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The nation’s capital reportedly led the pack this 12 months amongst American cities the place veteran entrepreneurs had been most certainly to thrive.
Washington, D.C., was ranked as the most effective massive U.S. metropolis for veterans to begin a enterprise in 2025, adopted by Raleigh, North Carolina; Tampa, Florida; Austin, Texas; and Dallas, Texas, in accordance with a brand new examine from the PenFed Basis for Army Heroes, a nationwide nonprofit targeted on serving to veterans transition from service to civilian life.
“Our nation’s veterans bring leadership, discipline, and an unwavering commitment to every challenge they take on,” Andrea McCarren, president of the PenFed Basis for Army Heroes, mentioned in an announcement. “Those same qualities make them exceptional entrepreneurs. This study shines a spotlight on the cities that are creating real opportunities for veterans to thrive as business owners.”
Cheyenne, Wyoming, was ranked as the highest small U.S. metropolis for veterans, in accordance with the examine.
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FILE PHOTO: A soldier and businessman are pictured shaking arms. The U.S. is residence to 2.5 million veteran-owned companies, which collectively generate greater than $1 trillion in annual income and make use of 6 million individuals. (iStock / iStock)
High 10 massive cities for veteran entrepreneursWashington–Arlington–Alexandria, DC–VA–MD–WVRaleigh–Cary, North CarolinaTampa–St. Petersburg–Clearwater, FloridaAustin–Spherical Rock–San Marcos, TexasDallas–Fort Price–Arlington, TexasSeattle–Tacoma–Bellevue, WashingtonSan Antonio–New Braunfels, TexasMilwaukee–Waukesha, WisconsinCleveland, OhioDenver–Aurora–Centennial, Colorado
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An aerial view of the Washington, D.C., skyline. Washington, D.C., was ranked as the most effective massive U.S. metropolis for veterans to begin a enterprise in 2025, in accordance with a brand new examine from PenFed Basis for Army Heroes. (iStock / iStock)
High 10 small cities for veteran entrepreneursCheyenne, WyomingDurham–Chapel Hill, North CarolinaSioux Falls, South Dakota–MinnesotaRapid Metropolis, South DakotaColumbia, MissouriGrand Island, NebraskaColorado Springs, ColoradoOmaha, Nebraska–IowaFargo, North Dakota–MinnesotaFayetteville, North Carolina
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A view of Cheyenne, Wyoming, at night time. Cheyenne was ranked as the highest small metropolis for veteran entrepreneurs in 2025. (iStock / iStock)
The U.S. is residence to roughly 2.5 million veteran-owned companies, which collectively generate greater than $1 trillion in annual income and make use of 6 million individuals, the nonprofit mentioned.
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The rankings had been compiled utilizing knowledge from greater than 30 authorities and nonprofit sources, and a complete of 53 quantitative indicators had been analyzed throughout 387 metropolitan statistical areas, in accordance with PenFed Basis for Army Heroes.
