Explore the top 10 grants available for veterans starting a business in the United States. Find in-depth details on each program, including benefits, eligibility, and application links, to kickstart your entrepreneurial journey.
Veterans transitioning from military service to business ownership face unique challenges, including securing funding. To support these brave individuals, various grants and funding programs are specifically tailored to help veterans establish and grow their businesses. These grants are designed not only to provide financial aid but also to offer resources like mentorship, training, and access to networking opportunities.
In this comprehensive guide, we delve into the top 10 grants for veterans in the United States. Whether you’re a disabled veteran, a female entrepreneur, or looking for industry-specific opportunities, this article will help you understand your options and take the next step toward business success.
Quick Facts About Veteran Business Grants in USA
| Key Points | Details |
|---|---|
| Veterans can access free grants and resources. | Tailored funding programs are available to support veteran-owned businesses. |
| Special grants for disabled and female veterans. | Dedicated funding is available for specific demographics. |
| Application portals are easily accessible. | Direct links to apply for grants are included. |
| Eligibility varies per program. | Criteria often include veteran status, business plan, or location. |
Key Takeaways
- Veteran-specific grants ease the financial burden of starting a business.
- Additional resources, including training and mentorship, are often provided.
- Programs cater to diverse needs, from startup capital to industry-focused support.
List of Top 10 Grants for Veterans Starting a Business in USA
1. StreetShares Foundation Veteran Small Business Award
This award supports veteran entrepreneurs by providing financial assistance and valuable business resources. StreetShares Foundation aims to empower veterans, reservists, and their spouses to pursue their business aspirations.
Benefits:
- Grants range from $4,000 to $15,000 to fund business growth.
- Offers access to mentorship programs and business-building workshops.
Eligibility Criteria:
- Applicants must be U.S. veterans, reserve members, or military spouses.
- A well-detailed business plan is required to apply.
Application Portal:
https://streetsharesfoundation.org
2. Veteran Business Outreach Centers (VBOC) Grants
VBOCs, supported by the Small Business Administration (SBA), offer a mix of funding, training, and counseling to veteran entrepreneurs. These centers are designed to provide hands-on assistance to veterans transitioning into the business world.
Benefits:
- Free workshops and training sessions tailored to veterans’ business needs.
- Access to resources like business plan development and feasibility studies.
Eligibility Criteria:
- Available to veterans, transitioning service members, and their spouses.
- Applicants must demonstrate a desire to start or expand a business.
Application Portal:
3. Hivers and Strivers Angel Fund
Hivers and Strivers is a venture capital fund dedicated to supporting veteran-owned startups. Their primary focus is on high-growth businesses that require significant investment to scale.
Benefits:
- Equity investments between $250,000 and $1 million.
- Access to a network of seasoned investors and business leaders.
Eligibility Criteria:
- Applicants must be U.S. veterans planning to launch or grow a high-growth business.
- A strong business model and growth potential are key factors.
Application Portal:
4. Disabled Veteran Business Enterprise (DVBE) Grants
This grant program supports disabled veterans by providing funding and additional resources to help them start and grow their businesses. The program also offers certification to help veterans access government contracts.
Benefits:
- Access to grants, certification assistance, and business development resources.
- Special support for navigating government contracting opportunities.
Eligibility Criteria:
- Open to veterans with a service-connected disability.
- Proof of disability and veteran status is required.
Application Portal:
5. Warrior Rising Business Grants
Warrior Rising helps veterans and their families achieve financial independence through business ownership. Their program combines funding with practical tools and support to create sustainable businesses.
Benefits:
- Grants and loans to fund business startups.
- Access to mentorship programs, networking events, and training workshops.
Eligibility Criteria:
- Open to veterans and their immediate family members.
- Applicants must present a viable business plan or concept.
Application Portal:
6. Amber Grant for Women Veterans
This grant is exclusively for women entrepreneurs, including female veterans, to help fund their business ventures. Amber Grant stands out for its focus on empowering women with both financial support and recognition.
Benefits:
- Monthly grants of $10,000 with an annual grand prize of $25,000.
- Recognition as part of a supportive community for women entrepreneurs.
Eligibility Criteria:
- Open to U.S.-based women, including female veterans, who own small businesses.
- Applicants must provide a compelling story about their business and goals.
Application Portal:
https://ambergrantsforwomen.com
7. Operation First Step Veterans Program
This program helps veterans turn their business ideas into reality by offering step-by-step guidance and access to funding opportunities.
Benefits:
- Free workshops and mentorship tailored to veterans.
- Small startup grants and access to additional funding options.
Eligibility Criteria:
- Open to veterans and their spouses with a solid business idea.
- Commitment to completing the workshop series is required.
Application Portal:
https://operationfirststep.org
8. USDA Veteran Farmer Grant
The USDA offers specialized grants to veterans looking to start agricultural businesses. This initiative promotes sustainable farming and supports veterans transitioning into agribusiness.
Benefits:
- Grants up to $250,000 for farm setup and equipment purchases.
- Access to training programs and technical assistance.
Eligibility Criteria:
- Applicants must be veterans interested in farming or ranching.
- A detailed farming business plan is required.
Application Portal:
9. Veteran Institute for Procurement (VIP) Grants
The VIP program focuses on helping veteran-owned businesses win government contracts. Through specialized training, VIP equips veterans with the skills needed to succeed in the government contracting space.
Benefits:
- Free training and certification to enhance eligibility for government contracts.
- Networking opportunities with government officials and other veteran business owners.
Eligibility Criteria:
- Open to veteran business owners aiming to secure federal contracts.
- Must meet specific government procurement requirements.
Application Portal:
10. SBA Office of Veterans Business Development Grants
The SBA’s Office of Veterans Business Development provides grants to fund training, workshops, and access to resources for veteran entrepreneurs.
Benefits:
- Financial aid for business planning and market research.
- Access to resources like mentorship and capital.
Eligibility Criteria:
- Available to veterans, reservists, and National Guard members.
- Applicants must demonstrate a clear business need.
Application Portal:
Conclusion
Veterans have unique advantages when starting a business, thanks to these targeted grants and resources. By leveraging the opportunities outlined in this guide, you can secure funding, gain valuable mentorship, and set your business on a path to success. Take action today by exploring the programs and preparing a compelling application to make your entrepreneurial dreams a reality.
FAQs
1. What are the best grants for veterans starting a business in 2025?
Some of the top grants include the StreetShares Foundation Award, Warrior Rising Grants, and Amber Grant for Women Veterans.
2. How can disabled veterans access business grants?
Programs like the Disabled Veteran Business Enterprise (DVBE) offer funding and additional resources specifically for disabled veterans.
3. Are there grants specifically for female veterans?
Yes, the Amber Grant for Women and SBA programs support female veterans in business ownership.
4. Can veterans get free LLC formation in the USA?
In some states, veterans are eligible for waived LLC registration fees. Check your local state resources for details.
5. Do these grants require repayment?
No, grants are non-repayable funds provided to support businesses, unlike loans.
For additional support, visit https://sba.gov/veterans.
