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content="1" /></li><li itemprop="itemListElement" itemscope itemtype="http://schema.org/ListItem" class="bf-breadcrumb-item"><a itemprop="item" href="https://advocacy.sba.gov/category/research/" ><span itemprop="name">Research</span></a><meta itemprop="position" content="2" /></li><li itemprop="itemListElement" itemscope itemtype="http://schema.org/ListItem" class="bf-breadcrumb-item"><a itemprop="item" href="https://advocacy.sba.gov/category/research/facts-about-small-businesses/" ><span itemprop="name">Small Business Facts</span></a><meta itemprop="position" content="3" /></li><li itemprop="itemListElement" itemscope itemtype="http://schema.org/ListItem" class="bf-breadcrumb-item"><a itemprop="item" href="https://advocacy.sba.gov/category/research/facts-about-small-businesses/infographics/" ><span itemprop="name">Infographics</span></a><meta itemprop="position" content="4" /></li><li itemprop="itemListElement" itemscope itemtype="http://schema.org/ListItem" class="bf-breadcrumb-item bf-breadcrumb-end"><span itemprop="name">Facts About Small Business: Veteran Ownership Statistics 2024</span><meta itemprop="item" content="https://advocacy.sba.gov/2024/11/12/facts-about-small-business-veteran-ownership-statistics-2024/"/><meta itemprop="position" content="5" /></li></ul></div></nav><div class="content-wrap"> <main id="content" class="content-container"> <div class="container layout-3-col layout-3-col-4 container layout-bc-before post-template-10"> <div class="row main-section"> <div class="col-sm-7 content-column"> <div class="single-container"> <article id="post-24004" class="post-24004 post type-post status-publish format-standard has-post-thumbnail category-infographics tag-entrepreneurship tag-owner-demographics tag-veteran-owned-business tag-veterans single-post-content"> <div class="single-featured"><img width="750" height="430" alt="A bar chart highlighting the change in veteran employer firms and employment by race between 2019 and 2021." data-src="https://advocacy.sba.gov/wp-content/uploads/2024/10/Veteran-Ownership-FI-750x430.png"></div> <div class="post-header-inner"> <div class="post-header-title"> <div class="term-badges floated"><span class="term-badge term-2202"><a href="https://advocacy.sba.gov/category/research/facts-about-small-businesses/infographics/">Infographics</a></span></div> <h1 class="single-post-title"> <span class="post-title" itemprop="headline">Facts About Small Business: Veteran Ownership Statistics 2024</span> </h1> <div class="post-meta single-post-meta"> <a href="https://advocacy.sba.gov/author/officeofadvocacy/" title="Browse Author Articles" class="post-author-a post-author-avatar"> <img alt='' data-src='https://advocacy.sba.gov/wp-content/uploads/2024/03/Advo-A-seal-150x150.png' class='avatar avatar-26 photo avatar-default' height='26' width='26' /><span class="post-author-name">By <b>Office of Advocacy</b></span> </a> <span class="time"><time class="post-published updated" datetime="2024-11-12T09:00:00-05:00">On <b>Nov 12, 2024</b></time></span> </div> </div> </div> <div class="entry-content clearfix single-post-content"> <p>Advocacy has released its newest infographic spotlighting veteran-owned businesses in the United States. Veterans were the majority owners of over 1.6 million firms, which employ nearly 3.3 million workers. According to the latest official data, veterans represent 5.5% of business owners in the U.S.</p> <p><em>Tap the play button on the video below to view the series. The only sound in this video is background music.</em></p> <figure class="wp-block-video"><video controls src="https://advocacy.sba.gov/wp-content/uploads/2024/10/Veteran-Ownership-Infographic-Series-2024.mp4"></video><figcaption class="wp-element-caption">Download an electronic copy of the <a href="https://advocacy.sba.gov/wp-content/uploads/2024/11/Veteran-Ownership-Infographic-Series-2024_FINAL.pdf" target="_blank" rel="noreferrer noopener">Veteran Ownership Statistics Series, 2024</a> (PDF, 251 KB)</figcaption></figure> <p></p> <p><strong><span style="text-decoration: underline;">Source Links</span></strong></p> <p>Nonemployer Statistics by Demographics (Census) <a href="https://www.census.gov/programs-surveys/abs/data/nesd.html" target="_blank" rel="noreferrer noopener">https://www.census.gov/programs-surveys/abs/data/nesd.html</a>. Totals include only majority veteran-owned firms.</p> <p><a href="https://www.fedsmallbusiness.org/-/media/project/smallbizcredittenant/fedsmallbusinesssite/fedsmallbusiness/files/2024/firms-in-focus/sbcs_chartbook2024_veteran.pdf" target="_blank" rel="noreferrer noopener">Federal Reserve Banks, Small Business Credit Survey. 2024 Firms in Focus: Chartbook Veteran-owned Firms</a></p> </div> <div class="entry-terms post-tags clearfix "> <span class="terms-label"><i class="fa fa-tags"></i></span> <a href="https://advocacy.sba.gov/tag/entrepreneurship/" rel="tag">Entrepreneurship</a><a href="https://advocacy.sba.gov/tag/owner-demographics/" rel="tag">Owner Demographics</a><a href="https://advocacy.sba.gov/tag/veteran-owned-business/" rel="tag">Veteran Owned Business</a><a href="https://advocacy.sba.gov/tag/veterans/" rel="tag">Veterans</a> </div> </article> </div> </div> <div class="col-sm-3 sidebar-column sidebar-column-primary"> <aside id="sidebar-primary-sidebar" class="sidebar" 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