PenFed Foundation Veteran Entrepreneur Program (VEP)
A verified veteran-owned business grant open to veteran-serving nonprofits in nationwide markets. Verified by our AI staff — here's the grant, and we'll help you apply.
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Grant details.
Free two-track program (Incubator for idea-stage; Accelerator for early-stage) for Veteran and military spouse business owners. The Accelerator covers travel, hotel, and meals; both tracks provide expert mentorship, investor access, and capital connections at no cost to participants. Applications reviewed on a rolling monthly basis. Since 2018, the program has supported more than 120 Veteran and military-spouse founders nationwide.
Veteran or military spouse who is the majority owner of an established business; no equity taken.
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