Fiserv Extends Commitment to Invest in Growth of IVMF
The Institute for Veterans and Military Families (IVMF) announced an additional $ 7 million pledge from Fiserv, a leading global provider of payment technology and financial services and a proud supporter of the military community. As a long-time partner of the IVMF, Fiserv extends an initial commitment made in 2014 to fund entrepreneurship programs and initiatives for veterans and military spouses.
This support will enhance and expand existing training programs designed specifically for military service members in transition and owners of small military-related businesses, and create new opportunities to reach out to the veteran community and spouses / life partners. in underserved areas.
Fiserv’s continued commitment to invest in the growth of IVMF will allow additional programming to reach a broader participant base of established, seasoned entrepreneurs and help address key business ownership challenges. IVMF’s most recent national survey of military-affiliated entrepreneurs indicates that seasoned entrepreneurs face a variety of barriers, including access to capital, difficulty navigating resources, barriers to the certification process, and lack of assistance from medical and disability service providers. Success or failure does not depend on one, but rather several factors related to the obstacles and challenges faced by veteran entrepreneurs while navigating the complex and fragmented veteran entrepreneurship ecosystem.
The IVMF partnership is part of Fiserv’s broader commitment to the military community through Fiserv Salutes, an initiative dedicated to making the company an employer of choice for veterans and military spouses, and a provider of Complete suite of business solutions for veteran-owned businesses. .
âSupporting those who served in the military isn’t just the right thing to do, it’s the right thing to do. Being an advocate for this community and ensuring that it has the best opportunities to succeed embodies our Fiserv values ââand is extremely important to me personally, âsaid Frank Bisignano, President and CEO of Fiserv and member of the advisory board of the ‘IVMF. âFiserv is proud of our partnership with IVMF and we look forward to embarking on the new routes that we will open in the future. “
The partnership between the two organizations began seven years ago with a pledge of $ 7 million to the IVMF to fund the creation and implementation of innovative entrepreneurship resources such as the Coalition for Veterans Owned Business. and the Center of Excellence for Veteran Entrepreneurship. Fiserv and IVMF are also teaming up to power the Vet100, honoring the 100 fastest growing veteran-owned and operated companies in the country, as identified by Inc. magazine.
âThe growth of the IVMF and its 13 National Veterans Programs is due in large part to Fiserv’s unwavering commitment to the military and veteran community,â said J. Michael Haynie, Executive Director of IVMF and vice-chancellor in charge of strategy. initiatives and innovation at the University. âFiserv’s leadership role in creating the Coalition for Veteran-Owned Business (CVOB) has given national veteran-owned businesses an unprecedented opportunity to connect and engage Fortune business supply chains. 500. More than 13,000 veteran-owned companies have already benefited from CVOB, first launched as part of a collaboration between Fiserv and IVMF. Additionally, Fiserv continues to support innovation within the community of seasoned business owners. Fiserv’s support for VET100, created by IVMF and Inc 5000 to recognize the fastest growing veteran-owned businesses in the United States, has been a game-changer for the veteran community. We are grateful for their continued support and commitment to the IVMF, which will fuel exciting new collaborations, in support of those who have worn our nation’s uniform and their families. “
Fiserv, Inc. (NASDAQ: FISV) aspires to move money and information in a way that moves the world. As a global leader in payments and fintech, the company helps its clients achieve the best results through a commitment to innovation and excellence in areas such as account processing and digital banking solutions, card issuers processing and network services, payments, e-commerce. , merchant acquisition and processing, and the CloverÂ® cloud-based point of sale solution. Fiserv is a member of the S&P 500Â® Index and the FORTUNEÂ® 500, and is one of the World’s Most Admired FORTUNE CompaniesÂ®. Visit fiserv.com and follow social media for more information and the latest company news.
The Institute for Veterans and Military Families (IVMF) is the nation’s premier institute of higher education with a special focus on improving the lives of service members, veterans and their families nationwide. Through its professional staff and experts, and with the support of its founding partner JPMorgan Chase Co., the IVMF offers leading vocational and entrepreneurial education and training programs, while conducting practical research. , policy analyzes and program evaluations. IVMF also supports ex-combatants and their families, once they return to civilian life, as they navigate the maze of social services in their communities, improving access to such care by working side by side. with local suppliers across the country. The institute is committed to advancing the after-service life of those who have served in the U.S. military and their families.