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Each year, Veteran’s Day exists as an opportunity to acknowledge the sacrifices made by American service members in support of our country. But the holiday also serves to promote opportunities for veterans as they enter or reenter the workforce, which is the primary goal of VetsinTech.
VetsinTech is a non-profit that looks to support veterans by helping "connect them to the national technology ecosystem." Currently, the organization has worked with 70,000 veterans and has 20 chapters in the U.S., employing strategies like boot camps, workshops, and mentoring programs to engage with and assist veterans with their entrepreneurial goals.
VetsinTech 2022 Startup Pitch Competition
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 gap in the market." The only requirement is that the startup's founders must be veterans or military spouses.
The group recently revealed its finalists. This year’s winner — and recipient of the $25,000 grand prize — was Native, a platform described as a secure approach to multilingual messaging that "empowers 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 to be used by 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 decisioning data,” providing more opportunities for banks to engage with underrepresented communities and borrowers.
Ben Lang, the CEO of Native, expressed gratitude for the organization, event, and its sponsors, saying the competition was successful in creating a space and opportunity for veteran entrepreneurs to pursue their "collective potential."
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