If you’re a member of the armed forces looking to start a business in the state of Pennsylvania, now may be the perfect time to do so. According to LVB, the “Pennsylvania’s Startup for Soldiers program, which became effective at the beginning of 2017, waives state business startup fees for people transitioning from the armed forces, including reserve units and the National Guard, to the civilian workforce.”
Since the law passed in 2016, 1,613 veteran entrepreneurs have saves $178,000 in startup fees. This includes the elimination of more than $16,000 in licensing fees for 21 applicants.
The program is a part of a growing trend across the country to help veterans looking to start new businesses. “According to the U.S. Small Business Administration, veterans are 45 percent more likely than nonveterans to start their own business.”
State Rep. Ryan Mackenzie, who represents parts of Berks and Lehigh counties, wrote Pennsylvania’s Startup for Soldiers law, which is based on a similar program in Missouri.