BELOW SUPERNAV drop zone ⇩

Veteran Business Project guides heroes in entrepreneurship

  • A nonprofit offers veterans mentorship and resources needed to start a business
  • Veterans can match with existing business owners through a “V-Harmony” model
  • "We put people in business," said Lynn Lowder, the nonprofit's CEO

MAIN AREA TOP drop zone ⇩

MAIN AREA TOP drop zone ⇩

ovp test

mLife Diagnostics LLC: Oral Fluid Drug Testing

Male shot by female at Shreveport apartment

Class to create biodiverse backyard

Rules for outbursts at Caddo School Board Meeting

AUTO TEST CUSTOM HTML 20241114185800

AUTO TEST CUSTOM HTML 20241115200405

AUTO TEST CUSTOM HTML 20241118165728

AUTO TEST CUSTOM HTML 20241118184948

CHICAGO (NewsNation) — The Veteran Business Project has helped hundreds of our nation’s former military personnel grow their small businesses after they leave the service.

The nonprofit provides veterans with the mentorship and resources they need to succeed when growing their businesses.

Lynn Lowder, co-founder and CEO of the Veteran Business Project and also a Vietnam veteran, said the organization established a business model called “V-Harmony,” in which veterans and military spouses that want to become small business owners can match with existing business owners who are looking to divest in their businesses. The business model was modeled after the famous eHarmony dating site.

Lowder said there are about seven steps in the process, starting with looking for the business and going all the way through buying and selling the business.

“We establish a one-on-one relationship between the veteran or military spouse and a seasoned, experienced entrepreneur who’s done exactly what it is that they are looking to do,” he said.

Lowder explained that veterans have a history of starting successful businesses after their time serving the country. Two businesses successfully supported by the nonprofit include Chicago Fire Boat Tours and Korner Beehive, located in Villa Grove, Illinois.

The nonprofit, said Lowder, has been principally self-funded by the co-founders, including himself and Dale Eisenberg. However, this year, the Veteran Business Project received a $1 million donation from the Duchossois Family Foundation.

To learn more about the Veteran Business Project, visit their website here.

Home of the Brave

Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed

Site Settings Survey

 

MAIN AREA MIDDLE drop zone ⇩

Trending on NewsNation

AUTO TEST CUSTOM HTML 20241119133138

MAIN AREA BOTTOM drop zone ⇩

tt

KC Chiefs parade shooting: 1 dead, 21 shot including 9 kids | Morning in America

Witness of Chiefs parade shooting describes suspect | Banfield

Kansas City Chiefs parade shooting: Mom of 2 dead, over 20 shot | Banfield

WWE star Ashley Massaro 'threatened' by board to keep quiet about alleged rape: Friend | Banfield

Friend of WWE star: Ashley Massaro 'spent hours' sobbing after alleged rape | Banfield

Light Rain

la

57°F Light Rain Feels like 57°
Wind
3 mph SSW
Humidity
94%
Sunrise
Sunset

Tonight

Cloudy. Low 52F. Winds light and variable.
52°F Cloudy. Low 52F. Winds light and variable.
Wind
2 mph W
Precip
11%
Sunset
Moon Phase
Waning Crescent