Veteran Loan Fund Launches Second Cohort for Veteran and MilSpouse Business Accelerator
The Veteran Loan Fund (VLF) has completed its first cohort of the Veteran and MilSpouse Business Accelerator, a program designed to provide capital and business coaching to veteran and military spouse entrepreneurs. The inaugural group included 37 participants from five states who received over $3.2 million in loans and $150,000 in grants through participating CDFIs (Community Development Financial Institutions). These businesses are expected to create or retain more than 120 jobs. The eight-week program combines business education with access to capital and technical support from partners like the University of Texas at Arlington Veterans Business Outreach Center. VLF has deployed over $118 million in loans since its inception, supporting nearly 1,540 veterans and military spouses nationwide while creating or retaining more than 8,350 jobs. Applications for a second cohort are set to open on October 7, 2026. The program is supported by the Truist Foundation and aims to expand its impact through local CDFI partnerships.
Topics: accelerator programs capital access CDFIs Veteran entrepreneurs