Are there any programs available to help veterans start a business?

Yes, there are multiple programs available to help veterans in California start a business. The California Department of Veteran Affairs (CalVet) provides a variety of resources to aid veterans in starting and growing their businesses. The department has a loan program to provide capital to veterans who need it to start a business. It also has programs to help veterans get training in the skills they need to start their business, such as marketing, bookkeeping, and accounting. The CalVet Business Loan Program provides loans of up to $50,000 for veterans starting their own business. This loan has an interest rate of 5% for five years and can be used for any business-related expenses, such as purchasing equipment or supplies, hiring employees, and advertising. The department also provides free counseling and training to veterans interested in starting their own business. Training is available online, on the phone, and in-person. The counseling and training covers business laws and regulations, marketing strategies, and financial planning. Additionally, CalVet has a Mentor-Protégé Program to help veterans learn business skills from experienced business owners. The program matches veterans with established business owners who can provide guidance in starting, operating, and expanding businesses. Overall, there are numerous programs available to help veterans in California start a business. With access to capital, counseling, training, and mentorship, veterans can start their own businesses with a better understanding of the necessary skills, regulations, and strategies.

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