Welcome, veterans of Houston! Starting or growing a small business is no small feat, but as a veteran, you’ve already tackled some of the toughest challenges. Now, let’s talk about funding—a word that brings out both excitement and dread in every small business owner. If you’re looking to bolster your business in Houston, a range of grants and loans is specifically tailored to support veteran-owned enterprises. Here are the top options to consider (with a dash of humor and a ton of practical advice).

1. The Veteran Entrepreneur Program: Bringing the Lone Star State Spirit to Business

Texas means business! The Veteran Entrepreneur Program (VEP) from the Texas Veterans Commission is designed to help veteran entrepreneurs. Not only does it provide funding opportunities, but it also offers resources like mentorship, business planning support, and workshops. While this program isn’t exactly a direct loan or grant, it’s packed with resources to guide you toward securing capital through partnerships or regional grants. Who knew there were meetings as important as roll call?

2. The SBA Veterans Advantage Loan Program: Big on Benefits, Low on Fees

The U.S. Small Business Administration (SBA) is a familiar ally to small businesses. Their Veterans Advantage program offers reduced fees on popular SBA loans, which translates into more savings for you. These loans—such as the 7(a) and Express Loans—are particularly great for covering startup expenses, expansions, or operational costs. If you’re a Houston vet ready to expand your business territory, this could be your ticket. Remember, it’s less like red tape and more like red carpet when you’re a veteran!

3. StreetShares Foundation Veteran Small Business Award: A Simple Salute with a Financial Boost

StreetShares Foundation has been cheering on veteran-owned businesses with cash awards of up to $15,000. Though competitive, this award program values originality and community impact, giving bonus points to those who give back. If your Houston-based business has a unique story or aims to uplift the community, this award could be for you. Think of it as a financial pep talk—only with dollars instead of words. Plus, applying for grants often requires storytelling, so dust off those old “war stories” and apply!

4. Houston Veteran Business Enterprise Program (VBEP): Support with a Local Twist

This Houston-based program supports veteran businesses with contracting opportunities and, at times, funding sources. It’s not a grant in the classic sense but serves as a local government bridge to valuable resources and networking opportunities. Houston’s VBEP can help put your business in the spotlight—imagine your operation getting exclusive access to projects funded by the city. With the VBEP, Houston veterans get more than just a pat on the back; they get opportunities to grow their businesses in the heart of Texas.

5. Military Reservist Economic Injury Disaster Loan Program: Supporting Service Disruptions

While we all hope for smooth sailing, the SBA’s Military Reservist Economic Injury Disaster Loan (MREIDL) Program is here for veterans or reservists whose businesses suffer when they’re called to active duty. It provides financial support to help cover operational expenses until the service member returns. Houston veterans, if you find your business at a standstill due to service obligations, MREIDL has your back—and your bottom line.

Taking that first step toward funding can feel daunting, but as veterans, you know a thing or two about challenges. At Viking Funding, we’re here to support you. Call us at (754) 704-9671 to apply for any of these grants or loans, or for guidance on how to make these resources work best for your Houston-based business dreams. Ready, aim, succeed!