The University of Texas at Arlington is set to establish a center to help veterans start their own businesses.
Nearly $1 million in federal grants was awarded to UTA’s College of Business by the Small Business Administration to open a Veterans Business Outreach center intended to help veterans and their families start or grow their own business.
“Small businesses are the backbone of America, the backbone of our society and the backbone of our economy,” Texas Veterans Commission's Patrick Alcorn said. “Veterans are poised because of their background, their nature and everything about them to be owners of all these small businesses.”
The grant money will fund one-on-one business counseling and training counseling. Workshops will focus on how to start a business and develop a successful business plan.
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There are 19 similar Veterans Business Outreach centers in the country. This will be the first in North Texas.
More than 3,000 military veterans and their dependents are enrolled at UTA.