Microsoft to give cash and software toward job retraining for veterans

Building on its Elevate America program to provide technology training to help prepare people for 21st-century jobs, Redmond-based Microsoft Corp. today announced an initiative to bring together a coalition of public, private and nonprofit organizations to give veterans and their spouses the skills and resources they need to be successful in today’s civilian work force.

Microsoft will contribute $2 million in cash and up to $6 million in software over the next two years to support programs for members of the armed services and their spouses who are separating from the military and reintegrating into their civilian communities and the work force.

Through a competitive funding process, Microsoft will award cash, software and other resources to eligible organizations, including veterans service organizations, work force agencies, community colleges and other nonprofit organizations.

The initiative is intended to support active duty service members who are transitioning out of the military as well as members of the National Guard and Reserves who are returning to their civilian jobs.

The unemployment rate among Iraq and Afghanistan war veterans is 20 percent higher than the overall unemployment rate for non-veterans. While veterans are highly trained in military and leadership skills, many lack the formal education, training and certifications required by employers as they transition into the civilian workforce.

The Iraq and Afghanistan Veterans of America (IAVA) is the first organization to join the coalition and will work with Microsoft over the next two years on this initiative.

“In the coming years, a significant number of veterans will seek civilian employment opportunities. Microsoft’s new initiative provides veterans with the tools to successfully transition to new careers and contribute to economic growth in an especially tough economy,” said Paul Rieckhoff, founder and executive director of IAVA.

“Microsoft has been the leader in the technology revolution and we appreciate its strength and commitment to our returning heroes. The company is sending a message to veterans nationwide that it has their back. IAVA is excited to be a part of this coalition, and we look forward to working with Microsoft to make a historic impact,” Rieckhoff added.

Pamela Passman, corporate vice president of Microsoft Global Corporate Affairs, commented, “Our servicemen and women are amazing leaders, but to be able to compete in the tough job market when they return from duty, many of them need access to technology training. We are bringing together organizations and companies that can combine their competencies and resources with ours to make the greatest possible impact to help veterans and their spouses.”

Organizations and veterans can find more information on this initiative by visiting http://www.microsoft.com/elevateamerica, and can get updates by following Elevate America on Twitter at http://twitter.com/elevateamerica.