PenFed Foundation Launches Veteran Entrepreneur Accelerator Program for May 2026

The PenFed Foundation for Military Heroes recently announced its May 2026 cohort for the Veteran Entrepreneur Program, a unique accelerator designed to support veterans and military spouses in their entrepreneurial journeys. This initiative, rooted in a commitment to the successful transition of veterans from active service to civilian life, emphasizes community, mentorship, and innovative thinking to bolster business growth.

A Comprehensive Program

The Veteran Entrepreneur Program begins with a three-day in-person session held in Tysons, Virginia, followed by six weeks of virtual learning. Participants are provided with an array of resources, including networking opportunities, roundtable discussions, one-on-one mentorship from experienced business leaders, and guidance on how to secure funding. By focusing on marketing strategies, communication skills, and investor relations, the program aims to equip veteran entrepreneurs with the knowledge necessary for sustainable success.

Terry Williams, a retired U.S. Marine Corps Brig. Gen. and director of the program, expressed excitement about hosting the new cohort. He noted that the unique qualities veterans possess, such as discipline, adaptability, and leadership, make them particularly suited for entrepreneurship. The program itself is provided at no cost to participants, and importantly, the PenFed Foundation does not take equity in the businesses that it supports. This structure enables entrepreneurs to maintain ownership and control over their enterprises while benefiting from the Foundation's resources and networks.

Meet the Innovators

The May 2026 cohort boasts a diverse line-up of innovative companies and solutions:

1. Ascend HealthTech Systems: Founded by U.S. Army veteran John Meseroll, this company addresses inefficiencies in healthcare by providing a platform that tracks and redistributes unused medical supplies to hospitals, ultimately improving patient care.

2. EasyFund: Alshawn Johnson, a U.S. Army veteran, developed EasyFund, which helps youth sports teams raise money through everyday shopping, creating a transparent method for funding while supporting local businesses.

3. MapAware: Steve Livezey, another U.S. Army veteran, created MapAware to simplify drone mapping for construction projects. This service transforms aerial photos into detailed maps, making it easier for contractors to manage projects efficiently.

4. Not A Very Good Teacher (NAVGT): Timothy Gick, a U.S. Marine, developed NAVGT to connect children with leadership and STEM pathways through engaging play, showcasing military themes that resonate with youth.

5. OnGuard: Kelly Christenson, a military spouse, founded OnGuard to streamline the process of securing professional security services, fostering transparency and professionalism in an often outdated industry.

6. OSHUN: This luxury skincare brand, started by U.S. Air Force veteran Mike Johnson, offers Halal-certified products with a commitment to high-quality ingredients, catering to a global market.

7. SentrIQ Labs: Eric Garcia, a U.S. Air Force member, launched SentrIQ Labs to aid SaaS companies in automating compliance processes, easing the transition to audit-ready documentation with real-time data insights.

8. SOCYiD: Created by U.S. Coast Guard veteran Wesley Little, this platform enhances real-world connections through secure identity verification and user control mechanisms, prioritizing safety in social interactions.

9. Strain Guard: Matthew Putman, a U.S. Navy veteran, and his wife Valerie developed Strain Guard, a solution that protects electrical cables in RVs and marine systems, reducing damage and risk of fire.

10. Symbiosis.io: Founded by Scott Miller, a U.S. Navy veteran, this company bridges AI and cybersecurity, offering cutting-edge infrastructure for businesses committed to risk reduction and safety.

Join the Movement

The PenFed Foundation continues its dedication to empowering military families by nurturing the next generation of veteran entrepreneurs. Those interested in joining the upcoming cohorts are encouraged to apply through the PenFed Foundation's website. With over $55 million in support provided to veterans, active-duty service members, and their families, the Foundation exemplifies a commitment to community and success.

For further details, visit PenFed Foundation.