Capital One Financial Corporation (NYSE: COF) announced at the Clinton Global Initiative America meeting that it will partner with Count Me In for Women’s Economic Independence, the leading not-for-profit provider of business education and resources for women, to help create a new small business training program for women veteran business owners this Fall.
Capital One’s $750,000, three-year commitment will fund a new program launching in December that will focus on reaching women veteran business owners who are past the start-up phase, but encountering challenges that are blocking continued business growth. There are currently more than 100,000 businesses in the U.S. that are at least 50 percent owned by women veterans.
“After serving our country, service members are returning home and looking for ways to translate their unique skill sets into the civilian workforce. At Capital One, we’re proud to support our veterans during this important transition,” said John G. Finneran, Jr., General Counsel, Capital One. “We are committed to doing our part. Working together with Count Me In we believe that there is a tremendous opportunity for us to help women veteran business owners succeed and watch their businesses grow.”
The new program will kick-off in December of 2012 with a two-day Leadership Institute at Capital One’s McLean, Virginia, headquarters, right outside of Washington, D.C. The inaugural forum will gather hundreds of women veterans and business growth experts to participate in a variety of panels and workshops, some of which will be led by other female veterans. The forum’s agenda will be shaped by a Women Veterans Steering Committee, comprised of a diverse group of public and private sector authorities on women veteran’s affairs and women-owned business issues.
The event will be followed by a six-month intensive group coaching program designed to help women business owners focus on personal growth and increasing business skills, based on Count Me In’s successful model for women entrepreneurs. Capital One will also engage its skilled pro bono volunteers to provide a range of assistance to the participants and provide additional volunteer services. Capital One and Count Me In will hold additional Leadership Institutes for women veteran business owners over the course of the three-year program.