Veteran Loan Fund Surpasses $100 Million—A Defining Moment for Veteran Entrepreneurship
The Veteran Loan Fund has surpassed $100 million in small business lending nationwide, marking a defining milestone for veteran and military spouse entrepreneurship in the United States. Since launching in 2021, the fund has supported more than 1,350 veteran-owned businesses, helped create or retain over 7,500 jobs, and strengthened local economies through mission-driven capital, technical assistance, and cross-sector collaboration. As momentum builds with a new round of funding in 2026, this milestone underscores the growing recognition that investing in veteran entrepreneurs is not just a moral imperative—but an economic strategy.
A major milestone in veteran economic empowerment was reached this fall as the Veteran Loan Fund (VLF) announced it has surpassed $100 million in small business lending nationwide, supporting 1,350 veteran and military spouse entrepreneurs and helping create or retain more than 7,500 jobs since launching in 2021.
The announcement, led by PeopleFund, the managing member of the Veteran Loan Fund, underscores the growing national momentum behind veteran-owned businesses—and the power of coordinated public-private investment in those who served.
“This milestone is not just about capital deployed—it’s about confidence restored and opportunity unlocked,” said Angel Shuford, President of National Invest In Veterans Week®.
“When veterans and military spouses are given equitable access to capital and coaching, they don’t just build businesses—they strengthen local economies. The Veteran Loan Fund’s $100 million benchmark proves that veteran entrepreneurship is not a niche issue; it’s a national economic force.”
From Capital Gaps to National Impact
The Veteran Loan Fund brings together a nationwide network of Community Development Financial Institutions (CDFIs) and technical assistance partners to address long-standing barriers veterans face when seeking startup and growth capital. In addition to lending, veterans receive no-cost business coaching and education, regardless of whether a loan is awarded.
One example of the Fund’s impact is Sanford Sourdough Bakery in Round Rock, Texas. After being declined by traditional lenders, founders Meriann and Dave Sanford turned to PeopleFund for financing—first to open their bakery, and later to expand equipment and facilities, fueling growth and local job creation.
In October 2025, PeopleFund—supported by VLF and in partnership with the Veterans Business Outreach Center at UT Arlington and the Veteran Women’s Enterprise Center—graduated the first cohort of its Military-Connected Small Business Accelerator, further strengthening the pipeline from service to sustainable enterprise.
What Comes Next
Building on this momentum, the Veteran Loan Fund has launched its third $15 million round of funding, expected to support an additional 300 veteran-owned businesses in 2026.
As National Invest In Veterans Week® continues to elevate policies, partnerships, and platforms that drive veteran economic participation, milestones like this reinforce a clear truth: investing in veterans is not charity—it is smart economic strategy.
Learn more:
Veteran Loan Fund: https://www.veteranloanfund.com
PeopleFund: https://www.peoplefund.org
National Invest In Veterans Week®: https://www.investinveteransweek.com
Uniting Veterans: The Nationwide Initiative Powering Entrepreneurial Success
Introduction
Lonnell McCall II Leads as the Voice of National Invest In Veterans Week
Invest In Veterans Week is revolutionizing veteran support through a comprehensive, unified approach. By consolidating state-specific veteran resources into a central hub, this initiative significantly extends its reach and effectiveness, ensuring that veterans across the nation have equal access to essential tools, support, and community engagement opportunities.
Unified Access: A Central Hub for Nationwide Resources
Invest In Veterans Week has established a centralized platform where veterans from any state can access a vast array of resources tailored to their entrepreneurial and personal development needs. This unified approach guarantees that all veterans, regardless of their location, have equitable access to these opportunities.
From State to National: A Seamless Resource Network
LouisianaVeterans.com and Beyond: Veterans from Louisiana, Kansas, Rhode Island, and beyond now visit the central Invest In Veterans Week site for resources. This hub provides everything from local news and entrepreneurial insights to success stories and networking opportunities, services that were previously dispersed across various state-specific sites like KansasVeterans.com and RhodeIslandVeterans.com.
Expanding Reach: This centralization also includes resources for states like Delaware, Pennsylvania, and South Carolina, transforming how veterans access information and connect with one another. Regardless of their location, veterans can find resources specifically designed to help them succeed in diverse industries and community settings.
Spotlighting Success: Nationwide Veteran Entrepreneur Stories
With resources and stories centralized, Invest In Veterans Week is able to showcase successful veteran entrepreneurs from across the country in one accessible location. This collective storytelling not only serves to inspire but also educates other veterans about the potential paths and strategies for success in their own entrepreneurial journeys.
Enhanced Support and Streamlined Connections
The centralized platform simplifies the way veterans connect with resources and each other, enhancing the support network available to them. It facilitates streamlined communication and resource sharing across state lines, ensuring that all veterans receive the most effective support tailored to their specific needs.
A Call to Action: Engage with Our Unified Platform
Invest In Veterans Week encourages veterans and their supporters to engage with this unified platform, where they can access a consolidated array of resources, participate in community discussions, and forge connections with other veterans. This centralized approach not only simplifies access but also strengthens the community of veteran entrepreneurs by fostering a nationwide network of support and collaboration.
Conclusion
The transition to a centralized platform is a significant evolution in how veteran support is administered, enhancing inclusivity and accessibility. Invest In Veterans Week continues to serve as a beacon of hope and support for veterans across the United States, now with an even greater capacity to empower, educate, and unite veterans in their post-service lives.
Stay tuned to our magazine for ongoing coverage of how this innovative approach is reshaping veteran support and entrepreneurship, highlighting new opportunities and success stories from the veteran community.
Our Historic Network
U.S. Sites:
DelawareVeterans.com
KansasVeterans.com
SouthCarolinaVeterans.com
WyomingVeterans.com
MississippiVeterans.com
NewJerseyVeterans.com
WestVirginiaVeterans.com
TennesseeVeterans.com
RhodeIslandVeterans.com
PennsylvaniaVeterans.com
NorthDakotaVeterans.com
NewHampshireVeterans.com
LouisianaVeterans.com
FloridaVeterans.com
International Sites:
JapanVeterans.com
AustraliaVeterans.com
GermanyVeterans.com
UnitedKingdomVeterans.com
SouthKoreaVeterans.com
National Invest in Veterans Week® Celebrates Passage of Service-Disabled Veteran Opportunities in Small Business Act
As part of this year’s National Invest in Veterans Week® (NIVW) celebrations, Congressman Brian Mast, a long-time advocate for veterans, has proudly announced the unanimous passage of the Service-Disabled Veteran Opportunities in Small Business Act in the U.S. House of Representatives. This landmark legislation, strongly supported by NIVW, aims to provide essential federal guidance for service-disabled veteran-owned small businesses, driving growth and fostering new opportunities for veteran entrepreneurs.
FOR IMMEDIATE RELEASE
Washington, D.C. – As part of this year’s National Invest in Veterans Week® (NIVW) celebrations, Congressman Brian Mast, a long-time advocate for veterans, has proudly announced the unanimous passage of the Service-Disabled Veteran Opportunities in Small Business Act in the U.S. House of Representatives. This landmark legislation, strongly supported by NIVW, aims to provide essential federal guidance for service-disabled veteran-owned small businesses, driving growth and fostering new opportunities for veteran entrepreneurs.
“Congressman Mast has been an unwavering advocate for veterans throughout his career, and his leadership in securing the passage of this critical legislation reflects our shared dedication to ensuring the success of veteran-owned businesses,” said Jeff Shuford, co-founder of National Invest in Veterans Week®. “The Service-Disabled Veteran Opportunities in Small Business Act ensures that our veterans, who have already sacrificed so much, have the resources and support they need to thrive in the business world and continue serving their communities in new, impactful ways.”
National Invest in Veterans Week®, recognized by Congress, is focused on promoting and empowering veteran entrepreneurs across the nation. This new legislation aligns directly with NIVW’s mission to amplify veterans’ voices and provide the tools necessary for a successful transition from military service to business ownership.
For more information about National Invest in Veterans Week® and how to support veteran-owned businesses, visit https://mast.house.gov/2024/3/invest-in-america-invest-in-veterans or contact.
Media Contact:
Lonnell McCall II
Spokesperson
info@investinveteransweek.com
(301) 453-2801
About National Invest in Veterans Week®
National Invest in Veterans Week® (NIVW), co-founded by Jeff Shuford, is a congressionally recognized initiative dedicated to supporting veteran entrepreneurs. NIVW amplifies the voices of veterans, promotes veteran-owned businesses, and advocates for policies that facilitate their seamless transition into civilian life.
About Jeff Shuford's Family Congressional Recognitions
Jeff Shuford was entered into the Congressional Record in 2024 for founding National Invest in Veterans Week®. His grandfather, Jim Freeman, a founding member of The Five Satins, was also honored in the Congressional Record in 2015 for his contributions to music and culture through the legendary recording of "In the Still of the Night." These honors reflect the family's lasting legacy of excellence and service across both veteran advocacy and the arts.
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National Invest In Veterans Week Honors Veteran-Owned Businesses and Homes For Our Troops Recipients
National Invest In Veterans Week® (March 1-7, 2023) encourages the public to support veteran-owned businesses, with a special focus on Homes For Our Troops (HFOT) recipients. These veterans have built thriving small businesses, from handmade goods to artisanal products, thanks to the independence provided by their specially adapted homes. This week celebrates the resilience and entrepreneurial spirit of veterans who continue to serve their communities through business ownership.
National Invest In Veterans Week® (March 1-7, 2023) is dedicated to encouraging the public to support businesses owned by military veterans. This annual week-long event shines a spotlight on veteran entrepreneurs and the significant contributions they make to local communities and the broader economy. As part of this year's focus, National Invest In Veterans Week® is proud to feature the veteran business owners who have benefited from Homes For Our Troops (HFOT), an organization that provides specially adapted custom homes for severely injured veterans.
Through the freedom and independence offered by their specially adapted homes, HFOT veterans have the opportunity to build businesses that reflect their passions and crafts. Their entrepreneurial journeys are a testament to the resilience, creativity, and determination of America’s veterans.
Featured Veteran-Owned Businesses from HFOT Recipients:
Marine Corporal Jonathan Schumacher and his wife Courtney own Rowdy Roughneck Ranch, where they produce goat milk soap from their own goats and also offer locally harvested beeswax for skincare and candles. Their unique products are available on Facebook: Rowdy Roughneck Ranch.
Army SGT Eric Edmundson's wife, Stephanie, creates custom hand-knitted items, including hats and scarves, which can be ordered through her Etsy shop: Edmundson Creation.
Marine SSgt Omar Milan handcrafts large wooden American flags and crosses through his business, The Box Fin Woodshop in Mansfield, TX. Visit him on Facebook: The Box Fin Woodshop.
Marine Sgt Matt Amos founded Admiral’s Pennant, a beard oil company in Mount Hope, KS. His products are available at Admiral's Pennant.
Army SGT Peter Damon owns and operates True Grit Art Gallery in Middleborough, MA, showcasing his artwork and that of fellow veterans. View the gallery at True Grit Art Gallery.
Army PFC Heather Trujillo created Jacks Beer Soap, which offers natural soap products for sensitive skin. Visit her Etsy shop at Jacks Beer Soap.
Future home recipient Army Sergeant Jordan Folmar and his wife Amanda run a custom-decorated cookie company in Austin, TX called Red Apron Confections. Check them out at Red Apron Confections.
Future home recipient Army Corporal Duane McGhghy and his wife Courtney operate a mobile plant and merchandise boutique called Hey Darlin’ Plants in Belton, TX. Visit them at Hey Darlin' Plants.
Marine Lance Corporal Kade Hinkhouse and his wife Becky own The Prairie Chics, an antique and craft business. Find them at The Prairie Chics Collection.
Army Specialist Andrew Pike and his wife Becca run Bootleg Inc., which provides upgraded products for America’s #1 defense tool. Visit them at Bootleg Builder Inc..
National Invest In Veterans Week® encourages everyone to support these veteran-owned businesses and recognize the incredible determination and entrepreneurial spirit of these HFOT recipients. Their ventures, made possible through the stability and independence provided by their adapted homes, are a testament to their drive to succeed despite challenges.
About National Invest In Veterans Week®
National Invest In Veterans Week® was co-founded by Jeff Shuford, Iraq War veteran and nationally syndicated columnist, and is recognized by Congress as a week to celebrate the entrepreneurial accomplishments of veterans. NIVW's mission is to amplify the voices of veteran entrepreneurs, promote veteran-owned businesses, and advocate for policies that help veterans smoothly transition from military to civilian life globally.
Comprehensive List of Veteran-Focused Domains
NIVW’s expansion across 40 regions is a monumental step toward providing veterans with localized support and resources. Below is a list of the newly launched domains:
United States Veterans Domains:
FloridaVeterans.com
KansasVeterans.com
NewHampshireVeterans.com
RhodeIslandVeterans.com
MarylandVeterans.com
LouisianaVeterans.com
PennsylvaniaVeterans.com
SouthCarolinaVeterans.com
MississippiVeterans.com
WyomingVeterans.com
NorthDakotaVeterans.com
NewJerseyVeterans.com
TennesseeVeterans.com
WestVirginiaVeterans.com
IowaVeterans.com
DistrictOfColumbiaVeterans.com
OklahomaVeterans.com
DelawareVeterans.com
PuertoRicoVeterans.com
International Veterans Domains:
PolandVeterans.com
TurkeyVeterans.com
SpainVeterans.com
GermanyVeterans.com
NorwayVeterans.com
AustraliaVeterans.com
SouthKoreaVeterans.com
JapanVeterans.com
FranceVeterans.com
UnitedKingdomVeterans.com
ItalyVeterans.com
NatoVeterans.com
UnitedNationsVeterans.com
Veterans.International
SwedenVeterans.com
ColombiaVeterans.com
NetherlandsVeterans.com
PortugalVeterans.com
BrazilVeterans.com
IcelandVeterans.com
BelgiumVeterans.com
For more information on National Invest In Veterans Week®, visit InvestInVeteransWeek.com or follow the conversation on social media using #InvestInVeteransWeek.
Read the official endorsement here: https://www.hfotusa.org/national-invest-in-veterans-week/
About National Invest In Veterans Week®
Co-founded by Jeff Shuford, National Invest In Veterans Week® is one of the most prestigious initiatives dedicated to supporting veterans. Recognized by Congress, NIVW’s mission is to amplify veteran voices, promote veteran-owned businesses, and advocate for policies that facilitate a smooth transition from military to civilian life. With its expansive digital platforms and resources, NIVW continues to lead the way in providing veterans with the support they need to succeed.
For more information on National Invest In Veterans Week®, visit any of the domains above or follow the conversation on social media with #InvestInVeterans.
Media Contact:
Chynelle Washington
Press Office
Email: info@investinveteransweek.com
Phone: (301) 453-2801
“I'm Beau, Emmy Award-winning journalist and television host.
Every year, from March 1st to 7th, we celebrate National Invest In Veterans Week—a time to honor the incredible men and women who've served our country and now drive our economy forward as entrepreneurs.
Veteran-owned businesses employ millions and generate over a trillion dollars in revenue. They're innovators, leaders, and job creators who deserve our investment.
Let's invest in them: Shop veteran-owned. Partner with veterans. Ask your local legislators to honor local veteran entrepreneurs.
Because when we invest in veterans, we invest in America's future.
Join the movement at InvestInVeteransWeek.com.
Thank you for your service—and a salute to those who are investing in it.”
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![Logo of The Reis-Davis Graduate School in Los Angeles, California, featuring a black circle with white initials 'RD GS' and a light blue border with the school's name.]()
Reiss-Davis Graduate School
“Reiss-Davis Graduate School recognizes National Invest in Veterans Week (March 1-7, 2023). We asked noted veterans advocate and editor-in-chief of the Journal of Veterans Studies, Mariana Grohowski, PhD, to share her thoughts on advancing the cause of veterans and their families.”
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![Purple and beige Purdue University logo with the text "Military Family Research Institute" below.]()
Military Family Research Institute
“The first week of March is National Invest in #Veterans Week, designed to support the efforts of veterans building lives for themselves and their families through their work and businesses.”
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EnergyUnited
“Today marks the final day of Invest In Veterans Week, and we want to take a moment to recognize the important work being done by Purple Heart Homes. Founded in 2008, Purple Heart Homes is a non-profit organization that works to provide housing solutions to veterans and their families who are in need.”
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![Cintas logo with the slogan "Ready for the Workday" in red.]()
Cintas Corporation
“It's National Invest in Veterans Week! At Cintas we are proud to be a Top Veteran-Friendly Company and are committed to recruiting military talent. For all the sacrifices they have made, we are dedicated to providing opportunities for Veterans to succeed.”
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![Logo for GCIA Gary/Chicago International Airport.]()
Gary/Chicago International Airport
“Happy #NationalInvestInVeteransWeek! Back in November, GYY received the prestigious HIRE Vets Medallion Award, an honor bestowed by the @USDOL for our efforts to create jobs that recruit, employ and retain veterans’ who have served our country!”
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![Logo with a bald eagle's head, the text 'ARMED FORCES' with a small American flag between the words, and 'vacation club' underneath.]()
Armed Forces Vacation Club
"#DidYouKnow it's National Invest In Veterans Week? National Invest In Veterans Week is observed every year from March 1 through March 7. This is a week where we support and honor aspiring and established veteran business owners!”
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![Columbia Gas of Ohio logo with blue text and an orange star-like symbol]()
Columbia Gas of Ohio
“We're proud to support our veterans, and especially those on our team! #InvestinVeteransWeek is a good reminder to invest in veterans after all they've invested in our country.”
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![Logo of the National Academy of Sciences featuring a woman holding a balance scale inside a gold circle.]()
National Academy of Sciences
“#DYK It’s #NationalInvestinVeteransWeek! In this touching #TheScienceBehindIt video, meet Ray, Casey, and Raymond as they share their coming home stories and talk about the challenges facing millions of veterans.”
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![Waubonsee Community College logo with a shield and sunburst design]()
Waubonsee Community College
“#Waubonsee is proud to serve those students who have served our country, and we'll do everything we can to streamline the process, start you on the right foot, and support your endeavors every step of the way. #NationalInvestInVeteransWeek”
