For U.S. troops returning from Iraq and Afghanistan, they’re coming home to a depressed job market and double-digit unemployment. That’s why a little Washington-based software company called Microsoft is ponying up $2 million in cash and $6 million in software to help these new civilians find jobs.

The Elevate America’s Veterans Initiative will spread the cash around to veterans service organizations, workforce agencies and community colleges. The Initiative also will provide training and help with job placement, child care and housing. 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.

“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 The Iraq and Afghanistan Veterans of America. “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.”

“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,” said Pamela Passman, corporate vice president of Microsoft Global Corporate Affairs. “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.”

Microsoft to give $2M cash, $6M in software to veterans [Seattle Post-Intelligencer]

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