The PenFed Foundation’s Veteran Entrepreneur Investment Program (VEIP) is launching the Black History Month Ignition Challenge, presented by the PenFed Credit Union on Monday, January 11.
The Ignition Challenge is a competition in which Black military entrepreneurs can identify their business impact and goals, compete for votes, and winners will receive both funding and mentorship. The top, most developed new companies and business ideas will be selected to compete for grants of up to $15,000 and business coaching from VEIP.
Applications are open from January 11 – January 18.
COVID-19 Emergency Response
The PenFed Foundation continues to identify additional ways to provide financial support to veterans and service members during the pandemic. Our rental and utilities assistance under the Emergency Financial Assistance Program is now available for up to 4 months of past due payment. To find out if you are eligible and to apply for this program, please click here: