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About VBOI

Our History

The Veteran Business Owners Initiative (VBOI) was established to assist veterans facing physical and emotional challenges run successful ventures. This organization offers an organized environment to support the program’s members at all levels of business development, from business plan creation to running daily operations. While veterans involved in this peer support group have proven their willingness to succeed as business-owners, various members have reached the point of being ready to launch or grow their businesses but have been held back by the lack of accessible financing options.

The group, which is run by veterans for veterans, holds biweekly meetings in which members participate in discussions of their businesses’ progress. This association was created in 2004 at the Bedford, Massachusetts location of the Veterans’ Health Administration with the purpose of helping veterans expand employment opportunities beyond the realm of the typical low-wage, low-commitment jobs offered to veterans with disabilities. The Initiative has since developed the Business Gym, an eighteen week program that teaches fundamental business concepts and tools, the Veteran Business Owners Association (VBOA), a business development support group, and most current, the Empowerment Bank. Learn more about our programs here.

The Empowerment Bank is a non-profit organization created to fund the entrepreneurial ventures of veterans by providing them access to micro-loans. The Veteran Business Owners Association (VBOA), is the umbrella association under which the Empowerment Bank exists.

In point of fact, while all this was going on, we found our veteran members were getting better; feeling good about themselves and engaging each other and the full society around them very successfully. Many achievements have been noted, businesses have made money, full time jobs have been taken, enrollment to higher education and healthy new relationships have been started, including engagements of which we are very proud. With determination and thoughtful planning, we are optimistic about the future of this program and our role as veterans helping veterans to do more than overcome— to excel at whatever goals we choose for ourselves!

See our flyer here (PDF)

VBOI Business leaders
The governing board of the VBOI is joined by VA staff member and advisor, Jerry Pinsky.

Our Mission

The Veteran Business Owners Initiative (VBOI) believes that the qualities that make a good warrior also make a good entrepreneur. VBOI is a group of organizations and programs to assist veterans as they develop and manage their own successful businesses. VBOI provides tools and support to leverage the skills and interest of veterans as they become business leaders in their communities.

Solid Success

VBOI Success Stories

Success Stories:
Our members have achieved success in a variety of different businesses. Learn more

 

VBOI awards

Awards:
VBOI and its members have received numerous awards. Learn more

 

video testimonials about VBOI

Testimonials
Watch our video testimonials from Business Gym graduates here!

 

Our Future

We need to gain recognition of our program nationally. If we can get the support of the VA, DOD, the Executive or Congress we can, if asked, repeat these proven efforts all over the country. If they will give us their help, we have the strength and knowledge to put the VBOI throughout this great nation. Hundreds if not thousands of veteran owned businesses can be started everywhere. If you have the power to help or to send a message to those who can, please do!

 

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