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Community Highlights

Jan. 9, 2017

Maryland: Supporting Veteran Entrepreneurs

Community Development

As part of the Richmond Fed’s effort to connect small businesses to resources that can help provide technical assistance and access to capital, our Community Development Office recently partnered with the Anne Arundel Economic Development Corporation to hold an event in Maryland for Veteran-led startups and businesses.

The TechBreakfast included business demonstrations, talks and a resource fair to connect veterans with government officials, regional investors and other entrepreneurs. All of the business demonstrations were from veteran owned and operated start-up companies.

“Veteran entrepreneurs require what all startups need to succeed - coaching, capital and connections to resources and information.  Specifically, these entrepreneurs benefit from networks of people who understand their experiences, capabilities, and the issues of returning to civilian life,” said Peter Dolkart, regional community development manager for the Richmond Fed.

During the event, Peter shared information about the Bank and provided information and research to attendees. In particular, he highlighted the Richmond Fed’s participation in the Small Business Credit Survey and its valuable insights regarding the current business climate, financing needs and credit experiences of small business throughout the 5th District.

The event was part of our Community Development Office’s effort to collaborate with funders and technical assistance providers to enhance the availability of credit and capital for small businesses. In addition, Community Development works to better understand small business trends and conditions.

The event was held at the Chesapeake Innovation Center, located just outside the front gates of Fort Meade where the nation’s cyber security command is headquartered.

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Community Development
(804) 697-8631