A Business Incubator Gives Funding And Jobs To Vets

"So many kids … are disabled, so many kids [come] back unemployed and they volunteered to fight for what we have here — and them coming back unemployed isn’t fair."

– John Miller, a Marine Corps veteran and founder of Illumatek

As the U.S. winds down military operations in Iraq and Afghanistan and troops come home, many are eager to start work in the civilian sector. But it’s been tough: The federal government reports the unemployment rate for young veterans has hovered around 30 percent this year.

Faced with this grim statistic, a new group based in Milwaukee, Wis., called VETransfer is helping veterans start their own businesses. It aims to connect veteran entrepreneurs to financing and equipping them with the resources and knowledge to get their venture off the ground.

by Erin Toner

Full Story: http://www.npr.org/2011/10/25/141092122/a-business-incubator-gives-funding-and-jobs-to-vets