Over the past several years, the unique needs of deployed soldiers and returning veterans has evolved into an ongoing economic concern. As a result, financial assistance for military-enrolled or veteran business owners is starting to become more readily available. Many private companies are starting to design their own solutions to war-related changes in the workforce to facilitate the best engagement of both dedication and skills cultivated through military experience.
VetFran Business Grant Fund
The International Franchise Association (IFA) has set up a special grant program for veterans who choose to purchase and operate a franchise business after honorable discharge from the military. Grants of up to $10,000 are available to help pay for education, technical assistance, equipment purchases or other non-salary business-related expenses. The veteran franchisee must be one of over 200 franchise companies currently participating the VetFran program. At least one unit must be in operation or scheduled for opening. Applications are available online or by contacting the IFA.
International Franchise Association 1501 K Street, N.W., Suite 350 Washington, D.C. 20005 Phone: (202) 628-8000 Fax: (202) 628-0812 franchise.org
The government frequently provides special program grants that serve members of the military and their families. Official government grants lists are available at public libraries and can be accessed online.The database has a user-friendly search engine. Key words 'military' and/or 'veteran' will bring up records of both current and expired grant programs that apply to military circumstances. If the current listings have all expired, be sure to continue checking. New programs are offered regularly and will be posted as soon as they are available.
Be aware that the government grant application process is technically complicated and my require outside assistance to complete. Representatives at the grants.gov contact center are available to help get you started.
U.S. Department of Health and Human Services 200 Independence Avenue, S.W. HHH Building Washington, DC 20201 Grants.gov
Grants.gov Contact Center 1-800-518-4726 firstname.lastname@example.org
Small Business Development Centers
In March 2010, the Small Business Administration (SBA) announced grants to 10 SBA Small business development centers (SBDCs) to increase assistance to veterans and military personnel in small business. The million dollar grant program will fund programs that help small business adapt to key personnel deployments and promote veteran business ownership. Most SBDC programs are free or low cost to participating veterans, so while the grant dollars are not directly distributed to individuals, the impacted SBDC programs will provide valuable assistance to hundreds of military families each year.
US Small Business Administration 409 3rd Street, SW Washington, DC 20416 1-800-U-ASK-SBA (1-800-827-5722) Send e-mails to: email@example.com Answer Desk TTY: (704) 344-6640 sba.gov