Editorial: Veteran-Owned Businesses In Texas
This week we celebrate the National Veterans Small Business Week (October 30 – November 3rd). The veteran population in Texas is around 1,583,272 (*Department of Veterans Affairs). Veterans are 45% more likely to be self-employed than non-veterans.
Veteran Owned Businesses (VOB) are flying below the radar. Startups in manufacturing, food and beverage, security, fitness and other industries are popping everywhere in Texas. VOBs are growing and creating jobs in our own backyard. Up to now there are 2,540,706 veteran-owned businesses in the US, 215,217 are located in Texas (8.47%).
There are many resources available not only to the veterans but also for the veteran and military spouses who are business owners. “Pitch Competitions” like the “Salute to Veteran Event” are becoming trendy and definitely a significant way to accelerate VOBs in the startup arena.
The Houston District office of the Small Business Administration (SBA) organized a forum, the “Veteran Resource Day” to share about opportunities and services available. Two takeaways from this event:
- Veteran Entrepreneurs have a STRONG Support System, and more is available for Disabled Veterans or Women Veterans. (Capital access, Contracting, and Consulting)
- You need to know and own your pitch. When visiting any of the organizations available you need to know who you are, what you are doing, and what you need.
Texas On The GO is committed to help and support veterans and military spouse business owners by offering our Content Hub with resources available at the Federal and State level.
We understand that it can be difficult to start, grow and expand a business. With Texas On The GO, you can focus on your dream, and we can help you with your business.