Saint Joseph’s Office of Veterans Services to Welcome 34 Veterans to Entrepreneurship Program
Third and largest cohort will be in residence Oct. 14-22
Monday, September 25, 2017
PHILADELPHIA (Sept. 25, 2017) — This fall, Saint Joseph’s University is welcoming to campus 34 veterans with dreams of starting their own businesses to participate in the third and largest cohort of the Saint Joseph’s Veterans Entrepreneurial Jumpstart (VEJ) program. Ranging in age from 28–67 and traveling to Philadelphia from 15 different states, these veterans represent five branches of the United States military and decades of service to our country.
Launched in 2015, the VEJ program was created by the Office of Veterans Services and is supported by the University’s Haub School of Business. Last year, the program received a $50,000 grant from the U.S. Small Business Administration (SBA). Saint Joseph’s was one of only four awardees of the SBA’s 2016 Service Disabled Veteran Entrepreneurship Training Program grant. The SBA recently announced that the program has been funded this year for an additional $50,000.
VEJ offers an intensive three-part program that begins with an online course of study to provide veterans with a foundation in business fundamentals and guidance in developing a business plan.
The second phase, which will be held this year from Oct. 14-22, is a week-long residency that includes classroom instruction, guest lectures, panels, workshops, networking and mentoring. Over 90 regional business leaders, successful entrepreneurs, mentors and SJU faculty are expected to participate in the week’s sessions.
At the conclusion of the residency, the current group of entrepreneurs, who have fledgling business plans for ventures that run the gamut from leadership consulting to a dog-friendly bar, will be partnered with business leaders in a year-long mentorship (phase three) and will be given access to complimentary support services including legal, accounting and tax services, web design and hosting, to kick start their venture.”
“This will be our fifth entrepreneurship cohort overall," says Ralph Galati ’70, an Air Force veteran and director of the Office of Veterans Services. "We have seen our veteran-entrepreneurs experience major growth and success, and we believe our program has provided them with the education and tools to jumpstart their businesses,"
For more information about the VEJ, visit www.sju.edu/vej
About SJU’s Office of Veterans Services: The Saint Joseph's University Office of Veterans Services is committed to honoring those who have served our country by providing opportunities for education and career advancement. Veterans Services understands the unique needs of the veteran population and strives to create a welcoming environment for veterans and their families. The office, ranked No. 4 in the nation for U.S. News & World Report's best colleges for veterans. designs and implements customized education programs and ensures that veterans gain access to all eligible federal, state and local programs and services, and is committed to preparing veterans for personal excellence, professional success and engaged citizenship.