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The Most Supportive States For Veteran-Owned Businesses in 2026
Transitioning from military service to civilian life can present challenges for many veterans, which often leads them to pursue entrepreneurship. In fact, there are over 2.4 million veteran-owned businesses across the United States. However, the level of support these businesses receive can vary significantly by state.
To identify the most supportive environments for veteran entrepreneurs, we evaluated the number of veteran-owned businesses in each state alongside the percentage of state-based sales directed towards veterans. Here’s what we found.
Most Supportive States
- New Hampshire
- South Carolina
- Mississippi
- Alabama
- Maine
- Tennessee
- West Virginia
- South Dakota
- North Carolina
- Virginia
These states offer robust support for veterans looking to establish their own businesses. Continue reading to discover which states are less supportive.
How We Determined The Most Supportive States For Veteran-Owned Businesses
Assessing support for veteran-owned businesses can be complex. For our analysis, we focused on identifying states where these businesses are flourishing, indicating a favorable environment for veteran entrepreneurs.
We evaluated two key factors:
- The percentage of all businesses owned by veterans
- The percentage of state-based sales that benefit veterans
Our data was sourced from the U.S. Small Business Administration, utilizing the most recent statistics available.
1. New Hampshire

Percent of State Sales: 6
Percent of Veteran-Owned Businesses: 12
New Hampshire ranks as the most supportive state for veteran-owned businesses, with veterans owning 12% of all businesses and 6% of state-based sales supporting veterans—the highest percentage in the nation.
2. South Carolina

Percent of State Sales: 5
Percent of Veteran-Owned Businesses: 13
South Carolina follows closely behind, boasting 13% of its businesses as veteran-owned and 5% of sales directed towards veterans, demonstrating a strong commitment to their success.
3. Mississippi

Percent of State Sales: 5
Percent of Veteran-Owned Businesses: 11.4
In Mississippi, 11.4% of businesses are veteran-owned, securing its place as the third most supportive state. The state actively promotes veteran entrepreneurship through various initiatives.
4. Alabama

Percent of State Sales: 5
Percent of Veteran-Owned Businesses: 11.2
Alabama showcases its support for veterans with 11.2% of its businesses owned by veterans, alongside 5% of sales directed to veteran initiatives.
5. Maine

Percent of State Sales: 4
Percent of Veteran-Owned Businesses: 11
Maine ranks fifth, with 4% of state sales supporting veterans and 11% of businesses owned by veterans, showcasing a solid commitment to veteran entrepreneurship.
6. Tennessee

Percent of State Sales: 5
Percent of Veteran-Owned Businesses: 10.8
Tennessee is the sixth most supportive state for veteran-owned businesses, with 10.8% of businesses veteran-owned and 5% of sales contributing to veteran support.
7. West Virginia

Percent of State Sales: 4
Percent of Veteran-Owned Businesses: 11.3
West Virginia ranks seventh, with 11.3% of businesses owned by veterans and 4% of state sales supporting them, highlighting the state’s commitment to veteran entrepreneurs.
8. South Dakota

Percent of State Sales: 5
Percent of Veteran-Owned Businesses: 10.6
South Dakota ranks eighth with 10.6% of businesses owned by veterans and 5% of state sales benefiting veterans, showcasing its supportive environment.
9. North Carolina

Percent of State Sales: 4
Percent of Veteran-Owned Businesses: 10.7
North Carolina ranks ninth, with 10.7% of businesses veteran-owned and 4% of state sales directed towards veterans.
10. Virginia

Percent of State Sales: 4
Percent of Veteran-Owned Businesses: 12
Concluding our list is Virginia, with 12% of businesses owned by veterans, making it a favorable state for veteran entrepreneurs despite its tenth place ranking.
Supporting Veteran-Owned Businesses
The ten states highlighted here recognize the unique challenges veterans face when transitioning to civilian life and entrepreneurship. Their commitment to fostering veteran-owned businesses is evident in both the number of veteran-owned enterprises and the sales dedicated to supporting veterans.
While these states offer significant support, others lag behind. For a full list of states ranked by their support for veteran-owned businesses, see below.
The Most (and Least) Supportive States
| Rank | State | Percent Of Veteran-Owned Businesses | Percent Of State Sales |
|---|---|---|---|
| 1 | New Hampshire | 12 | 6 |
| 2 | South Carolina | 13 | 4 |
| 3 | Mississippi | 11 | 4 |
| 4 | Alabama | 11 | 4 |
| 5 | Maine | 11 | 4 |
| 6 | Tennessee | 10 | 4 |
| 6 | West Virginia | 11 | 4 |
| 8 | South Dakota | 10 | 4 |
| 9 | North Carolina | 10 | 4 |
| 9 | Virginia | 11 | 4 |
| 11 | Vermont | 10 | 4 |
| 12 | Nevada | 10 | 4 |
| 13 | Oklahoma | 11 | 4 |
| 14 | Arkansas | 11 | 3 |
| 15 | Montana | 10 | 4 |
| 16 | Georgia | 10 | 3 |
| 16 | Hawaii | 9 | 4 |
| 18 | Alaska | 11 | 3 |
| 19 | Rhode Island | 10 | 3 |
| 20 | Arizona | 9 | 4 |
| 21 | Louisiana | 10 | 3 |
| 22 | Maryland | 9 | 4 |
| 23 | Missouri | 10 | 3 |
| 23 | Nebraska | 10 | 3 |
| 23 | Pennsylvania | 10 | 3 |
| 26 | Massachusetts | 9 | 3 |
| 27 | Oregon | 9 | 4 |
| 28 | New Mexico | 9 | 4 |
| 29 | Indiana | 9 | 3 |
| 30 | Ohio | 10 | 3 |
| 31 | North Dakota | 9 | 3 |
| 32 | Florida | 8 | 3 |
| 33 | Iowa | 10 | 2 |
| 33 | Kentucky | 10 | 2 |
| 33 | Minnesota | 9 | 3 |
| 33 | Wyoming | 10 | 2 |
| 37 | Colorado | 9 | 3 |
| 38 | Wisconsin | 9 | 3 |
| 39 | Delaware | 9 | 2 |
| 40 | Texas | 9 | 3 |
| 41 | California | 7 | 3 |
| 42 | Utah | 7 | 3 |
| 43 | Michigan | 8 | 3 |
| 43 | Washington | 9 | 2 |
| 45 | Connecticut | 9 | 2 |
| 46 | Idaho | 8 | 3 |
| 47 | Kansas | 9 | 2 |
| 48 | Illinois | 7 | 2 |
| 49 | New Jersey | 7 | 2 |
| 50 | New York | 6 | 2 |

