IT’S TIME TO COURSE CORRECT

Veteran entrepreneurship rates plummeted in the 20th century. We can change that.

FACTS ON THE GROUND

  • 49% of World War II vets started businesses, compared to just 5.6% of post-9/11 vets
  • Military veterans have entrepreneurial skill sets, including leadership, creativity, and a willingness to take risks 
  • Veteran-owned businesses are 30% more likely to hire other veterans
  • Military spouses often face barriers to traditional employment, including frequent relocations

Sources:
Access to Capital is Greatest Barrier for Veterans with Dreams of Business Ownership, IVMF, 2017
The State of Veteran Entrepreneurship Research, IVMF, 2016
Fewer Veterans Are Starting Businesses, US Veterans Magazine, 2017
Military Spouses Fact Sheet, WB

FACTS ON THE GROUND

  • 49% of World War II vets started businesses, compared to just 5.6% of post-9/11 vets
  • Military veterans have entrepreneurial skill sets, including leadership, creativity, and a willingness to take risks 
  • Veteran-owned businesses are 30% more likely to hire other veterans
  • Military spouses often face barriers to traditional employment, including frequent relocations

Sources: Access to Capital is Greatest Barrier for Veterans with Dreams of Business Ownership, IVMF, 2017

The State of Veteran Entrepreneurship Research, IVMF, 2016

Fewer Veterans Are Starting Businesses, US Veterans Magazine, 2017

Military Spouses Fact Sheet, WB

RESULTS TO DATE

$812M+

Revenue generated by participating startups

2.9K+

Jobs created by participating startups

37K+

New business connections made through Bunker Labs

$298M+

Capital raised by participating startups

STORY OF ONE

Meet IRON Mike Steadman. One entrepreneur, one dream, one path.

BUNKER LABS COMMUNITY BY THE NUMBERS

2x more racial and ethnic diversity than the general veteran population
2x more female veterans than represented in the general veteran population
60% of the community are service-disabled veterans
10% of the community are active duty military
9% of the community are military spouses or family
Sources: Bunker Labs DEI Evaluation & Strategy
Veteran-Owned Businesses and Their Owners, SBA, 2017
Census Bureau Releases New Report on Veterans, CB, 2020
The Changing Profile of the US Military, PRC, 2019

Covid Response

The ongoing COVID-19 pandemic means business can’t always proceed as usual. We may require certain precautions in our shared spaces and at events, or we may move events from in-person to virtual based on local and national public health guidelines. We launched our All-In campaign to help businesses navigate through Covid-19. Download the magazine and learn how Bunker Labs’ companies responded, rebuilt, and rebounded from the pandemic.

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Resources

Entrepreneur Insights Study

Bunker Labs’ annual survey of entrepreneurs reveals common concerns and trends.

Annual Report

Browse our most recent and archived annual reports, dating back to 2016.

Financials

Browse our most recent and archived financial reports, dating back to 2016.