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Veteran Entrepreneurs Gather at UCONN for Business Bootcamp

October 1, 2015

Veteran Entrepreneurs Gather at UCONN for Business Bootcamp


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UConn will host a new class of post-9/11 veterans this weekend for the sixth-annual Entrepreneurship Bootcamp for Veterans with Disabilities (EBV) program. The program, offered at no cost to participants, leverages the resources and infrastructure of higher education and specifically of the world-class faculty of the UConn School of Business, to provide veterans with service-connected disabilities with the cutting-edge training in entrepreneurship and small-business management necessary to pursue their dreams of owning a business. The UConn EBV class of 2015 includes 25 highly accomplished veterans.

Offered in three phases, the 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 examine business feasibility, write business plans, raise capital, attract customers, develop a marketing strategy, and leverage collaborations in their communities. Participants spend their time on campus in classes, and breakout sessions, hearing from industry professionals about best practices that will help them start a business and/or grow a current venture. The veterans arrive this year on Thursday October 1st, and graduate on Saturday October 11th.

A snapshot of the class of 2015:

This year’s class consists of 20 men and 5 women from 8 states across the country, including 13 from Connecticut and the other 12 participants traveling from as far as Arizona, Texas, and Washington.  They represent all branches of the military, having served in the U.S. Marine Corps, Navy, Air Force and Army. This year’s class includes one veteran awarded the Purple Heart, one Legion of Merit, and three who have been decorated for valor in combat. Nearly half (48%) have master’s degrees, and 92% have at least a bachelor’s degree. Nineteen have served in Iraq or Afghanistan, and 2 have served in other combat theaters. Each veteran admitted to the program has had an exemplary military career; many have been decorated for their bravery and accomplishments in service, and are recognized leaders in their respective areas of expertise.

Members of the 2015 class continue to thrive post military service, proving themselves in the classroom as well as in the world of entrepreneurship. Many of this year’s students have begun laying the foundation to launch a successful business venture. Regardless of their current stage of planning and launching a business venture, each member of the 2015 class has already demonstrated the drive, creativity and self-discipline needed to succeed in the demanding entrepreneurial world, this year’s class will use the EBV program to increase their skill set and make their dream of successful business ownership a reality. Learn more about the UConn EBV program at www.ebv.business.uconn.edu. Follow us on Twitter #UConnEBV.

How impactful are graduates of the national Entrepreneurship Bootcamp for Veterans with Disabilities (EBV) program?  The following results speak for themselves …

  • 1,236 EBV graduates/aspiring entrepreneurs trained;
  • $196 million (and growing) in revenue has been generated by EBV graduate businesses;
  • 68% of EBV graduates have started their own businesses; 92% of those are still in business today;
  • 1 out of every 4 EBV graduate businesses grosses over $100,000/year
  • 4.72 – The average number of people employed by an EBV graduate

About the Entrepreneurship Bootcamp of Veterans with Disabilities (EBV)

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 ten world-class schools offers the EBV nationwide through programs at the Whitman School of Management at Syracuse University; Anderson School of Management at the University of California, Los Angeles; College of Business at Florida State University; Mays Business School at Texas A&M University; Krannert School of Management at Purdue University; School of Business at the University of Connecticut; E.J. Ourso College of Business at Louisiana State University;  School of Hotel Administration at Cornell University; Haub School of Business at Saint Joseph’s University; and the Trulaske College of Business at the University of Missouri.

About the Institute for Veterans and Military Families (IVMF)

The IVMF is the first interdisciplinary national institute 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. Learn more about the IVMF at http://vets.syr.edu.

Media Contact:

Michael Zacchea, UConn EBV Director
Office (860) 728 – 2479        Cell (516) 728 – 5055
Email:   michael.zacchea@business.uconn.edu

 

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