» Vets Working Hard As Entrepreneurs, Notes Veterans Disability Attorney

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.

Legal Help for Veterans is a law firm helping veterans get the benefits they deserve.

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

  • Social Security blames VA for millions in improper payments to dead veterans
    A report from the Social Security Administration’s (SSA) inspector general revealed that more than $37 million in erroneous payments were issued to deceased veterans. Hundreds of veterans have continued to receive SSA benefits despite being dead for years. The audit found over 3,900 cases in which beneficiaries were still getting regular payments despite being listed […]
  • Watchdog warns VA about growing risk of opioid abuse among veterans
    A recently released government report is cautioning the Department of Veterans Affairs (VA) about the growing risk of opioid abuse among veterans. The VA Office of Inspector General urged the department to enhance the monitoring of opioid prescriptions to veterans from private-sector health care providers. The VA watchdog said veterans who use VA programs, like […]
  • Lawmakers say no to medical marijuana for veterans
    House Republicans have blocked a key amendment to legislation concerning medical marijuana use for veterans. The measure would have enabled patients to receive marijuana for pain relief through Department of Veterans Affairs (VA) doctors in states where its use has been legalized for medical purposes. Federal law currently bars VA doctors from recommending or even […]

See other news sources publishing this article. BETA | Tags: , , , , , , ,



Get headlines from Law Firm Newswire sent right to your inbox.

* indicates required