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JPMorganChase Provides $1.75 Million to Help Thousands of Veteran and Military Spouse Entrepreneurs Grow Their Businesses, Compete for Contracts, and Create Jobs

JPM
  • JPMorganChase announced $1.75 million in philanthropic support to assist veterans, military spouses, & veteran-owned small businesses.
  • The funding aims to help more than 5,000 military-connected entrepreneurs access capital, grow operations, reach new markets, & pursue federal contracts.
  • Grants will expand entrepreneurship programs through the D'Aniello Institute for Veterans & Military Families (IVMF) at Syracuse University.
  • Funding will enable the National Veteran Small Business Coalition (NVSBC) to develop a first-of-its-kind professional certification for small business government contracting.
  • The announcement was made during National Veterans Small Business Week at JPMorganChase's Bowen Building in Washington, D.C., alongside the U.S. Small Business Administration & policymakers.
  • Since its inception, the D'Aniello IVMF has supported over 235,000 military-connected individuals, with alumni businesses reporting over $4.8 billion in combined annual revenue & over 52,000 jobs.
  • The NVSBC pilot program previously helped nearly 2,000 veteran-owned small businesses, with 55% reporting increased revenue & nearly 40% securing government contracts.
  • JPMorganChase has contributed over $16 million to organizations serving veterans & the military community from 2020 through 2026.
  • The firm marks 15 years since launching the Veteran Jobs Mission, which has surpassed one million U.S. veteran hires & now includes over 315 companies.
  • JPMorganChase's American Dream Initiative aims to reach up to 10 million small businesses nationwide by 2026.
  • JPMorganChase reported $5.1 trillion in assets & $372 billion in stockholders' equity as of September 30, 2026.