By: Leo Shane III   1 day ago
WASHINGTON — President Donald Trump on Wednesday donated his second quarter salary to a new Small Business Administration initiative to help veteran entrepreneurs, the second time this year he has given money to federal veterans initiatives, according to the White House.
White House Press Secretary Sarah Sanders announced the donation at a White House briefing on Wednesday. Linda McMahon, head of the Small Business Administration, accepted the $100,000 check, saying the funds “would be put to good use.â€
Agency officials plan to use the money to launch a new seven-month training program for transitioning troops looking at starting their own businesses. The program will be based on the existing Emerging Leaders Initiative, but tailored to veteran-specific needs.
The existing program includes classroom instruction as well as “opportunities for small business owners to work with experienced coaches and mentors, attend workshops, and develop connections.†McMahon called it a significant resource for veterans shifting from military to civilian life.
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