After WWII 49% of the returning veterans started their own businesses triggering one of the greatest eras in our country’s economic expansion. If pending legislation is approved, veterans who want to start their own business would be able to use their G.I. Bill benefits to start a business if they chose not to use them for education
The Veterans Entrepreneurial Transition Act sponsored by Sens. Jerry Moran, R-Kans., and Jon Tester, D-Mont., won unanimous approval from the Senate Small Business and Entrepreneurship Committee. Staff for Moran and Tester said they both would be working during the August Congressional recess to rally support for passage by the full Senate.
“After serving our nation, many veterans want to continue their service by giving back to their communities as small business owners and entrepreneurs,” Moran said in a statement. “It’s common sense to give them more flexibility and choice in their benefits to achieve their goals.”
“Our commitment to the brave men and women who serve our nation doesn’t end when they return from war,” Tester said. “This bill will help veterans transition from the armed services to the private sector so they can succeed on Main Street.
For further details see Richard Sisk’s article in The Military Times.
Go to www.TADPGS.com, click on the “Looking for People” tab, then view “Veterans Solutions” to see more for information on our Veterans Solutions for Employers. Please join our LinkedIn group, Veterans Hiring Solutions for Veterans at http://linkd.in/Sg346w. If you have specific questions about hiring veterans or the incentives for doing so, contact me at [email protected].