PROGRAM DETAILS

The military provides veterans with the exact skills – leadership, teamwork, discipline, and flexibility – needed to launch successful businesses. The PenFed Foundation Veteran Entrepreneur Investment Program’s (VEIP) mission is to provide veteran-owned companies the resources and network to access capital to build and grow their businesses.

Each year, the PenFed Foundation, in partnership with Edelman Intelligence, produces the Top U.S. Cities for Veteran Entrepreneurs List. Three cities from the Lone Star State made the list - Austin, Houston, and Dallas.

KEY DATES:

September 15, 2021 – Applications Open

September 30, 2021 – Applications Close

October 8, 2021 – Finalists From Each City Announced

November 8, 2021 – Austin Pitch Competition

November 9, 2021 – Houston Pitch Competition

November 10, 2021 – Dallas Pitch Competition

Late November, 2021 - Final Pitch Competition for Grants Prizes

AWARDS:

First Place: $15,000
Second Place: $10,000
Third Place: $5,000

ALL THREE FINALISTS RECEIVE:

- Pitch Preparation
- National Promotion

PenFed Foundation VEIP’s Texas Tour Pitch Competition is an opportunity for growth in the military entrepreneur community.

Texas represents the second largest population in veteran owned business, across North America.

TOGETHER, we’re inspiring veteran business!

HOW IT WORKS

Applications will be accepted from Texas military entrepreneurs based near Austin, Dallas, & Houston* (veterans, active duty, Reserve, National Guard and military spouse) Top three finalists will be selected from each city. All finalists will receive pitch preparation from PenFed Foundation VEIP. Finalists will participate in live pitch competitions during our "Texas Tour" visit in November (see dates below). The winner from each of the three cities will then move on to a final virtual pitch competition. Grants will be awarded for 1st, 2nd, & 3rd place.
*If you are a military entrepreneur who lives outside of Austin, Houston, or Dallas, you are welcome to submit an application for the city that closest to you.

The military provides veterans with the exact skills – leadership, teamwork, discipline, and flexibility – needed to launch successful businesses. The PenFed Foundation Veteran Entrepreneur Investment Program’s (VEIP) mission is to provide veteran-owned companies the resources and network to access capital to build and grow their businesses.

Each year, the PenFed Foundation, in partnership with Edelman Intelligence, produces the Top U.S. Cities for Veteran Entrepreneurs List. Three cities from the Lone Star State made the list - Austin, Houston, and Dallas.

PARTNERS:

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