Skip to main content
  • Home
  • About
  • Faculty Experts
  • For The Media
  • Videos
  • Topics
    • Alumni
    • Events
    • Faculty
    • Library
    • Research
    • Students
    • All Topics
  • Contact
  • Submit
Veterans
  • All News
  • Arts & Culture
  • Business & Economy
  • Campus & Community
  • Health & Society
  • Media, Law & Policy
  • STEM
  • Veterans
  • |
  • Alumni
  • The Peel
  • Athletics
Sections
  • All News
  • Arts & Culture
  • Business & Economy
  • Campus & Community
  • Health & Society
  • Media, Law & Policy
  • STEM
  • Veterans
  • |
  • Alumni
  • The Peel
  • Athletics
  • Home
  • About
  • Faculty Experts
  • For The Media
  • Videos
  • Topics
    • Alumni
    • Events
    • Faculty
    • Library
    • Research
    • Students
    • All Topics
  • Contact
  • Submit
Veterans

First Data Chairman, CEO Frank Bisignano Announces $7 Million Partnership with IVMF

Tuesday, February 17, 2015, By News Staff
Share

First Data, the global leader in payments technology and services solutions, today announced a new seven-year, $7 million commitment to the Institute for Veterans and Military Families (IVMF) to fund education, research, training and opportunities for transitioning veterans entering the business community. This funding will directly support innovative programs designed specifically for transitioning military service members, and veteran and military spouse small business owners.

Representatives from First Data present the check for their $7 million donation to IVMF during the SU men's basketball game against Duke on Saturday.

Representatives from First Data present the check for their $7 million donation to IVMF during the SU men’s basketball game against Duke on Saturday.

“First Data is deeply committed to supporting the military and veteran community in everything from employment opportunities to offering a wide array of resources to veteran entrepreneurs,” says Frank Bisignano, First Data chairman and CEO. “This partnership with the Institute for Veterans and Military Families will provide thousands of new veteran and military spouse entrepreneurs with exceptional education, training and resource opportunities to help them build their businesses.”

The IVMF partnership is part of the company’s larger commitment to the military community as part of First Data Salutes, an initiative dedicated to making the company an employer of choice for veterans and military spouses, and a provider of a comprehensive suite of business solutions for veteran-owned businesses.

“Veterans represent 6 percent of the U.S. population, but account for 13.5 percent of U.S. Small Businesses,” says J. Michael Haynie, executive director of the IVMF and vice chancellor for veterans and military affairs at the University. “Given First Data’s millions of small business customers and incredible commitment to the military community, we believe this partnership will have long-lasting impacts on research, programming and education in veteran entrepreneurship.”

In 2014, First Data’s veteran and military spouse new hires increased from 2 percent to 10 percent. In addition, the company, a recipient of the Secretary of Defense Employer Support Freedom Award, recommitted to a Statement of Support with the Defense Department’s Employer Support of the Guard and Reserve, reaffirming the company’s pledge to encourage increased hiring of service members in the Guard and Reserve.

First Data Donates $7 Million to IVMF from Syracuse University News on Vimeo.

 

  • Author

News Staff

  • Recent
  • Data Tool Expands Support of News Text Mining
    Wednesday, February 24, 2021, By Cristina Hatem
  • Boost Your Immune System With These Expert Tips (and Recipes!)
    Wednesday, February 24, 2021, By News Staff
  • March 1: Annual Disability Day of Mourning
    Wednesday, February 24, 2021, By Gabrielle Lake
  • What Faculty and Staff Can Discover at the Transformed Schine Student Center
    Wednesday, February 24, 2021, By Maria Damiano
  • Two Faculty Members Elected to the Provost’s Advisory Committee on Promotion and Tenure
    Tuesday, February 23, 2021, By News Staff

More In Veterans

New Video Series and Website Aim to Improve Military-Connected Students Experience in Job Market

While there are many programs to help translate military skills, there are few that support veterans in learning to communicate that translation effectively. To address this issue, Veteran Career Services in the Office of Veterans and Military Affairs (OVMA) has…

‘Make ‘Garage-Gate’ Matter’

  J. Michael Haynie, vice chancellor for strategic initiatives and innovation and founder and executive director of the Institute for Veterans and Military Families, wrote an op-ed for the Washington Examiner: “Make ‘Garage-Gate’ Matter.” Haynie recently spoke with Lauren Schellin,…

Application Cycle Now Open for the Tillman Scholar Program

The Pat Tillman Foundation (PTF) unites and empowers remarkable military service members, veterans and spouses as the next generation of public and private sector leaders committed to service beyond self. PTF has opened the application process for the Tillman Scholar…

‘What Today’s Veterans Should Know About Entrepreneurship’

Rosalinda Maury, director of applied research and analytics at the Institute for Veterans and Military Families (IVMF), wrote an op-ed for Military.com titled “What Today’s Veterans Should Know About Entrepreneurship.” Maury leads research at IVMF aimed at better understanding the…

IVMF Advisory Board Welcomes New Additions

The Institute for Veterans and Military Families (IVMF) has announced two new members to its advisory board with the appointments of Mark Elliott, global head of military and veterans affairs for JPMorgan Chase—IVMF’s founding partner—and Ken Fisher, co-managing partner of…

Subscribe to SU Today

If you need help with your subscription, contact sunews@syr.edu.

Connect With Us

  • Twitter
  • Facebook
  • Instagram
  • Youtube
  • LinkedIn
Social Media Directory

For the Media

Find an Expert Follow @SyracuseUNews
  • Facebook
  • Instagram
  • Youtube
  • LinkedIn
  • @SyracuseU
  • @SyracuseUNews
  • @SUCampus
  • Social Media Directory
  • Accessibility
  • Privacy
  • Campus Status
  • Syracuse.edu
© 2021 Syracuse University News. All Rights Reserved.