SYRACUSE, NY, Sept. 30, 2016 –The Entrepreneurship for Bootcamp for Veterans with Disabilities (EBV), a program of the IVMF, has been selected by the U.S. Small Business Administration (SBA) as one of four recipients of the Service-Disabled Veteran Entrepreneurship Training Program (SDVETP) grant. The $100,000 grant, offered by the SBA’s Office of Veteran Business Development, assists with providing entrepreneurial training to service-disabled veterans interested in starting or growing a small business.
“The EBV creates a path to entrepreneurship that allows veterans and military family members to be in control of their futures. It is part of a larger platform of IVMF programs designed to advance the post-service opportunity for veterans and their families,” said Dr. Mike Haynie, Syracuse University’s Vice Chancellor and IVMF Executive Director.
Currently celebrating its ten-year anniversary, the EBV is an innovative, experiential entrepreneurship and small business management training targeted to post-9/11 veterans with service-connected disabilities and military family members who serve in a caregiver role to a veteran with a service-connected disability. The program has led the way for subsequent entrepreneurship programs in the field. Offered at no charge to participants, it centers on an innovative three-phase curriculum innovative curriculum emphasizing training and support:
- Phase 1 – a 30-day instructor-led, online course focused on basic skills of entrepreneurship
- Phase 2 – nine days of classes on-site at a designated EBV university where students are exposed to accomplished entrepreneurs and entrepreneurship educators
- Phase 3 – 12 months of post-program support and mentorship delivered through the EBV Technical Assistance Program (EBV-TAP), a comprehensive network of mentors, resources and national partnerships
As of September 2016, over 1,200 service-disabled veterans have completed all phases of the EBV training with the program demonstrating its value: 70 percent of EBV graduates have started their own businesses following their training and 91 percent of graduates actively make use of the EBV Technical Assistance Program. With such a large number of graduates at all stages of venture development, peer-to-peer support is easily accessed through the EBV National Alumni Network.
“The SBA looks forward to working with The Entrepreneurship Bootcamp for Veterans with Disabilities and the other grant awardees to create opportunities for service-disabled veterans and their families who seek to start or grow a small business,” said Barbara Carson, Associate Administrator, SBA Office of Veterans Business Development, “SDVETP grantees join SBA’s vast network of resources that empower veterans, service-disabled veterans, National Guard and Reserve service members and military spouse entrepreneurs.”
“The SBA grant reinforces the work we are doing through the EBV consortium of schools to
support and empower veteran entrepreneurs,” said Tina Kapral, Senior Director, Education and Training. The consortium represents the first major partnership of America’s schools and colleges of business since World War II, formed with the express purpose of serving military veterans. They include Syracuse University, UCLA’s Anderson School of Management, Florida State University’s College of Business, Mays School of Business at Texas A&M University, Purdue University, University of Connecticut, the E.J. Ourso College of Business at Louisiana State University, Cornell University, St. Joseph’s University and University of Missouri.
The SDVETP grant is open to eligible institutions of higher learning, private organizations or businesses, non-profit community-based organizations, state, local or tribal governmental agencies and non-profit organizations. The initial award is for 12 months. At the end of the initial grant period, the SBA and the awardees have the option to continue the grant, for up to two additional years.
Visit vets.syr.edu to learn more about additional opportunities for veterans available through the IVMF.
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Director, Residency Programs Institute for Veterans and Military Families at Syracuse University
Institute for Veterans and Military Families at Syracuse University
Director, Policy and Engagement
Office of Veterans Business Development
U.S. Small Business Administration
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. Supported by a world-class advisory board and public and private partners committed to advancing the post-service lives of America’s service members, veterans and their families, the IVMF delivers class-leading programs in career, vocations, and entrepreneurship education and training. The IVMF also provides actionable and national impacting research, policy analysis and program evaluation; coordinates comprehensive collective impact strategies; and works with communities and non-profits to enhance service delivery for veterans and their families. Read more at vets.syr.edu.
About the Entrepreneurship Bootcamp for Veterans with Disabilities (EBV) program
The Entrepreneurship Bootcamp for Veterans with Disabilities (EBV) program is a first-of-its-kind initiative that turns veterans into entrepreneurs. The EBV program, delivered by the Institute for Veterans and Military Families (IVMF) at Syracuse University, leverages the skills, resources and infrastructure of higher education to offer cutting-edge, experiential training in entrepreneurship and small business management to post-9/11 veterans with service-related disabilities. Learn more at ebv.vets.syr.edu.
About the U.S. Small Business Administration
The U.S. Small Business Administration (SBA) was created in 1953 and since January 13, 2012, has served as a Cabinet-level agency of the federal government to aid, counsel, assist and protect the interests of small business concerns, to preserve free competitive enterprise and to maintain and strengthen the overall economy of our nation. The SBA helps Americans start, build and grow businesses. Through an extensive network of field offices and partnerships with public and private organizations, the SBA delivers its services to people throughout the United States, Puerto Rico, the U.S. Virgin Islands and Guam. www.sba.gov.