diff --git a/atst/routes/portfolios/index.py b/atst/routes/portfolios/index.py
index 1d7739e7..2f1a6b12 100644
--- a/atst/routes/portfolios/index.py
+++ b/atst/routes/portfolios/index.py
@@ -15,7 +15,11 @@ from atst.models.permissions import Permissions
 @portfolios_bp.route("/portfolios")
 def portfolios():
     portfolios = Portfolios.for_user(g.current_user)
-    return render_template("portfolios/index.html", page=5, portfolios=portfolios)
+
+    if portfolios:
+        return render_template("portfolios/index.html", page=5, portfolios=portfolios)
+    else:
+        return render_template("portfolios/blank_slate.html")
 
 
 @portfolios_bp.route("/portfolios/<portfolio_id>/edit")
diff --git a/templates/portfolios/blank_slate.html b/templates/portfolios/blank_slate.html
new file mode 100644
index 00000000..3b45b92c
--- /dev/null
+++ b/templates/portfolios/blank_slate.html
@@ -0,0 +1,19 @@
+{% extends "base.html" %}
+
+{% from "components/empty_state.html" import EmptyState %}
+{% from "components/tooltip.html" import Tooltip %}
+
+{% block global_sidenav %}
+{% endblock %}
+
+{% block content %}
+  {{
+    EmptyState(
+      action_href=url_for("task_orders.new", screen=1),
+      action_label=("portfolios.index.empty.start_button" | translate),
+      icon="cloud",
+      message=("portfolios.index.empty.title" | translate),
+    )
+  }}
+{% endblock %}
+
diff --git a/tests/routes/portfolios/test_portfolios_index.py b/tests/routes/portfolios/test_portfolios_index.py
index 50f1bbea..5899f307 100644
--- a/tests/routes/portfolios/test_portfolios_index.py
+++ b/tests/routes/portfolios/test_portfolios_index.py
@@ -1,6 +1,7 @@
 from flask import url_for
 
-from tests.factories import PortfolioFactory
+from tests.factories import PortfolioFactory, UserFactory
+from atst.utils.localization import translate
 
 
 def test_update_portfolio_name(client, user_session):
@@ -13,3 +14,29 @@ def test_update_portfolio_name(client, user_session):
     )
     assert response.status_code == 200
     assert portfolio.name == "a cool new name"
+
+
+def test_portfolio_index_with_existing_portfolios(client, user_session):
+    portfolio = PortfolioFactory.create()
+    user_session(portfolio.owner)
+
+    response = client.get(url_for("portfolios.portfolios"))
+
+    assert response.status_code == 200
+    assert portfolio.name.encode("utf8") in response.data
+    assert (
+        translate("portfolios.index.empty.start_button").encode("utf8")
+        not in response.data
+    )
+
+
+def test_portfolio_index_without_existing_portfolios(client, user_session):
+    user = UserFactory.create()
+    user_session(user)
+
+    response = client.get(url_for("portfolios.portfolios"))
+
+    assert response.status_code == 200
+    assert (
+        translate("portfolios.index.empty.start_button").encode("utf8") in response.data
+    )
diff --git a/translations.yaml b/translations.yaml
index 983db1b9..9005fa5a 100644
--- a/translations.yaml
+++ b/translations.yaml
@@ -7,7 +7,6 @@
 
   # `{{ "login.title" | translate | safe }}`
 
-
 audit_log:
   events:
     default:
@@ -482,6 +481,10 @@ task_orders:
     submitted_by: Below is an overview of the projected portfolio submitted by {name}
     task_order_information: Task Order Information
 portfolios:
+  index:
+    empty:
+      title: You have no apps yet
+      start_button: Start a New JEDI Portfolio
   applications:
     add_application_text: Add A New Application
     app_settings_text: App Settings