Live Oak Bank Spotlights Veteran Entrepreneurship Using Research from National Invest In Veterans Week®
The narrative of America’s veterans is often one of bravery, resilience, and unmatched dedication. Yet, these qualities extend far beyond military service, especially when it comes to entrepreneurship. In a groundbreaking moment for veteran advocacy, Live Oak Bank has drawn from the research of National Invest In Veterans Week® (NIVW) to highlight how veterans are uniquely positioned to take advantage of small business acquisition opportunities. This milestone not only underscores the value of veterans in today’s economy but also redefines what it means to celebrate a holiday centered on social impact.
Here, we explore how this remarkable development positions veterans as pivotal players in the entrepreneurial world, and how NIVW has become a cornerstone for advancing opportunities for those who have served.
Veterans and the “Silver Tsunami” Opportunity
In their recent feature, “How the Silver Tsunami Provides Acquisition Opportunities for Veterans,” Live Oak Bank examines the unique moment unfolding in the U.S. economy: the retirement of aging business owners, known as the "Silver Tsunami." As these owners step away, they leave behind thriving businesses ripe for acquisition. Enter the veteran entrepreneur—uniquely skilled, resilient, and ready to lead.
Drawing from insights provided by National Invest In Veterans Week®, Live Oak Bank spotlighted how veterans are ideally suited for this wave of opportunity:
Leadership Skills: Veterans’ experience in leading teams under high-pressure circumstances makes them natural business leaders.
Resilience: The challenges of military service foster a level of determination and adaptability few others possess.
Economic Impact: Veteran-owned businesses already employ millions of Americans and contribute billions to the U.S. economy.
By emphasizing these factors, Live Oak Bank not only highlights the potential of veteran entrepreneurs but also validates NIVW’s ongoing work to empower this community.
The Role of National Invest In Veterans Week®
Since its founding in 2019, National Invest In Veterans Week® has worked tirelessly to create a platform for veteran entrepreneurs. Celebrated annually from March 1 to 7, the week-long initiative is more than just a holiday—it’s a call to action. By providing resources, advocacy, and recognition, NIVW ensures that veterans are supported in their post-service endeavors.
The research that informed Live Oak Bank’s feature is part of NIVW’s broader mission to elevate the profile of veteran-owned businesses. As highlighted on NIVW’s website, veteran-owned firms in the U.S. employ over 5.8 million people and generate substantial economic activity. These numbers are not just statistics—they are a testament to the transformative power of veteran entrepreneurship.
Live Oak Bank: A Leader in Veteran Advocacy
Live Oak Bank is no stranger to supporting entrepreneurs. As one of the most prominent financial institutions specializing in small business financing, the bank has a long history of fostering innovation and growth. With over $6.94 billion in assets and a commitment to niche markets, Live Oak Bank is uniquely positioned to support veterans as they transition into business ownership.
The decision to leverage NIVW’s research reflects the bank’s recognition of the veteran community as a key demographic in small business growth. It also signals a broader shift in how financial institutions approach veterans—not just as clients, but as leaders and changemakers.
The Power of Partnership
While Live Oak Bank and NIVW operate in different spheres, their shared commitment to veteran empowerment unites them. The bank’s use of NIVW’s research demonstrates the potential for collaboration between advocacy organizations and corporate entities. It’s a partnership rooted in mutual respect and a shared belief in the value veterans bring to the business world.
This moment also serves as a reminder that impactful change often comes from collaboration. By working together, organizations like NIVW and Live Oak Bank can create pathways for veterans to thrive, ensuring that their service to the nation translates into success in civilian life.
Why This Moment Matters
The recognition of National Invest In Veterans Week® by a major financial institution is more than just a milestone—it’s a turning point. It underscores the growing understanding of veterans as economic drivers and highlights the importance of providing them with the resources they need to succeed.
For veterans, this moment is a validation of their potential. For NIVW, it’s proof that its mission is making a difference. And for organizations like Live Oak Bank, it’s an opportunity to lead by example, showing how businesses can play a role in driving social impact.
The Future of Veteran Entrepreneurship
As the "Silver Tsunami" creates new opportunities for business acquisition, veterans will continue to play a critical role in shaping the entrepreneurial landscape. With the support of initiatives like National Invest In Veterans Week® and institutions like Live Oak Bank, the future looks bright for those who have served.
But this is just the beginning. The success of veteran entrepreneurs depends on continued advocacy, investment, and recognition. National Invest In Veterans Week® is committed to leading this charge, ensuring that veterans have the tools, resources, and opportunities they need to succeed.
Conclusion: A Celebration of Service and Success
National Invest In Veterans Week® has always been about more than recognition—it’s about action. The use of its research by Live Oak Bank is a testament to the holiday’s impact and a reminder of what’s possible when advocacy meets opportunity.
As we celebrate the contributions of veteran entrepreneurs, let this moment inspire us all to invest in those who have given so much. Because when veterans succeed, we all succeed.
