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Each year, Veterans Day is an opportunity to recognize the sacrifices made by the United States military in support of our country. But the holiday also serves to promote opportunities for veterans as they enter or re-enter the workforce, which is VetsinTech’s main goal.
VetsinTech is a non-profit organization that seeks to support veterans by helping them “connect them to the national tech ecosystem”. Currently, the organization has worked with 70,000 veterans and has 20 chapters across the United States, employing strategies such as boot camps, workshops, and mentorship programs to engage and support veterans in their entrepreneurial goals. .
VetsinTech Startup Pitch Competition 2022
Recently, VetsinTech announced the winners of its second annual startup pitch competition. The event invited new startups to share their business solutions that could fill “a big void in the market”. The only requirement is that the founders of the startup must be veterans or military spouses.
The group recently revealed its finalists. This year’s winner — and winner of the $25,000 grand prize — was Native, a platform described as a secure approach to multilingual messaging that “allows people to communicate in the language they know best.”
The second-place winner received $10,000 and was awarded to startup Zimba, a developer of banking software for financial institutions in emerging markets.
In third place, and winner of $5,000, was a software-as-a-service (SaaS) platform called Parlay. Parlay is designed to help lenders assess loan applications using “alternative credit decision data,” providing more opportunities for banks to engage with communities and underrepresented borrowers.
Ben Lang, CEO of Native, expressed his gratitude for the organization, the event and its sponsors, saying the competition succeeded in creating space and an opportunity for veteran entrepreneurs to pursue their “collective potential”.
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