NaVOBA employs several forms of outreach to galvanize the veteran business community.
Vetrepreneur® has been the anchor and voice of the veteran business movement since 2004, and is the official publication of NaVOBA. Vetrepreneur® is the only national magazine serving the needs of the nation’s 3 million vetrepreneurs.
SCORE, SBA, SBDC, PTAC, VBOC, FORTUNE 1000 Companies, Congress, VA Centers, national conferences such as WBENC, NMSDC, Veterans Conference and Hispanic Chambers, plus Veteran- and Service-Disabled Veteran-Owned Businesses all are a part of our community. All members receive Vetrepreneur® and have access to NaVOBA programs.
70% of Americans prefer to purchase from veteran-owned businesses if they could easily locate them. The “Veteran Owned Business” badge is the premier, verified, instantly-recognizable symbol identifying businesses as veteran-owned.
The bi-weekly member newsletter keeps the veteran business community up-to-date with the latest news, veteran events, NaVOBA members’ accomplishments, supplier diversity programs, and business opportunities.
Is your state vetrepreneur-friendly? NaVOBA is working with states across the country to generate legislation that creates opportunities for veteran-owned businesses. Our online State Tracker keeps you up-to-date on what’s happening in your state.
BuyVeteran.com enables Americans to find veteran-owned businesses anywhere by entering a ZIP code or product. From restaurants and accountants to landscapers and dentists, one can find veteran-owned businesses on Buy Veteran! Find veteran-owned businesses while on the road, too, with our mobile access.
THE VETERAN COMMUNITY IS RICH WITH DIVERSITY
The military may very well be the #1 producer of minority-owned businesses for years to come! Consider the current minority make-up of active duty military forces.
Now consider that about 400,000 troops leave the service each year. One in seven of those will become a business owner. The military will produce about 45,000* new minority-owned businesses per year…or about 1.35 million over a 30-year career!
Asian & other Minorities
THE BUSINESS CASE FOR USING VETREPRENEURS AS SUPPLIERS
SUPPLIER DIVERSITY OPPORTUNITIES
THE “STUFF” THAT MAKES THEM VETERANS JUST HAPPENS TO BE THE SAME “STUFF” THAT MAKES THEM GREAT BUSINESS OWNERS
Military training instills attributes like leadership, teamwork, discipline and ambition. Veterans, unlike any other diverse business group, come armed with an education and suite of professional skills. Veterans bring the value of this education and experience to your company as suppliers. The statistics capture the success of the veteran business community: 1 in 7 veterans owns a business while only 1 in 14 Americans owns a business.
There are 22.6 million veterans in this country, which is roughly 1 in 5 adult males. Add 20 million spouses and 55 million children and that number grows to 100 million, or 1/3 of the entire U.S. population! Americans, in today’s patriotic times, regardless of veteran status, look for companies that are military- and veteran-friendly.
Companies that establish proven pipelines of “renewable” talent will win. Those who don’t will be left behind. The military produces 400,000 new veterans each year, all of whom are armed with valuable skills that are expensive — if not impossible — to teach in a civilian setting. A veteran-friendly supplier diversity program helps you tap into this talent pool.
The federal government has mandated veteran-owned business usage since 1999, and many states and local governments now have similar requirements. A weak veteran supplier diversity program jeopardizes government contracts.
Buying from veteran-owned businesses, as opposed to outsourcing overseas, drives domestic economic growth. This creates incremental domestic wealth, income and jobs, which increase domestic consumer spending on your company’s own products and services.
In the May issue of Vetrepreneur my company was featured. Since then, we have quadrupled in size and started franchising. We now count some of our corporate clients as AT&T, MGM Resorts, GE, Waste Management, among others. We have also landed 100's of thousands of dollars in Federal contracts since that article was published.
Larry Curell, Better Deal Printing, LLC
I signed up for Buy Veteran as a show of solidarity with other veteran entrepreneurs. I believe, in my heart, that veteran entrepreneurs have a tremendous amount of value to add to their customers, their employees and their country through their current efforts. These are men and women that I was to be associated with. It strengthens us all.
Chris Cancialosi, Gotham Culture
CONNECT WITH THE VETEREN-OWNED BUSINESS COMMUNITY
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