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Business and Money

MX Signs Four-year Sponsorship of Patriot Boot Camp, Helping Veteran Communities Build Businesses


Military members, veterans and spouses to receive entrepreneurial training from 50 mentors Aug. 23-25 at MX offices in Lehi, Utah

Published on August 17, 2019

MX, the leading data platform for banks, credit unions, and fintechs, has signed a four-year sponsorship of Patriot Boot Camp. MX will also be hosting the next bootcamp August 23-25 at MX headquarters in Lehi, Utah – helping transitioning members of the military, veterans and military spouses pursue their entrepreneurial dreams.

“Coming from a military family as well as having attended the U.S. Air Force Academy, I have seen firsthand the incredible entrepreneurial potential of these brave men and women who serve our country,” said Ryan Caldwell, founder and CEO of MX. “We are very proud to be a four-year sponsor of Patriot Boot Camp and look forward to hosting these talented people at MX headquarters. We want to do all we can to help contribute to their entrepreneurial success.”

“We’ve worked hard to be the only non-profit in the U.S. offering intensive entrepreneur boot camps – through both in-person training and year-round virtual mentoring – to veteran, service members and military spouses,” said Jen Pilcher, CEO of Patriot Boot Camp. “It’s an honor to have the continued support of the MX team as well as their beautiful facilities in Utah for our August event.”

For years MX has been involved with Patriot Boot Camp through its relationship with USAA, whose subsidiary is an investor in the company since 2015, leading up to MX hosting and sponsoring the 2019 event presented by Techstars and sponsored by USAA, the Jared Polis Foundation, Google for Startups, and the MetLife Foundation. Over the three days in August at MX’s offices, current military and military spouse entrepreneurs will meet with more than 20 speakers and 50 mentors, all of whom have volunteered their time to provide one-on-one mentoring sessions.

Patriot Boot Camp by the numbers:

Jobs created: 1,600+
Hours of mentorship: 2,500+
Alumni entrepreneurs: 850+
Entrepreneurs attending PBC Utah: Coming from 23 states, one from Austria
Capital raised by alumni: $100 million
Diversity: 50% service-connected, disabled veteran-owned business
Female founders: 23%
Successful company exits by alumni: 8

SOURCE MX
Finance Reporter