Franchise News Release: Tampa, Fl - (Oct-15-2003)

Veterans Franchise Program Enlists i9 Sports


i9 Sports Corporation is proud to announce that it has joined the growing list of participants in the Veterans Transition Franchise Initiative, commonly known as "VetFran". This special program is designed to aid military veterans in becoming small-business owners, and to help ease their entry into this rapidly-growing sector.

"Through their service, America's veterans have earned the gratitude of the entire nation," said Dr. Leo S. Mackay Jr., Deputy Secretary of Veterans Affairs. "I am encouraged that so many corporations have chosen to thank veterans by helping place the dream of business ownership within their reach."

The International franchise Association (IFA) first introduced VetFran in the early 1990s as a way for franchisers to express gratitude to military members for their service during the first Gulf War. The program was re-introduced September 2002. The 100 companies offering VetFran discounts to veterans represent a broad range of small-business ownership opportunities, including restaurant, retail, service and technology franchises.

More than a dozen veterans have acquired Franchises through the VetFran program during the past year, and applications are now being considered from about two dozen other veterans.

Many VetFran franchisers allow veterans to acquire a franchise with a down payment of 10 percent or less of the initial franchise cost, which generally ranges from $45,000 to $150,000 for a small business. Beginning November 1, 2003 i9 Sports will provide a discount of up to 10% of of the Franchise fee to any qualified honorably discharged veteran who has been identified for training to operate a specific i9 Sports territory.

"Today's young men and women who are in the cockpits of our frontline fighters, on the decks of our fighting ships and in the turrets of our main battle tanks will be the veterans of tomorrow," said Mackay. "VetFran offers the means by which many of them can create a meaningful civilian career when they put aside their uniforms."

i9 Sports is honored to be a part of supporting our nation's veterans.

i9 Sports Corporation (Tampa, FL) was founded in 2002 by Frank V. Fiume as a National Sports & Recreation Franchise whose objective is to provide communities with quality, professionally organized venues for amateur sports enthusiasts of all ages. Each i9 Sports franchise is individually owned and operated by sports enthusiasts to host Leagues, Tournaments, Camps, Clinics, & Special Events in 17 Sports in an exclusive territory utilizing nationally recognized sanctioning body rules with i9 Sports comprehensive training, guidance, and on-going local support. i9 Sports is a proud member of the National Recreation & Parks Association (NRPA), National Intramural-Recreational Sports Association (NIRSA), National Sporting Goods Association (NSGA), Sportsplex Operators & Developers Association (SODA), & the International Franchise Association (IFA)


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