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Full-Text Articles in Social and Behavioral Sciences
Military-Connected Small Business Profiles: Access To Capital And Resources Across Revenue Stages, Rosalinda V. Maury, Adam Pritchard
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.