The Veteran Shark Tank was created in 2012 to promote and assist Veterans who are starting or growing their businesses. Starting out as a small regional event, it is now the premier national pitch competition for veteran entrepreneurs. The FINAL event is typically held before a live audience in Philadelphia to help kick off Army/Navy Football week. Each veteran entrepreneur pitches their business idea to a panel of “sharks” in front of a live streaming, nationwide audience. The winner receives a $50,000 cash prize and all contestants create a lifetime network to help grow and expand their businesses.