Any member of the US Military can use the benefits that they realize from the MGIB while serving on active duty to support their small business. Many people are aware of the ability to use their benefits for technical, vocational or college, but some are not aware of the additional benefits for being a small business owner or entrepreneur. Many veterans do not realize that there are other benefits and things that the Montgomery GI bill can be used for. Congress worked to include different provisions when they revised and expanded the Montgomery GI bill.
There are many small business Development centers that are located at different spots around the country to help Veterans who wish to become successful small business owners. Its best to contact the VA and inquire about courses in small business training that you wish to get benefits for. Small business owners make up a vital part of our society and a important segment of our economy. You can access portions of your MGIB to receive specific business related and small business training. The Department of Defense, Congress, and the Veterans Administration have come together to put in provisions in the MGIB to allow Veterans to use portions of their VA Montgomery GI bill for small business training and support. Small business and Entrepreneur training is offered at many of these small business development centers to help a veteran get a heads start in setting up their own small business. There is only a ten-year time limit from the date of your last military separation, if you are called up for active duty or mobilized for more than 180 days consecutively then your ten-year benefit usage clock resets. The types of classes and requirements vary, so its best to go straight to the source (the Veterans Administration) for information and timely details on how to access your Montgomery GI bill to support and receive training support for your small business. Benefits under the Montgomery GI bill can be used to gain training and classes in becoming a small business entrepreneur or small business owner.
If you are already a small businessperson this is not a disqualifying factor to using your MGIB benefits for additional training or support of your small business. Members of Congress they realize that one of the rich resources that the United States has as a country is in the small business world.