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Intacct and Partners Launch Nationwide Initiative to Support Veterans' Transition to Entrepreneurship

Strategic Insights

— 1 min read

First Lady Michelle Obama and Dr. Jill Biden announced Joining Forces, a nationwide initiative that aims to support the transition of thousands of United States military personnel and their families to entrepreneurship. Intacct, a leader in cloud financial management and accounting software, along with SCORE, the American Institute of Certified Public Accountants (AICPA), the Walmart Foundation, and other technology leaders, have partnered to provide pro bono mentoring, tools, software, training, and support to military personnel and their families. The initiative, dubbed "Veterans Fast Launch," offers a combined package of services, scholarships, and software to aid in business formation, growth, and success.

Key Takeaways:

  • Intacct, SCORE, and the AICPA will provide pro bono services, education, and software to aid in business formation, growth, and success for thousands of military personnel and their families.
  • Intacct will offer a no-charge initial subscription to its cloud computing-based financial management and accounting software.
  • SCORE will provide business training to military entrepreneurs through its network of 13,500 volunteer mentors and trainers.
  • The AICPA will provide financial literacy education and business startup tools, as well as pro-bono business initiation, consulting, and accounting services from AICPA member CPA firms nationwide.
  • General Stanley A. McChrystal will lead the Joining Forces initiative, which aims to mobilize all sectors of society to support military personnel and their families.
  • The initiative is part of the White House's Joining Forces program, which focuses on improving the lives of military families.

Statistics:

  • 13,500: The number of volunteer mentors and trainers in SCORE's network who will provide business training to military entrepreneurs.
  • 45,000: The number of AICPA member CPA firms nationwide that will provide pro-bono business initiation, consulting, and accounting services to military families.
  • 1,000+: The number of military personnel and their families who will benefit from the "Veterans Fast Launch" initiative.
  • 2011: The year the initiative was launched.

Sources:

  • MARKETWIRE via COMTEX
  • Intacct's website (www.intacct.com)
  • SCORE's website (www.score.org)
  • The American Institute of Certified Public Accountants (AICPA)
  • The Walmart Foundation
  • Cisco
  • Hewlett Packard
  • Microsoft
  • Salesforce.com

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