The Louisiana Veteran Entrepreneurship Program (LVEP) is now officially under way at the Louisiana Business & Technology Center in the LSU Innovation Park.
The program offers both an in-person boot camp and a three-week online course for veterans. The first ever class to go through the program began the boot camp last week (October 17) following the completion of the online course.
LVEP was launched in partnership with Louisiana Economic Development, the Louisiana Department of Veteran Affairs, the Louisiana National Guard, the Louisiana Business & Technology Center and LSU Executive Education.
“The Louisiana Veteran Entrepreneurship Program recognizes so many important priorities in our work,” LED Secretary Don Pierson said. “As one of our nine key strategies at LED, we cultivate small business growth, innovation and entrepreneurship. To assist veterans in becoming successful entrepreneurs is indeed a great privilege for our department and our state.”
The program provides veterans with everything they need to develop their small business ideas, including small business finance and banking, investor prep, government procurement assistance, market research, and more.
Nineteen veterans are in the inaugural class. The goal is to engage more than 100 participants over the first year along to collectively raise a minimum of $5 million in startup capital.