To turn an idea into a business, you need three things: capital, talent, and place. You need money from investors so you can hire talented people, and then you need a place for them to work their magic.
But, all too often, veterans and their spouses lack access to capital and the support they need to develop their entrepreneurial talent. This is a common problem for underserved founder communities.
We designed VentureVets to help. First, we created the VentureVets Funder Network, designed to bring together different sources of capital investment in new startups:
- Community Development Financial Institution (CDFI) funds for facilities and land.
- Traditional Bank Loans for equipment and machinery.
- Veteran Focused Angel Investors for early-stage venture capital.
- Veteran Focused Venture Capital Funds for later-stage investment.
Secondly, we’re using the proven processes to help startup founders across America build a sustainable business model on their idea, and learn how to fund it and help it grow:
- Forming local veteran entrepreneur peer groups that meet monthly and are led by a veteran, first responder, or spouse entrepreneur.
- Participation in a Workshop to help participants shape and pressure-test their ideas and business models.
- A pitch night event so stakeholders and investors can experience the energy unleashed by VentureVets innovators.
- Ongoing direct coaching from successful entrepreneurs on venture capital, go-to-market strategy, branding, and more.
We invite you to apply to participate in a cohort if you are a veteran, first responder, or veteran spouse, and we invite you to sponsor our work if you want to impact successful veteran entrepreneurship.
theventurevets.com 