With high unemployment and homeless rates, tech companies and services have launched to help returning vets find careers in tech.
In order to help combat high unemployment and homelessness in America's veteran population, tech companies and services have launched to help returning vets find entrepreneurial, career, networking and education services.
Techstars, an accelerator that focuses on tech start-ups outside of Silicon Valley, launched a three day "boot camp" in July of 2012 for aspiring veteran entrepreneurs. The aim of the boot camp was to "educate and mentor Veterans and Service Members to innovate, build technology companies, and create jobs."
"Our purely 'job-oriented' curriculum, our hands-on approach to working with employers, our efficient way to deliver an education and our emphasis on veterans makes us a very unique and very necessary addition to the education offerings in this country and this region."
At Victory Tech, a veteran-owned Pennsylvania-based company, veterans are provided with education to help them find jobs in science, technology, engineering and math.
Veteran-exclusive programs launched this year in order to help veterans interested in entrepreneurship. Nick Frost, pictured above, is a veteran of the Afghanistan war, start-up entrepreneur and adviser to VictorySpark, a Wisconsin-based seed accelerator for veteran-led businesses. In San Francisco, VetsInTech launched for vets interested in education, entrepreneurship, and employment.
A number of hackathons, limited day contests where participates launch ideas, have also been held for veterans and judged by people like Vietnam veteran, professor and tech titan, Steve Blank. Blank, pictured above, is also an adviser to VictorySpark.
"We have an opportunity to help veterans with extraordinary leadership capabilities better compete for good paying jobs with a long-term future."
Companies like GE, AT&T, Alcoa, Boeing and Lockheed Martin have also offered training and career opportunities to veterans in high paying tech and manufacturing jobs.
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Unemployment figures for veterans remains higher than the rest of the general public, at about 10.4% compared to 8% of the general public. For vets under 25, the jobless rate in 2011 was worse than the general veteran population, at 29%. According to the Alliance to End Homelessness, a public education nonprofit, about 1 in 4 homeless people are war veterans.
On April 30, the Obamas and Bidens held a press conference to announce the expansion of the 2011 Joining Forces Program to find 100,000 jobs for returning veterans and their spouses.