The Case for Veteran Business Superintelligence
Decisions about veteran entrepreneurs should start from evidence. Where are the firms? What do they do? How old are they? What does the research actually show, and what is still unknown?
Two Key Research Findings
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In the 2017 survey, 37% of respondents noted that the lack of access to capital was the biggest challenge facing their businesses. In the 2018 survey, 47% of respondents said that they had already applied for funding for their business, indicating a continued need for capital access. This finding highlights the need for greater resources and information on where and how to access funding for veteran-owned businesses, as well as potential policy changes to increase access to capital.
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Both the 2017 and 2018 surveys found that respondents expressed a desire for more opportunities to network and connect with other veteran entrepreneurs. In the 2017 survey, respondents noted a desire for more information on how to connect with other veterans, while in the 2018 survey, 56% of respondents said that they had attended a veteran business event in the past. This finding highlights the importance of building a supportive community for veteran entrepreneurs and creating more opportunities for networking and collaboration.