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Veteran Business
September 1, 2026 · By Nick Busse

Roseville Bets on Veteran Founders: Inside VETS Academy, California's First Cohort Business Incubator for Veterans

The Veteran Entrepreneur Tribe of Sacramento is launching the inaugural VETS Academy in Roseville — a free, cohort-based incubator giving veteran founders training, mentorship, capital opportunity, and a network built on the structure they left behind.

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Roseville Bets on Veteran Founders: Inside VETS Academy, California's First Cohort Business Incubator for Veterans

When veterans take off the uniform, they do not lose their leadership, their discipline, or their ability to execute under pressure. What they lose, more often than not, is the unit — the built-in team, the clear path forward, and the trusted network that made execution possible. That gap is exactly what the Veteran Entrepreneur Tribe of Sacramento (VETS) was built to close, and this fall the organization is closing it in a concrete way: the inaugural cohort of VETS Academy, a free business incubator launching in partnership with the city of Roseville.

A cohort, not a seminar

VETS Academy is a cohort-based incubator, not a one-off workshop. Accepted applicants move through six Saturday training sessions at the Roseville Venture Lab from October 3 to November 14, 10:00 a.m. to 1:00 p.m. Each session is built to produce something tangible: a personalized business plan, a sales and marketing methodology, and the operational systems that separate a side hustle from a company that can hire. Training is followed by bi-monthly mentorship running from November 2026 through August 2027 — ten months of accountability with entrepreneurs and industry experts who have already done it.

The program advertises four pillars: deep-dive sessions, ten months of mentorship, capital opportunity, and a powerful network. Applications are open August 20 through September 20, with acceptance letters going out September 25. The cost to participants is zero. At this stage the Academy is exclusively available to veterans and entrepreneurs building businesses in Roseville, with the organization signaling it may expand to other communities.

Who is behind it

VETS is a registered 501(c)(3) nonprofit amplifying veteran and military family-owned small businesses across the Sacramento region through community, capital, and practical playbooks. It is led by Tim Swaney, president and cofounder, a Navy veteran of nearly a decade with two deployments in dangerous environments. Swaney transitioned in 2019 and found the purpose and camaraderie of service missing on the other side. He has since founded and exited multiple ventures, including a real estate investment company and a cybersecurity firm he still operates that helps veterans build careers in tech. He now uses that record to mentor the next class of veteran founders.

Alongside him is cofounder Keith Ward, director of technology, who comes from a military family and brings 30 years in software across Intel, IBM, consulting, and his own ventures, including an AI automation startup. Ward has taught and led Sacramento-area veterans since 2013 and spent three years running the Sacramento chapter of Team Red, White & Blue. The board also includes Air Force veteran Lorraine Armijos as secretary, Navy veteran Luisa Varela as director of operations, and Romi Sunga as director of programs, whose background in government contracting and minority business development gave him a firsthand look at the resource gaps veteran entrepreneurs face.

Why it matters for California

California has one of the largest veteran populations in the country and one of the toughest environments in which to start a business. Capital is expensive, compliance is complicated, and most veteran founders are building alone. Programs that pair structured curriculum with long-horizon mentorship and a real peer group are rare, and free ones are rarer still. VETS is explicit about its lane: it is not a VSO, does not handle VA claims or benefits, and refers those needs to partners. Its mission is economic — stabilize families, strengthen communities, create jobs, and build generational wealth through veteran-led businesses.

That is advocacy of a practical kind. A city partnering with a veteran nonprofit to stand up a free incubator is a template other California communities can copy, and it moves the conversation about veteran support from services received to businesses built.

Veterans of California encourages every eligible founder in the Roseville area to apply before the September 20 deadline — and encourages other cities across the state to take notes.