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Naperville
Thursday, April 25, 2024

Veteran Business Project receives nearly $1M grant

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Veteran Business Project has announced receipt of a generous gift of $935,000 from The Duchossois Family Foundation.

The funding, spread over a three-year period, addresses projected expansion goals, provides technology and marketing support, and the hiring of additional business coaches.“We deeply believe in the Veteran Business Project and their efforts to help launch the next generation of veteran entrepreneurs,” said Mary Ann Roeser, President of The Duchossois Family Foundation. “Small business is the backbone of the American economy and veterans are hard-wired for success in this arena – they just need access to capital, networking, and mentorship. The Veteran Business Project provides this critical support and much more.”  

“Veteran Business Project is proud to enter this long-term partnership with The Duchossois Family Foundation, one of the country’s most committed and generous philanthropic organizations, and we are grateful for their support,” said Lynn Lowder, U.S. Marine Corps veteran and CEO of the Veteran Business Project.

To learn more about the Veteran Business Project, visit www.veteranbusinessproject.org.

About The Duchossois Family Foundation

Established in 1984 by first- and second-generation family members, The Duchossois Family Foundation strives to empower individuals to enhance their quality of life through wellness and economic opportunity.  Their strategy is to focus on the veteran population and veteran-serving organizations.

About Veteran Business Project

Veteran Business Project promotes military veterans and spouse small business ownership opportunities. Through our unique Vharmony(™️) business match-making service, we connect veterans and spouses seeking to acquire established businesses with business owners wanting to divest.  VPB also facilitates loan negotiations and provides wrap-around business mentorship for new owners.

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PN Ombudsman
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An ombudsman is Scandinavian in origin dating back to Viking times; and refers to a community representative; usually acting independently on behalf of an organization, body of elected officials, or civic group. Thanks Scandinavia for inventing ombudsman.
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