Veterans Job Bank Connects Veterans to Job Openings | St. Louis Job News & Opportunities

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Small Businesses are Creating Jobs and Increasing Revenue, Despite Current Economic Times
ST. LOUIS, MD, (SLFP.com), November 27, 2011 - As the nation commemorates November as National Entrepreneurship Month, a new report released today on established small businesses found 46 percent added new jobs and 57 percent reported an increase in revenue last year, while securing millions in new financing.

In its 2011 Annual Report Card, Interise, one of the only non-profits specifically dedicated to the growth and success of established small businesses, reports small business entrepreneurs who completed a rigorous StreetWise 'MBA'™ program were empowered with the tools and know-how to grow their businesses and create new jobs.

"While much attention is focused on startups, evidence shows that, across all industries, job growth and economic revitalization can be found with the established small businesses that show a high potential for growth," said Interise CEO Jean Horstman. "The proof is in the numbers - small business employers who complete a StreetWise Steps™ curriculum program are creating lasting social and economic impact. For long-term success, the proven key is to pull these entrepreneurs out of isolation so they can focus on what they need to learn to thrive."

Since 2005, Interise has been tracking small businesses which have participated in a StreetWise Steps curriculum and found staggering growth results. In its 2011 Annual Report Card, Interise found the overall growth rate for participants was 22 percent. As a group, they secured over $12 million in new financing and $322 million in government contracts. Combined, these small businesses resulted in 62 percent adding new jobs or maintained all jobs, accounting for 516 net new jobs in just one year.

Specifically, the report found:

Job Creation - 46 percent of companies hired new employees Average annual salary of new fulltime employees $41,500 Those that added jobs, the median net new jobs per business 3.0
Revenue - 57 percent of businesses increased revenue Average amount of new revenue per business $31,000
Financing and Government Contracts - Total amount of new financing secured $12 million Average new financing secured per business $50,000
47 percent of entrepreneurs obtained government contracts Total amount of government contracts obtained $322 million
Access to New Knowledge - 67 percent of entrepreneurs are following their growth plans 61 percent of entrepreneurs reported they know how to effectively market and sell their products and services
64 percent of entrepreneurs say they know how to make an effective case for additional funding
Community Involvement - 79 percent of entrepreneurs are active in their local communities
60 percent of business owners have leadership roles in their communities

"These business owners are growth engines in their communities and creating jobs that have a huge impact on their neighbors at a time when most of their peers are laying off employees," said Horstman. "Interise applauds the courage and commitment these entrepreneurs have shown towards creating stronger businesses, and in turn, more vibrant communities."

Meeting at the intersection of street smarts and higher education, StreetWise Steps enables participating small businesses to engage in an intensive executive-level curriculum focused on developing a winning, expansion strategy for their business, including options for capital access and contracting. In return, the program arms entrepreneurs with the information, networks, guidance and resources they need to accelerate further growth.

The focus is on relevant, real-world, applied learning. At every point in the program, the small business employer is able to take what they are learning and use it immediately. As they begin making changes to their business, they are also developing a comprehensive, strategic plan to support their company's long-term growth.

Veterans Job Bank Connects Veterans to Job Openings
ST. LOUIS, MD, (SLFP.com), November 21, 2011 - This morning, President Obama signed into law the "VOW to Hire Heroes Act". This bill provides practical support to transition our vets from combat to careers, by offering employees tax credits for hiring veterans.

In his remarks, the President also introduced the Veterans Job Bank, the My Next Move for Veterans, the Veteran Gold Card, and the Milicruit virtual recruitment center.

The Veterans Job Bank connects unemployed veterans to job openings with companies that want to hire them. The Obama Administration partnered with leading job search companies to create a new, easy to use online service that enables employers to "tag" job postings for veterans. It launched with more than 500,000 job listings, a number that will continue growing as more companies tag the job postings on their own websites and add them to the Veterans Job Bank.

My Next Move for Veterans is an easy-to-use online tool created by the Department of Labor that allows veterans to enter information about their experience and skills in the field, and match it with civilian careers that put that experience to use.

The Veteran Gold Card provides post-9/11 veterans with extra support as they transition out of the military. Once a veteran has downloaded the Veteran Gold Card, he or she can access six months of personalized case management, assessments and counseling at the roughly 3,000 One-Stop Career Centers located across the country.

Milicruit's virtual recruitment center allows service members, veterans, and military spouses the opportunity to meet and interact with military friendly employers in real time, and for anywhere they are located with an internet connection.