“This brief provides highlights from the 2020 National Survey of Military-Affiliated Entrepreneurs focusing on female veteran entrepreneurs. These findings are based on the data collected from 432 female veteran entrepreneurs, which represents 27% of the respondents that answered the gender question of the 2020 survey. This study monitors trends in the activity, needs, and economic, social, and policy barriers of military-affiliated entrepreneurs in the United States.”

Key points include:

  • 48% of female veteran entrepreneurs started a business because they wanted to help society and support their communities
  • 48% of female veteran entrepreneurs were turned down by lender or creditor when applying for financing
  • 59% of female veteran entrepreneurs feel that the military has prepared them for their business challenges associated with COVID-19 pandemic

Source: Data Brief: Women Veteran Entrepreneurs, Institute for Veterans & Military Families