SAN FRANCISCO, October 3, 2023 — VetsinTech, a prestigious national non-profit organization that supports veterans through tech-oriented programs in education, employment, and entrepreneurship, has revealed the leading contenders in its 2023 Startup Pitch Competition. With assistance from recurring sponsors JPMorgan Chase & Co. and Oracle Netsuite, this competition aims to revolutionize various tech sectors and positively impact veterans worldwide.
Five Veteran-Owned Startups Advance to Finals
The finalists in the VetsinTech Startup Pitch Competition include innovative startups that address various sectors, such as cybersecurity, healthcare, and clean energy. These companies, founded or co-founded by military veterans, showcase their unique approaches within these fields, hoping to secure resources that will help their businesses grow.
Contest Overview
During the final stage of the competition, the startups will have the opportunity to pitch their ideas before a panel of expert judges to win funding, mentorship, and resources. The overall winners will be chosen during a live pitching session, with the final results to be declared in an event on October 6, 2023.
Top Five Competing Startups
The finalists in this year’s competition include SEPP Networks, Tennis Finance, Pixly, Ova Networks, and Ocean Observation Group. These innovative startups will present their ideas before the panel, which aims to provide them with visibility, potential investors, and connections within the industry.
Judging Criteria
The panel of judges will assess each startup based on its innovation, product-market fit, and potential impact. These startups aim to provide unique solutions and services that showcase the skills and resilience of the veteran and military spouse community. The event is set to be an exciting opportunity to gain valuable feedback and drive their businesses forward.
Winning Startups Receive Cash Prizes
The winning startups will receive cash prizes, validating their ideas and providing them with momentum in today’s competitive startup landscape. The event’s sponsors, JPMorgan Chase and Oracle Netsuite are praised for making the competition possible and providing essential support for the veteran founders.
Increased Quality of Participation
VetsinTech Founder and CEO Katherine Webster celebrates the five finalists as she notes an increase in the quality of innovative ideas among participating startups each year. The finalists will now have the opportunity to secure funding to propel their businesses forward potentially.
About VetsinTech
Based in San Francisco, VetsinTech has over 75,000 veteran members spread across its 20 chapters throughout the nation. The organization is dedicated to assisting veterans in transitioning into technology careers after serving in the military, utilizing the national technology ecosystem. They offer educational opportunities, resources, and networking events to these veterans, helping them contribute significantly to the technology industry.
JPMorgan Chase’s Support for Service Members and Veterans
JPMorgan Chase, one of the event’s sponsors, is committed to service members and veterans. The organization aims to bridge the gap between military service and technology careers through strategic partnerships and innovative programs. Their support showcases their belief in the potential and resilience of veterans and recognizes the unique perspectives that ex-service members bring to the global technology industry.
FAQs
What is the VetsinTech Startup Pitch Competition?
The VetsinTech Startup Pitch Competition is an annual event conducted by the non-profit organization, VetsinTech, that aims to support veteran-owned startups in various tech sectors. The competition offers startups the chance to win funding, mentorship, and resources through a panel of expert judges.
Who are the top five competing startups in the 2023 competition?
The finalists for the 2023 VetsinTech Startup Pitch Competition include SEPP Networks, Tennis Finance, Pixly, Ova Networks, and Ocean Observation Group.
What criteria are used to judge the competing startups?
The panel of judges will assess each startup based on their innovation, product-market fit, and potential impact.
What prizes do the winning startups receive?
The winning startups will receive cash prizes, which help validate their ideas and provide momentum in the competitive startup landscape.
Who are the sponsors of the VetsinTech Startup Pitch Competition?
JPMorgan Chase & Co. and Oracle Netsuite are the recurring sponsors for the VetsinTech Startup Pitch Competition, providing essential support for the event and the veteran-founded startups.
What is VetsinTech?
VetsinTech is a national non-profit organization supporting veterans through tech-oriented education, employment, and entrepreneurship programs. It helps veterans transition into technology careers after serving in the military by offering educational opportunities, resources, and networking events.
How does JPMorgan Chase support service members and veterans?
JPMorgan Chase maintains a strong commitment to service members and veterans by developing strategic partnerships and innovative programs that aim to bridge the gap between military service and technology careers. Their support reflects a belief in the potential and resilience of veterans and acknowledges the unique perspectives that ex-service members bring to the global technology industry.
Featured Image Credit: Photo by Sharefaith; Pexels; Thank you!
