Vets Working Hard As Entrepreneurs, Notes Veterans Disability Attorney
Northville, MI (Law Firm Newswire) April 5, 2013 - A nonprofit organization is working to connect returning vets with innovative investors and new companies.
A new nonprofit organization based in Milwaukee, with funds from the U.S. Department of Veterans Affairs’ innovation initiative, is supporting entrepreneurial vets.
"Veterans often are educated in the most cutting-edge technologies available," stated veterans disability attorney James Fausone. "And they have the discipline and drive to succeed."
The nonprofit, VETransfer, is working with current and returning veterans to help them find the funding and the support they need to launch start-up ventures. Cofounders Greg Meier and Nick Weichert believe in focusing on getting small businesses up and running by pairing them with entrepreneurial vets, and by equipping and financing vets with the resources they require to launch their own projects.
VETransfer does not provide companies or start-ups with the financing they need; they introduce the right clients to the right investors. They also provide free office space and Internet access, and the staff helps develop business plans and navigate regulations.
More than 400 vets have gone through the extensive program at VETransfer since 2011, working with everything from game developers to companies that specialize in frozen foods. While the actual jobs are, for now, based in Wisconsin, there are virtual classes that are utilized by vets across the U.S. The business incubator worked with more than 100 veterans in just the first four months it was running.
Founders Meier and Weichert reportedly are looking at how to expand the program to include more vets; more extensive virtual classes are being considered for areas with concentrated populations of vets, including California, Florida, Washington D.C. and Texas. With current estimates indicating that there will be at least one million vets in the U.S. by 2016, VETransfer is looking for additional funding sources, including grants and donations to help expand their program offerings.
While VETransfer does not and cannot guarantee the success of any venture, the founders are optimistic. So is the VA. Based on the success of VETransfer, the VA may be launching another business incubator in the next year via its innovation initiative funding program.
James G. Fausone is a Veterans disability attorney and Veterans attorney with Legal Help for Veterans, PLLC. To learn more or to contact a Veterans disability attorney or Veterans attorney call 1.800.693.4800 or visit http://www.legalhelpforveterans.com.
Legal Help for Veterans, PLLC
41700 West Six Mile Road, Suite 101
Northville, MI 48168
Toll Free Phone: 800.693.4800
- House approves bill to fast-track firing of VA employees
The House recently passed a bill that would make it easier for the Department of Veterans Affairs (VA) to fire problem workers for misconduct or poor performance. Unlike past VA accountability legislation, the latest proposal would fast-track discipline against all department employees, especially senior executives. House Veterans Affairs Committee Chairman Jeff Miller, R-Florida, introduced the […]
- VA Inpatient Psychiatric Hospitals Failing to Meet Quality Measures
A recent study by researchers at Harvard T.H. Chan School of Public Health has revealed more problems with the way hospitals run by the U.S. Department of Veterans Affairs are operating. This study looked at how well the VA, for-profit and non-profit hospitals, perform on quality measures for inpatient psychiatric care or Hospital-Based Inpatient Psychiatric […]
- VA watchdog uncovers errors in benefit payments to housebound veterans
The Department of Veterans Affairs (VA) watchdog revealed the agency withheld nearly $110 million in benefit payments from thousands of housebound veterans. The VA’s Office of Inspector General released the new findings after reviewing the VA’s benefits program for disabled veterans who are unable to leave home without assistance due to injury or illness. As […]
See other news sources publishing this article. BETA | Tags: attorney for veterans, lawyer for veterans, veteran attorney, veteran attorneys, veteran benefits attorney, veteran disability lawyer, veterans attorney, Veterans disability attorney