Frequently Asked Questions
GUIDANCE for APPLICANTS (click here)
Do you only give away boats?
No! A "Vessel" is any equipment you may need to reach your goal of self-employment.
What kind of businesses do you equip?
We support all kinds of veteran entrepreneurs and frankly marvel at the ingenuity of business ideas.
Is the equipment new?
Not always. Sometimes used equipment is donated or purchased in good used condition.
What is the average value of equipment grants?
Most of our vessels are valued at $5,000 to $6,000 but some may be much less or more depending on the need.
Do I have to be a Post 9/11 veteran to receive a vessel?
No, but Post 9/11 returning combat veterans do receive extra consideration. Veterans with VA disability ratings over 80% also have preference.
How long does the application process take?
It depends. We do not have a warehouse of equipment. All approved applications are matched with corporate or individual donations or purchased from donor funds.
Is there a long waiting list?
Often we have a waiting list of up to 6 months, but it depends on the availability of the vessels requested and the ability to match a donor with needed equipment.
Is my DD214 kept secure?
YES! All DD214 papers are maintained on a locked external drive that is only available to designated staff. We highly recommend that you redact your Social Security Number.
What geographic area do you serve?
We cover the entire United States.
Why do you need a Business Plan?
WVFV has partnered with the expert evaluators at The Mentoring Corps who work with our veteran applicants to assure that you have the right plans to be successful and that the equipment will contribute to your success.
May I still apply if I do not have a complete business plan?
Yes, but you need to complete a full description of your business concept and your timeline for start up.
I have a service-connected disability rating. Can I apply for adaptive equipment to help me in my own business?
Yes! And we can recommend resources to identify adaptations to equipment.
How will you use my photographs and story if I receive a vessel?
WVFV finds that your stories are the most successful way we can generate new funding to help more veterans. We will publicize our awards to media in your area and the nation as well as include in our grant applications to foundations.
What do you want in return?
NOTHING! We thank you for your service and ask only that you “Pay it Forward” by helping fellow veterans in need and by serving your community as you served your country.