Clarksville, Tenn., the home of Fort Campbell, recently has found itself becoming the home of an increasing number of businesses started by veterans, military spouses and active service members.
The trend makes sense, according to the U.S. Small Business Administration (SBA), which says transitioning service members are “natural entrepreneurs, possessing the training, experience and leadership skills to start businesses and create jobs.”
In Clarksville, one of the best resources for aspiring entrepreneurs is the Tennessee Small Business Development Center at Austin Peay State University, reports the Tennessean. The office helps military and civilian entrepreneurs evaluate ideas, write business plans and gain financing. One of the newest offerings for veterans is the agency’s Boots to Business Initiative, an educational program which explains the fundamentals of small business ownership and introduces them to available SBA resources.
The agency started the pilot program last year and it plans on applying the lessons learned since then to develop new entrepreneurial training for the 250,000 service members that transition from the military each year, according to the story.