Author(s)/Creator(s)

Rosalinda V. Maury
Adam Pritchard

Description/Abstract

This research brief presents a thorough analysis of the military-connected entrepreneurship ecosystem, detailing the progression of business development from inception to sustainability. Leveraging data from the NSMAE and bolstered by generous financial support from Walmart, it outlines the specific challenges and growth opportunities faced by military-affiliated small businesses. These challenges include navigating access to capital, overcoming operational hurdles, and seizing growth opportunities. This brief categorizes businesses into five stages—Foundational, Startup/Launch, Growth, Acceleration, and Sustainability—characterized by distinct financial conditions, operational challenges, and resource management strategies.

Document Type

Brief

Disciplines

Military and Veterans Studies

Extent

12 pages

DCMI Type

Text

Keywords

Entrepreneurship, Capital access, Startup, Growth

Publisher

Institute for Veterans and Military Families at Syracuse University

Date

3-2024

Language

English

Creative Commons License

Creative Commons Attribution 4.0 International License
This work is licensed under a Creative Commons Attribution 4.0 International License.

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