Exciting opportunity for small business owning Veterans!

May 2021//News

Calling all veteran, active duty, guard, reserve, and military spouse entrepreneurs in Wisconsin, Iowa, Minnesota, South Dakota, and North Dakota! The PenFed Foundation’s Veteran Entrepreneur Investment Program (VEIP) is launching the Ignition Challenge, presented by MidCountry Bank on Tuesday, May 4.


The Ignition Challenge is a competition in which 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 $15,000 and business coaching from VEIP.


Applications are open from May 4 – May 19. Please see VEIP’s website for more information and to apply today!

Northern Region

5209 Ramsey Street Duluth, MN 55807

Southern Region

724 Madison Avenue Mankato, MN 56001

Metro Region

1000 University Avenue West Suite 10, St. Paul, MN 55104