Citi and the Institute for Veterans and Military Families at Syracuse University (IVMF) today announced the launch of the Citi Salutes: Realizing Your Dream Business Competition, a call for veterans who are established or aspiring entrepreneurs to submit formal small business plans in hopes of receiving a share of $130,000 in available seed funding. The announcement was made during the Chicago offering of the IVMF's Veteran Women Igniting the Spirit of Entrepreneurship (V-WISE) program, a three-day conference and collaborative partnership between the IVMF and U.S. Small Business Administration (SBA) that is anchoring IVMF Women Veterans Week Chicago. Citi is a co-sponsor of V-WISE Chicago.
"In the coming years, an estimated one million service members will leave the military and most will look to transition to the civilian workplace, including nearly 20 percent who will start their own business," said Jerome Byers, Head of Citi Small Business, who officially launched the program at today's conference. "Citi is pleased to support a program that encourages entrepreneurship as a pathway to post-service success for our nation's troops."
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