Since the 2022 Russian invasion, Ukraine’s veteran population has increased from roughly 500,000 to over 1.2 million and counting, yet the country’s ability to support its servicemembers has declined due to the war’s impact on the economy and infrastructure. Two…
Nearly 30 Veterans Complete Veteran Entrepreneurship Program
Twenty-eight veterans, from 16 states and Puerto Rico, spent last week attending classes, networking events and presentations, learning the fundamentals of running a business from accomplished entrepreneurs and professors as part of the Entrepreneurship Bootcamp for Veterans (EBV), powered by the Institute for Veterans and Military Families (IVMF).
The nine-day, no-cost to veterans intensive on starting and building a business is part of the IVMF’s arsenal of entrepreneurship programs designed to meet veterans and their families where they are on their entrepreneurial journey. Vice Chancellor and founder/director of the IVMF, Mike Haynie, founded EBV in 2007 with the Martin J. Whitman School of Management.
The courses cover a comprehensive range of topics, from financing and accounting to legal issues, marketing, human resources and more. Program speakers included:
- Mike Haynie, vice chancellor at Syracuse University and founder/director of the Institute for Veterans and Military Families
- Patrick Murphy, director, Veterans Services, St. Joseph’s University
- John Stage, owner, Dinosaur Bar-B-Que, Apizza Regionale
- Emilio Ragosa, partner, DLA Piper Global Law Firm
- Misty Stutsman, director, Center of Excellence for Veteran Entrepreneurship, Institute for Veterans and Military Families, Syracuse University
“Veterans’ military experience uniquely positions them to succeed as entrepreneurs,” says Haynie. “We are proud to leverage all the Syracuse community has to offer our veteran entrepreneurs—the business experience of the Whitman School, the entrepreneurial expertise of the IVMF, and the local business network in CNY—to position them to live the very American dream they fought to protect.”
Since its inception, EBV has expanded to a consortium of ten schools across the country and has graduated over 1,600 aspiring entrepreneurs. Of those 1,600, 72 percent have gone on to start their own business and 92 percent of those are still in business. In total, EBV graduates have generated over $300 million through their business ventures.