The goal of the Veteran Entrepreneurial Training Grant Program (VET-GP) is to provide Wisconsin's veteran entrepreneurs either living in or operating out of Waupaca County with post-COVID related business development, disaster preparedness, sustainability planning, and grant funding. The program offers but does not require use of the Small Business Development Center technical assistance services, including small business training, business plan development, and business resiliency planning whether you are just getting started or looking for ways to improve your business.
The VET-GP program increases opportunities for Veteran entrepreneurs across Waupaca County utilizing business training and technical assistance provided by the University of Wisconsin Stevens Point’s Entrepreneurial Training Program (ETP). With the added benefit of offering, but not requiring support services through the Wisconsin Small Business Development Center (SBDC), U.S. Small Business Administration (SBA), the University of Wisconsin System, and the UW Systems Institute for Business and Entrepreneurship. VET-GP applications will receive a $5,000 business grant upon successful completion of the established Virtual Only component of the Entrepreneurial Training Program (ETP). Access more information about the ETP at this LINK!
Eligibility, Application, and Award Process:
VET-GP utilizes a competitive application process. Submit your application by completing the web-form below. The ETP is offered twice per year, once in the spring and once in the fall. The Spring cohort begins in February and the Fall cohort beings in September. To be considered for the spring cohort you must complete application by December 31, annually. Applicants for the spring cohort will be notified of acceptance by January 15, annually. To be considered for the fall cohort you must complete application by July 31, annually. Applicants for the fall cohort will be notified of acceptance by August 15, annually.
Eligible applicants must:
- Be a current service member, honorably discharged veteran, or current/surviving spouse of service member/veteran and be a
- Current resident of or owner/operator of a business located in Waupaca County and
- Complete application below supplying the required info/documentation regarding business
- The existing or startup business history and ownership
- Applicant's relevant background and experience in support of business venture
- Applicant's ability to dedicate the necessary time to successfully complete the Virtual ETP
- Proposed use of grant funds and related history of financial responsibility
The VET-GP is a program sponsored by the Waupaca County Veteran Services Office with funding approved by the Waupaca County Board of Supervisors. The Waupaca County Economic Development Corporation administers VET-GP. Completion of the virtual only component of the UWSP Entrepreneurial Training Program is required. Support services including additional training and technical assistance is offered by, but not required as a condition of, the VET-GP program by the UWSP Small Business Development Center located in Stevens Point.
Activities and Outcomes:
VET-GP plans to assist approximately 26 Waupaca County based Veteran Entrepreneurs with startup and early-stage businesses over a three-year period. VET-GP will accomplish this at a rate of about 7-8 entrepreneurs each year. Program outcomes include retention, expansion, and creation of 26 businesses and at least 50 associated jobs. Further, a key objective of VET-GP includes securing funding and support to sustain this program beyond the initial three-year period.
Applicants selected for the program will provide annual status reports to the Waupaca County Economic Development Corporation for three years. The report will consist of a report including business status, jobs created, annual business income. Further, veteran business owners must apply for the Wisconsin “Veteran Owned Business Certification” found at this LINK.
***After successful submission of the form, you will receive an e-mail confirming receipt of the completed form. If you do not receive a confirmation e-mail within one business day, please contact email@example.com to request assistance in completing this form.***
For More Information:
The Wisconsin SBDC Network is a proud part of the Institute of Business and Entrepreneurship in the UW-System. Funded in part through a cooperative agreement with the U.S. Small Business Administration. Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance. Please contact the SBDC at 715-346-3838 or firstname.lastname@example.org.