2014-02-06 / News

Opportunites for vets to grow businesses will be available

LANSING – Entrepreneurial veterans have new opportunities to build or grow their small businesses in Michigan, based on details from Gov. Snyder’s State of the State address.

“If small businesses are the engine of our economy, veterans are the fuel,” said Ingrid Tighe, an employment analyst for the Michigan Veterans Affairs Agency. “Michigan’s focus on supporting small businesses and entrepreneurs is one more way we can bring and keep great veteran talent in our state.”

A 2011 Small Business Administration study found that veterans were at least 45 percent more likely to be self-employed compared to those with no activeduty military experience, making entrepreneurs an important segment of the veteran talent pool.

“Gov. Snyder highlighted the progress we have made as an agency and presented some new tools that will help us further our mission,” said MVAA Director Jeff Barnes. “I’m excited about his focus on talent because veterans bring a lot of talent to our state, and these new tools will help us get that talent to work.”

Gov. Snyder announced other key initiatives that will make Michigan attractive to veterans, including continuing efforts to connect job providers with talent, tax relief for families and improving education.

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