July will be a busy month for the Entrepreneurship Bootcamp for Veterans with Disabilities (EBV) as three of the participating universities will host their programs; UCLA from Jul. 13 – 20, Syracuse University from Jul. 20 – 28 and Texas A&M from Jul. 27 – Aug. 3.
EBV seeks to provide military veterans with the cutting-edge training in entrepreneurship and small-business management they need to make their dreams of owning a business a reality. Originally offered by Syracuse University beginning in 2007, EBV has since expanded to include seven additional major universities across the U.S. Each session of the program is offered at no cost to post-9/11 veterans who have been disabled by their service.
Offered in three phases, EBV provides veterans with skills necessary to successfully launch and grow a new business. Through online coursework, an intense on-campus experience and 12 months of ongoing support and mentorship via the EBV-Technical Assistance Program (EBV-TAP), veterans learn how to write business plans, raise capital, attract customers and develop a marketing strategy.
During their residency at one of the participating universities, veterans will be exposed to accomplished entrepreneurs, academics, disability experts and business leaders from across the country. Their residency experience is intense: a typical work day 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 best practices that will help them start a business and/or grow a current endeavor. The schedule also includes a few social events to encourage discussion, camaraderie and provide a taste of the community in which the particular university is located. Each EBV program session will conclude with a graduation ceremony and awards presentation for standout business plans.
EBV is widely acclaimed as the premier entrepreneurship training program for veterans in the nation, has been recognized as a “National Best Practice” by the Department of the Army for serving Soldiers and their families, and has received the McGraw-Hill Award from the Academy of Management for the most innovative entrepreneurship program implemented by U.S. business schools in 2010. In 2011, Inc. Magazine named the EBV program as one of the “10-Best” entrepreneurship programs in the U.S. Most recently, the national EBV program was the subject of a 60 Minutes feature story, which can be viewed here.
By the end of 2013, more than 700 veterans will have graduated from the national program since 2007. Though some participants operate previously established ventures, 57 percent of all EBV graduates have launched a new venture following their time in the program, and 88 percent still have those ventures operational. Through their ventures, EBV graduates have added more than 670 employees to the national workforce, many of them veterans themselves.
The EBV was founded at Syracuse University’s Whitman School of Management in 2007 and is operated under the auspices of the University’s Institute for Veterans and Military Families (IVMF). A national consortium consisting of a network of eight world-class schools offers the EBV nationwide through programs at the Anderson School of Management at the University of California, Los Angeles; the College of Business at Florida State University; the Mays Business School at Texas A&M University; the Krannert School of Management at Purdue University; the School of Business at the University of Connecticut; the E.J. Ourso College of Business at Louisiana State University; and the EBV’s first specialty program in hospitality at the School of Hotel Administration at Cornell University.
About the Institute for Veterans and Military Families (IVMF)
The IVMF is the first national center in higher education focused on the social, economic, education and policy issues impacting veterans and their families post-service. Through our focus on veteran-facing programming, research and policy, employment and employer support, and community engagement, the institute provides in-depth analysis of the challenges facing the veteran community, captures best practices and serves as a forum to facilitate new partnerships and strong relationships between the individuals and organizations committed to making a difference for veterans and military families. Visit vets.syr.edu for more information. Follow the IVMF on Facebook, Twitter, Google+, VetNet and LinkedIn.