Business Utilization is to help eligible veterans start a new business venture, or grow an existing business.  

Grants by Second Service Foundation and Warrior Rising  

The Second Service Foundation, formerly the StreetShares Foundation, runs the Military Entrepreneur Challenge to give veterans the opportunity to pitch and win grants for their business. Three finalists give live pitches, and an audience vote determines the winner. The nonprofit program Warrior Rising Small Business Grant, founded in Utah in 2015, provides veteran owned business grants to eligible enterprises.  

State grants for veterans  

The state of Alabama offers disabled veterans business grants, and tax-free monetary benefits in the form of Dependency and Indemnity Compensation (DIC) to eligible survivors of Service members who died in the line of duty. Alabama also offers Homestead Tax Exemption to those retired due to permanent and total disability, or blind, regardless of age or whether they are retired. Businesses based in Pennsylvania or New Jersey can receive a grant amount of $50,000 in funding. To be eligible, they must be located in low-to-moderate income area, or have been founded by a veteran, black, Asian, Latinx, or someone belonging to LGBTQ+ community.  

Know about more grant opportunities  

At GovernmentGrant.us, their goal is to help you receive the benefits you deserve. By registering at the website for a small monthly membership fee of just $29.95, you can access all available veteran owned business grants, disabled veteran business grants, and other grant opportunities, such as childcare grants, minority grants, training & research grants, home improvement grants, and more. This monthly membership fee is refundable in case your grant application is rejected. To receive your refund, just send the rejection letter to GovernmentGrants.us within 90 days of receiving it.  

GovernmentGrants.us has professional grant writers with years of experience winning a variety of grant awards, and they can assist you with veteran owned business grant, and disabled veteran business grant. 

Comments (1)
avatar
Random India
10

Digital Marketer

Free Blog Submission Sites 2024

handyclassified.com
thenewsbrick.com
blognow.co.in

Jun 17, 2024 Like it
avatar
Please sign in to add comment.