PenFed Foundation helping female vetpreneurs jump-start their businesses

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VEIP partners established women veteran entrepreneurs with businesses in government contracting through free, business-focused education sessions, coaching, networking opportunities and access to grants and fellowships for six months. Photo credit PenFed Foundation

Female veteran small business owners who provide government contracting services are eligible to take part in a Veteran Entrepreneur Investment Program offered by PenFed Foundation.

VEIP partners established women veteran entrepreneurs with businesses in government contracting through free, business-focused education sessions, coaching, networking opportunities, and access to grants and fellowships for six months.

“We are excited to launch the Government Contractor Accelerator, while continuing to support women veteran-owned, small businesses and promoting talented military women entrepreneurs,” said PenFed Foundation President and retired U.S. Army Gen. John W. Nicholson, Jr. “Our sponsors and the PenFed Foundation share the goal of creating a business ecosystem that establishes service in the U.S. military as the most reliable pathway to successful entrepreneurship.”

In addition to class sessions focused on relationship building, product/market analysis, business development and growth preparation, participants will meet in small groups and receive coaching from industry leaders from AstraZeneca, Halfaker & Associates, OptumServe, and others.

Applications for the program can be accessed here.

The program is open to female veterans who are VA Center for Verification and Evaluation verified, have three to five years in business, past performance as a prime contractor or subcontractor within the specified business sectors, and are available to attend all sessions.

The first session will begin June 28, and the program will conclude in October with a pitch competition.

Reach Julia LeDoux at Julia@connectingvets.com.

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