Veteran Owned Business

Veteran-owned businesses are generally owned by older veterans. As they age out of the workforce, the number of veteran firms is decreasing. From 2014 to 2020, veteran ownership declined from 11% of businesses to 8.1% of businesses. At the…

Advocacy has released its newest infographic spotlighting veteran-owned businesses. Veterans own almost two million businesses and employ over five million Americans. The infographic uses the most recent Census Bureau data to show the…

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 …

In December 2018, the Office of Advocacy published a fact sheet titled “Small Business Facts: Spotlight on Veteran-Owned Employer Businesses,” written by Nora Esposito, Economic Research Fellow. The fact sheet provides general information…