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Apply for the Veteran Small Business Award

Apply for the Veteran Small Business Award

Complete the Form Below

We're looking forward to learning about you and your business. Good luck!

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Veteran Small Business Awards

AWARDS

Three awards will be given each month:

1st Place: $5,000

2nd Place: $3,000

3rd Place: $2,000

Veteran Small Business Award Eligibility

ELIGIBILITY

  • Applicant must be a veteran, reserve or active duty member of any of the United States Armed Forces, OR a spouse of a military member or veteran
  • The owner must be a U.S. citizen and at least 21 years old
  • Must be a legal entity as a sole proprietorship or legally incorporated LLC, S-Corp, or C-Corp (or formal partnership) under the laws of any U.S. jurisdiction or a legal 501(c)(3) nonprofit
  • Must be at least 51 percent owned by the military applicant
  • Must be able to prove military spouse status
Veteran Small Business Award - Selection Process

SELECTION PROCESS

Applicants qualify and apply.

After applicants have been submitted for the month, the Foundation will choose 5-10 finalists. Based on five criteria below:

  1. Business idea
  2. Use of award funds and potential impact
  3. Product-market fit
  4. Team and company history
  5. Influence of the business on the military and veterans community

Finalist profiles are then posted on the Foundation website for public vote to determine the 1st, 2nd, and 3rd place awards.  

Please see full award rules, terms, and conditions. 

 

Veteran Small Business Award - Deadlines

DEADLINES

Our award program runs monthly. Deadline is the last day of each month. The Foundation will select the 5-10 finalists. The finalists will be presented  on the Foundation website for a public vote mid-month. The winners will be announced a couple of days later.

June 2017 Award

We're now accepting submissions for the June 2017 Award. Deadline is May 31.

The most important impact the Award had on me was directly due to the feeling that someone actually believed in me and my ability to grow my company in to something that will create jobs and opportunities for veterans, military spouses and moms in general. Something changed in me that day, I finally had a little capital to hire a franchise consultant and one year later I was able to sell my first franchise!

Angela Cody, USAF Veteran and Owner Major Mom, a home organization franchise business

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This award provided a great social media opportunity. We were recognized by two other organizations, Colorado CleanTech Industries Association and the State of Colorado. Since we received the award, we've hired four other employees and two of them are Veterans.

Dennis Roark, U.S. Army Veteran and CEO Terra Ferma Inc., a provider of power and communications systems to the world’s most isolated locations

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Dennis Roark, U.S. Army Veteran and CEO
With the award, we were able to build and launch our new website and sales doubled in ONE month. Without this award, I can confidently say that we would no longer be in business. Because of it, we have created books for almost 2,000 military families and helped them explain deployments to their young children.

Bridget Platt, Marine Corps Spouse and CEO Daddy’s Deployed, a personalized children’s book company for military families

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Bridget Platt, Marine Corps Spouse and CEO

Frequently Asked Questions

[fa icon="plus-square"] Do I have to be a veteran? What are the business requirements?

You don't necessarily have to be a veteran. If you fall under any of the below, you are eligible to apply. 

  • Veteran of any of the United States Armed Forces
  • Reserve of any of the United States Armed Forces
  • Active duty member of any of the United States Armed Forces
  • Spouse of a military member or veteran

What requirements must my business meet?

  • The owner must be a U.S. citizen and at least 21 years old
  • Your business must be a legal entity as a sole proprietorship or legally incorporated LLC,
    S-Corp, or C-Corp (or formal partnership) under the laws of any U.S. jurisdiction
  • Your business must be at least 50 percent owned by the military applicant
[fa icon="plus-square"] When is the deadline to apply?

Our award program runs monthly. Deadline is the last day of each month. The Foundation will select the 5-10 finalists. The finalists will be presented on the Foundation website for a public vote mid-month. The winners will be announced a couple of days later.

 

[fa icon="plus-square"] How much is the award? When will it be given?

Three winners will earn an award each month. First place will receive $5,000. Second place will receive $3,000. Third place will receive $2,000.

Awards will take place on a repeating schedule, approximatley monthly. 

[fa icon="plus-square"] Who determines the winners and how are they selected?

Once all businesses have been submitted for the month, the Foundation will choose the finalists, which could be betweeen 5 to 10 businesses (depending on the number of applicants). Voting will be based on a weighted scale of five criteria:

  1. Your business idea
  2. What customer need are you filling (product-market fit)
  3. Your team and history
  4. How you plan to use the award and the potential impact
  5. The influence of your business on the military and veterans community 

The Foundation will announce the finalists on the Foundation Website and allow the public to vote for their favorite business. This gives each finalist the opportunity to share and to get as many votes as they can!

[fa icon="plus-square"] Award and Voting Rules, Terms, and Conditions
[fa icon="plus-square"] How do I create a video to submit?

You can create a video through your computer or phone. Please keep it under two minutes. You will be judged on your:

  1. Your business idea
  2. What customer need are you filling (product-market fit)
  3. Your team and history
  4. How you plan to use the award and the potential impact
  5. The influence of your business on the military and veterans community 

Upload your video to YouTube or another online video sharing service and share the url on the application form.