skip to main content
skip to newscasts

Thursday, April 25, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

SCOTUS skeptical that state abortion bans conflict with federal health care law; Iowa advocates for immigrants push back on Texas-style deportation bill; new hearings, same arguments on both sides for ND pipeline project; clean-air activists to hold "die-in" Friday at LA City Hall.

view newscast page
play newscast audioPlay

"Squad" member Summer Lee wins her primary with a pro-peace platform, Biden signs huge foreign aid bills including support for Ukraine and Israel, and the Arizona House repeals an abortion ban as California moves to welcome Arizona doctors.

view newscast page
play newscast audioPlay

The urban-rural death divide is widening for working-age Americans, many home internet connections established for rural students during COVID have been broken, and a new federal rule aims to put the "public" back in public lands.

New Loan Program Offers Help for NC Veterans Turned Entrepreneurs

play audio
Play

Monday, March 11, 2013   

JACKSONVILLE, N.C. - A new loan program offers help to North Carolina veterans who want to become entrepreneurs, as they return home to a slow job market. According to a report released late last week, one in 10 veterans of post 9/11 combat are without a job, leaving many to consider the possibility of starting their own business.

Two years ago, Steve Gill was in their shoes. A veteran, he paid for his business piece by piece because getting a loan isn't always easy for service men and women.

"There's a larger number that have some really unique skills and experience," he said. "They have everything available as far as knowing what they can do. It really comes down, a lot of times, to the funding."

Starting this month, the Support Center, a community development financial institution, is offering loans to North Carolina veterans. Unlike traditional bank loans, equity is not required. Instead, the center is looking for people with solid business plans.

In 2012, 250,000 veterans returned home to North Carolina from active duty. According to the U.S. Small Business administration, 25 percent of transitioning veterans want to start their own business.

Lenwood Long, president and CEO of the Support Center, said veterans often have an ideal skill set to start a business.

"They bring not only skills but a certain maturity level," he said. "This whole notion of self sufficiency. They don't want to be dependent upon the VA. They want to own their own business. "

Long says he believes the help is especially needed in the current economic climate and with the large number of veterans expected home this year. Available loans range from $5,000 to $200,000. Currently, more than 80,000 businesses in North Carolina are veteran-owned.

More information on the loan program is available at www.thesupportcenter-nc.org.




get more stories like this via email

more stories
Rep. Crystal Quade, D-Springfield, the House Democratic floor leader, called Missouri politicians "extremist" on social media after they passed the most restrictive abortion ban in the country and defunded Planned Parenthood. (Fitz/Adobe Stock)

Health and Wellness

play sound

The Missouri Legislature has approved a law to stop its Medicaid program, known as MO HealthNet, from paying Planned Parenthood for medical services …


Environment

play sound

A round of public testimony wrapped up this week as part of renewed efforts by a company seeking permit approval in North Dakota for an underground pi…

Social Issues

play sound

Air travelers could face fewer obstacles in securing a refund if their flight is canceled or changed under new federal rules announced Wednesday…


The Iowa Movement for Migrant Justice calls Senate File 2340 a "ridiculous stunt," passed in an election year "to mobilize voters using fear and anti-immigrant sentiment." (Adobe Stock)

Social Issues

play sound

Advocates for immigrants are pushing back on a bill signed by Iowa Gov. Kim Reynolds in the last few days of the legislative session, modeled on a …

Environment

play sound

An environmental group is suing the U.S. Fish and Wildlife Service to protect the Arkansas mudalia snail under the Endangered Species Act. In …

Currently, more than 2.7 million Californians live within 3,200 feet of an operational oil well. (MSPhotographic/Adobe Stock)

Environment

play sound

Leaders concerned about pollution and climate change are raising awareness about a ballot measure this fall on whether the state should mandate buffer…

play sound

A coalition of climate groups seeking cleaner air at the rail yards and ports of Los Angeles and Long Beach will hold a "die-in" rally tomorrow at Los…

Health and Wellness

play sound

By Marianne Dhenin for Yes! Magazine.Broadcast version by Shanteya Hudson for Georgia News Connection reporting for the YES! Media/Public News …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021