Warrior Expands Access to Capital for Veteran-Owned Businesses Through Alliances with Parlay and Live Oak Bank and Acquisition of Launch Plan ™
SALT LAKE CITY , Nov. 12, 2024 /PRNewswire/ — Warrior Rising, a national 501c3 non-profit organization dedicated to empowering U.S. military veterans and their families through entrepreneurship, today announced it has established a relationship with Parlay Finance and Live Oak Bank to increase capital access and support for veteran-owned small businesses across the nation.
Empowering Entrepreneurship Among Veterans
Warrior Rising’s collaboration with Parlay Finance and Live Oak Bank demonstrates a powerful commitment to supporting veteran entrepreneurs and military spouses in their journey to establish and grow successful businesses. By providing access to financial resources, education, coaching, mentorship, and tailored capital solutions, these alliances aim to empower veteran-owned businesses to thrive and contribute to the economy.
Through its acquisition of Launch Plan™, Warrior Rising further enhances its support system for veterans, offering specialized tools and resources to help them develop and execute effective business strategies. This strategic move not only strengthens Warrior Rising’s position in the veteran entrepreneurship space but also expands its impact on the lives of those who have served our country.
By fostering a culture of innovation, resilience, and collaboration within the veteran community, Warrior Rising, Parlay Finance, and Live Oak Bank are creating opportunities for veterans to leverage their unique skills and experiences in the business world. As a result, more veteran-owned businesses can access the capital and support they need to succeed, ultimately driving economic growth and fostering a sense of empowerment among our nation’s heroes.
Impact on Individuals
The collaboration between Warrior Rising, Parlay Finance, and Live Oak Bank will provide individual veterans and military spouses with increased access to capital, resources, and support for their entrepreneurial endeavors. This means more opportunities for personal and professional growth, as well as the ability to translate military skills into successful business ventures. Veterans and their families stand to benefit from enhanced financial stability, mentorship, and guidance as they navigate the world of entrepreneurship.
Global Implications
On a larger scale, the efforts of Warrior Rising and its partners have the potential to impact the world by showcasing the resilience and innovation of veteran entrepreneurs. By supporting these businesses, the collaboration contributes to job creation, economic development, and the promotion of veteran-owned enterprises on a global stage. This not only elevates the visibility of veterans in the business community but also highlights the value of their contributions to the global economy.
Conclusion
The collaboration between Warrior Rising, Parlay Finance, Live Oak Bank, and the acquisition of Launch Plan™ marks a significant milestone in the efforts to empower veteran entrepreneurs and military spouses. By expanding access to capital, resources, and support, this partnership not only benefits individuals within the veteran community but also has the potential to make a positive impact on the world stage. Through entrepreneurship, innovation, and collaboration, veterans are given the tools they need to succeed in the business world and contribute to economic growth and prosperity.