Access to Money Is Still the Top Challenge for Veteran Entrepreneurs, New Study Shows

Blake Stilwell is a columnist for Military.com.

In the more than two years since the start of the global COVID-19 pandemic, veteran entrepreneurs and military-affiliated businesses are showing many of the same challenges that face businesses nationwide.

Although many veterans were able to adapt their businesses in some way to pandemic-related restrictions, finding good employees and the loss of regular customers still creates issues for many of those businesses, according to a recently released study from Syracuse University’s Institute for Veterans and Military Families (IVMF).

But perhaps most importantly, the 2021 National Survey of Military Affiliated Entrepreneurs, released in April 2022, also reveals that access to capital is still the top barrier facing new and existing veteran-owned businesses.

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