Retail Industry
Industry: Email Alert RSS FeedIFA President urges Congress to act on self-employment bill for veterans: International Franchise Association President Matthew Shay testified before Congress May 25 in support of legislation that would allow U.S. veterans to use a portion of their educational benefits to pay for the training costs of purchasing a franchised small business.(government relations)(International Franchise Association)
Franchising World, July, 2005
The "Veterans Self-Employment Act," introduced by U.S. Rep. Richard Baker (R-La.), was heard by the Subcommittee on Economic Opportunity of the U.S. House Veterans Affairs Committee.
Among other provisions, the bill would establish a five-year pilot program that would allow American military-service members, veterans, national guardsmen, reservists, and qualified others to use some of their educational assistance entitlements toward franchise training expenses.
"We commend Congressman Baker for introducing this important piece of legislation that would enable more veterans to take advantage of the opportunities of franchising. IFA has long sought ways to enable those who have served our country to go into business for themselves but not by themselves...
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