DATE: NOV 22, 2021
WASHINGTON — The Department of Veterans Affairs, in collaboration with the PenFed Foundation, helped three women-owned small businesses earn business development grants used to support their growing companies in the economic marketplace.
The recipients received a total of $30,000 from participating in the Oct. 4 Women Veteran GovCon Bootcamp Accelerator Pitch Competition.
The pitch competition was the conclusion of a series of business-development trainings co-hosted by the VA Office of Small and Disadvantaged Business Utilization and the PenFed Foundation. Judges considered several criteria, including the value proposition of the pitch, if it offered a better solution than what is currently available on the market and how the grant might help winners scale and grow their businesses.
When asked about the program, recipients shared that they felt empowered, engaged and better prepared for the future of their business.