A new pilot program by the U.S. Small Business Administration aims to help veterans become entrepreneurs. Camp Pendleton is one of four Marine bases where the pilot program will get its start, according to the Department of Defense.
The other Marine bases chosen for Operation Boots to Business: From Service to Startup are Twentynine Palms, Cherry Point in North Carolina, and Quantico in Virginia.
The goal of Operation Boots to Business is to give veterans who want to start a small business of their own the training and resources to do so.
According to the DoD, Operation Boots to Business has four phases:
-- Exposure to entrepreneurship as a potential career path, which will be offered to all service members leaving the military;
-- In-person and interactive classroom training;
-- A feasibility analysis for potential business plans; and
-- An eight-week online course outlining the basics of business ownership.
SBA Administrator Karen G. Mills says a quarter of U.S. veterans have indicated they'd like to start or buy their own business.