StreetShares Appointed To Leadership In The Coalition For Veteran Owned Business
Joins Founding Corporate Members First Data, IVMF, USAA, Walmart, Disney, and others
WASHINGTON, May 13, 2015 /PRNewswire/ -- StreetShares, the small business funding marketplace described as "Shark Tank meets eBay," was named the lead Founding Affiliate of the Coalition for Veteran Business (CVOB), an alliance created by First Data Corporation and the Institute for Veterans and Military Families at Syracuse University (IVMF).
The CVOB's mission is to support the successes of veteran, service member, and military spouse-owned businesses by providing entrepreneurial education and training, small business resources and solutions, and commerce and supplier opportunities. The coalition is composed of industry leaders committed to providing innovative solutions and thought leadership to grow and support the Veteran business community.
"Veterans make outstanding business owners," StreetShares CEO Mark L. Rockefeller (@MarkRockefeller) said. "It is a joy and honor to be a part of this extraordinary group of companies, all committed to veterans entrepreneurship."
StreetShares will lead the CVOB's Affiliate Member group, which includes ID.me, Vet Advisor, MilitaryOneClick, The National Veteran-Owned Business Association (NaVOBA) and Victory Media, Rosie's Network and The American Legion. CVOB's Corporate Founding Members include American Express, BP America, Enterprise Holdings, Inc., First Data, FleishmanHillard, IVMF, KKR, Lockheed Martin Corporation, SunTrust Banks, Inc., USAA, U.S. Small Business Administration, Walmart and Sam's Club, and Walt Disney Company.
The initiative was formally announced at a launch party in downtown Washington, D.C. last Wednesday.
StreetShares is an affinity-based small business lending marketplace that connects small business owners with qualified retail and institutional investors. Investors compete in an online auction to fund portions of the requested loan, and StreetShares combines the lowest bids into a single loan. StreetShares blends peer-to-peer lending with traditional banking. StreetShares is veteran-owned and has a particular focus on funding the next great generation of veteran-owned businesses.
CONTACT
Laura Walton, Media
[email protected]
(571) 325-2966
SOURCE StreetShares, Inc.
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