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SU hosts third annual Entrepreneurship Bootcamp for Veterans’ Families March 8-16

March 4, 2013

SU hosts third annual Entrepreneurship Bootcamp for Veterans’ Families March 8-16

Class of 22 participants—19 women and three men—largest to date

Syracuse University will host its third Entrepreneurship Bootcamp for Veteran’s Families (EBV-F) program beginning this Friday, March 8, and running through Saturday, March 16. EBV-F leverages flexibilities inherent in small business ownership to provide a vocational and economic path forward for military family members and/or surviving spouses of those gave their lives in service to the country. With 22 participants – 19 women and three men – this class is the largest to date.

Founded in 2010 at SU’s Whitman School of Management, the program is operated by the University’s Institute for Veterans and Military Families (IVMF). EBV-F positions family members to launch and/or grow small businesses in a way that is complementary or enhancing to family responsibilities.

This year, 23 participants (the largest Syracuse EBV-F class to date) will be exposed to nuts andbolts of business ownership. These 19 women and four men span the ages of 22 to 64. They hail from every corner of the U.S., including Alabama, Arizona, California, Florida, Georgia, Maryland, Oklahoma, South Carolina, Texas and Virginia. Participants include family members of veterans and active duty members of the Air Force, Army, Marine Corps, Navy and National Guard. They have business ideas and ventures that include a bakery/café, consulting, wedding/event planning, bed and breakfast, physician’s office focused specifically on veteran care, graphic design, local magazine, restaurants and pubs, among others.

“The EBV-Families program is designed to leverage business ownership as a means to provide support and stability to military family members, a community that has sacrificed greatly throughout the past decade of war,” says IVMF executive director Mike Haynie. “As a result of this program, military family members—many of whom have had to assume caregiver roles for a wounded family member—are empowered to pursue small business opportunities as a means to balance work, caregiver and family responsibilities. We are thrilled to welcome this cohort to the SU campus, and into the EBV family.”

Offered in three phases, EBV-F provides veterans’ families with skills necessary to successfully launch and grow a new business. Through online coursework, an intense residency experience and 12 months of ongoing support and mentorship via the EBV-Technical Assistance Program (EBV-TAP), participants learn how to write business plans, raise capital, attract customers and develop a marketing strategy.

During the SU residency, participants are exposed to accomplished entrepreneurs, academics and business leaders from across the country. The residency experience is intense: a typical workday begins at 7:30 a.m. and ends at 10 p.m. Participants spend their time on campus in classes, workshops and breakout sessions, hearing from industry professionals about practices that will help them start a business and/or grow a current endeavor. They also attend a few social events to encourage discussion, camaraderie and provide a taste of the Syracuse community.

The EBV-F is also offered through the national EBV consortium at Florida State University. For more information, contact Jared Lyon, EBV and EBV-F national program manager, at 315-443-6007 or jslyon@syr.edu.

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