Veteran Live Work Lofts offers Veterans an opportunity to own a business in the same location as their home and at the same time give them a chance to own property instead of renting. We're in the start up stages mainly targeting homeless Veterans who have graduated from Veteran focused homeless prevention programs. We have marketed the idea in various places around the internet to get an idea of how excepted the concept would be and have gotten a lot of positive feedback. The fact that our program focuses on targeting and correcting two of America's biggest problems right now I feel is one of our major advantages. The fact that each one of our center locations will produce and initial 200 jobs plus the jobs that will be created once the Veteran's business grows. Another advantage we'll have is we're offering the Veteran a percentage of their mortgage back during the first five years so that they can put that money back into the business. Plus we will be giving each Veteran a $20,000 grant towards the setup and operation of their business. We're basically insuring the Veteran's business will be a success. As a competition we face the current housing markets put in place for Veterans, but we feel we'll advance over these markets because we give the Veteran a guarantee of buying their homes plus their business success. Under our program there is less chance of the Veteran's money going to waist on real estate they will never own and on top we're giving the Veteran a chance to grow their present income.
We're using the traditional real estate revenue model ensuring guaranteed revenue by working closely with homeless prevention programs to make the transition from their program to our program as smooth and as easy as possible for the Veteran. I'm a Veteran myself who has graduated from Veteran focused homeless prevention programs and I know the ins and outs of how to connect with these programs to get them to work with Veteran Live Work Lofts. We envision having several centers throughout America's cities. Investors should see a return on their investment within the second year of operation with the company set to go public within the same year. In total we would need $4Million to ensure the success of each location with part of the money being used to acquire the property and build the location and the other for salary and Veteran business investment grants. The initial amount we're seeking is $1 Million to get the company started on a solid foundation.
Aggressively seeking business start-up capital for a project called Veteran Live Work Lofts. All suggestions on fund raising and steps to ensure project success are appreciated.