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Economic Studies

Millennial Veteran Entrepreneurship: Research on the Next Generation of Veteran Entrepreneurs

By Office of Advocacy

Historically, veterans have been more entrepreneurial than non-veterans. However, millennial veterans participate in entrepreneurship at a lower rate than millennial non-veterans.  Important demographic differences exist between entrepreneurial millennial veterans and older veterans. This study examines how millennial veteran entrepreneurs differ from their non-veteran peers and veterans of previous generations, finding that millennial veterans tend to be more diverse. Additionally, a larger share of millennial veterans are women. The analysis suggests that policymakers should address the gap in entrepreneurship for millennial veterans and tailor support to account for their changing demographics. 

Read “Millennial Veteran Entrepreneurship: Research on the Next Generation of Veteran Entrepreneurs” to learn more. 

Research Report

Research Summary

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For more information on programs to help veteran entrepreneurs, please see the following links: 

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Created by Congress in 1976, the Office of Advocacy of the U.S. Small Business Administration (SBA) is an independent voice for small business within the federal government.

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