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Institute for Veterans and Military Families

2024

Entrepreneurship

Articles 1 - 2 of 2

Full-Text Articles in Public Affairs, Public Policy and Public Administration

2022 National Survey Of Military-Affiliated Entrepreneurs: Military Spouse Entrepreneurs, Institute For Veterans And Military Families At Syracuse University May 2024

2022 National Survey Of Military-Affiliated Entrepreneurs: Military Spouse Entrepreneurs, Institute For Veterans And Military Families At Syracuse University

Institute for Veterans and Military Families

The 2022 National Survey of Military-Affiliated Entrepreneurs provides detailed insights into the experiences and challenges of military spouse entrepreneurs. In this brief, “military spouse” includes spouses/partners of active duty, National Guard, and Reserve servicemembers, as well as spouses/partners of veterans and retirees. However, we acknowledge that the differences between all of these groups are great, and their unique circumstances vary greatly. These findings are based on the data collected from 243 current business owners who self-identify as a military spouse. The findings highlight robust entrepreneurial activity among military spouses, while also pointing to the critical support needed to ensure their …


Military-Connected Small Business Profiles: Access To Capital And Resources Across Revenue Stages, Rosalinda V. Maury, Adam Pritchard Mar 2024

Military-Connected Small Business Profiles: Access To Capital And Resources Across Revenue Stages, Rosalinda V. Maury, Adam Pritchard

Institute for Veterans and Military Families

This research brief presents a thorough analysis of the military-connected entrepreneurship ecosystem, detailing the progression of business development from inception to sustainability. Leveraging data from the NSMAE and bolstered by generous financial support from Walmart, it outlines the specific challenges and growth opportunities faced by military-affiliated small businesses. These challenges include navigating access to capital, overcoming operational hurdles, and seizing growth opportunities. This brief categorizes businesses into five stages—Foundational, Startup/Launch, Growth, Acceleration, and Sustainability—characterized by distinct financial conditions, operational challenges, and resource management strategies.