• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer

US Military

  • Branches
    • Army
    • Navy
    • Air Force
    • Marine Corps
    • Coast Guard
    • National Guard
    • Air National Guard
    • Find A Recruiter
  • Find A Recruiter
  • Military Benefits
    • GI Bill
    • VA Loans
    • Military Scholarships
    • Military Friendly Colleges
    • Money
  • Jobs
    • Military Pay Chart
    • Veteran Jobs
    • Civilian Jobs
  • VA Loan Rates
  • Military News
    • Top News
    • Benefits
    • Careers
    • Education
    • Featured Columnists
      • Larry Fowler
      • Scott Ostrow
      • Kim Lengling
      • Dr. Sasha Toperich
      • Rick Stewart
  • GI Bill
  • VA Loans
  • Military Scholarships
  • Top Military-Friendly Colleges and Universities in America

Educational VA Small Business Support

July 21, 2008 By admin

People join the military and typically plan to use their Montgomery GI bill for attending college or university, in typical educational type pursuits. This is the most typical means that many people use to utilize the MGIB bill benefits. But many veterans do not realize that there are other benefits and things that the Montgomery GI bill can be used for. In 2002, and in the last four years Congress worked to include different provisions when they revised and expanded the Montgomery GI bill. This has been because one of the rich resources that the United States has as a country is in the small business world.

Many people realize that one of the important segment of our economy is the American Veteran, and for this reason Congress has set up provisions in using the Montgomery GI bill program to support small business programs and small business ownership. 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.

The benefits under the MGIB are broad based, and support businesses and individuals in using training to support their efforts. Small business owners make up a vital part of our society. Benefits under the Montgomery GI bill can be used to gain training and classes in becoming a small business entrepreneur or small business owner. A large number of people do not know about their Montgomery GI bill benefits, or are not aware that they can use their Montgomery GI active duty benefits to attend college or university classes, or that they can use their benefits to attend vocational or technical school.

You can access portions of your MGIB to receive specific business related and small business training. If you participate in the Top Up program before you leave active duty, you may even be able to increase the available benefits after you separate from the service, increasing them up to $5,400 dollars in some cases. 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.

Do You Have Prior Service? Get Cash Bonuses For Your Past Military Service. Click here for more information.

If you are called up for active duty or mobilized for more than 180 days consecutively then your ten-year benefit usage clock resets. 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.

Filed Under: Education, Updates

Recent Posts

  • How Was Military Time Created And Why?
  • The Best 5 US Military Bases In The World
  • Congrats To Recent Graduates And Is The Military A Great Place For Young People Today
  • The Best Jobs in the United States Army
  • Top 5  Military Home Loans for Active Duty Service Members
VA Loans

Primary Sidebar

IMPORTANT DISCLOSURE

USMilitary.com is a privately owned website and is NOT AFFILIATED (or endorsed) with the U.S. GOVERNMENT, U.S. ARMED FORCES, or DEPARTMENT OF VETERANS

USMilitary.com Career Guide

Sign up to receive USMilitary.com email updates and to hear what's going on with all military branches!

Featured Columnists

Larry Fowler

Larry Fowler is the publisher of USMilitary.com Network one of America's premier privately owned

Autobiography Compares Living Faithfully With Navy SEAL Training (BUD/S).

Scott Ostrow

Lt Col (Dr.) Scott A. Ostrow retired from the Air Force in September 2005 and has been teaching

Congrats To Recent Graduates And Is The Military A Great Place For Young People Today

Kim Lengling

Kim Lengling is a Air Force Veteran whose passion is to help support veterans and their

This Memorial Day: The Knock On The Door

Dr. Sasha Toperich

Dr. Sasha Toperich is the Senior Executive Vice President at Transatlantic Leadership

Sarraj’s Dangerous Dance With Power

Rick Stewart

Rick Stewart is a former United States Air Force Survival, Evasion, Resistance, and Escape (SERE)

Announcing American Patriots Unsung Magazine

Nathan B. Nelson

Capt (ret) Nathan B. Nelson is the Director of Military Affairs for the 1st Congressional district

Three Critical Considerations for Every Veteran Prior to Leaving Active Duty

Laquan Daniels

Laquan Daniel is a military recruiting expert with over 17 years of specialized experience in the

Important News For Military Transitioning Veterans

Veteran Buzz

High-Paying Jobs for Military Veterans

5 High-Paying Jobs for Military Veterans

July 2, 2018 By Ben Ehinger

High Paying Jobs Not Requiring a Degree

June 28, 2018 By Ben Ehinger

7 Best Military Careers That Lead To High Paying Civilian Jobs

June 10, 2018 By larryf

VA Loans

Footer

  • Advertise With Us
  • Privacy Policy
  • Write For US
  • Link to Us

Recent

  • How Was Military Time Created And Why?
  • The Best 5 US Military Bases In The World
  • Congrats To Recent Graduates And Is The Military A Great Place For Young People Today
  • The Best Jobs in the United States Army
  • Top 5  Military Home Loans for Active Duty Service Members

Search

© Copyright 2022 USMillitary
Web Design by Goebel Media Group


THIS IS A PRIVATE WEBSITE THAT IS NOT AFFILIATED WITH THE U.S. GOVERNMENT, U.S. ARMED FORCES, OR DEPARTMENT OF VETERANS AFFAIRS. U.S. GOVERNMENT AGENCIES HAVE NOT REVIEWED THIS INFORMATION. THIS SITE IS NOT CONNECTED WITH ANY GOVERNMENT AGENCY.