Ripple awarded $250,000 to 25 veteran- and military spouse-owned businesses through The Ripple Effect: Certified Veteran Employer Grants Program, a joint initiative with Hire Heroes USA. Each recipient receives a $10,000 grant designed to support business growth and future hiring. The funding aims to help participating businesses expand while creating employment opportunities for veterans and military spouses transitioning to civilian careers. The program is part of Ripple's broader $25 million RLUSD commitment to veteran employment and small-business development.
Ripple Awards $250,000 Through Hire Heroes USA Partnership
Ripple awarded $250,000 to 25 companies through The Ripple Effect: Certified Veteran Employer Grants Program, a joint initiative with Hire Heroes USA, a nonprofit organization that helps U.S. military members, veterans, and military spouses transition into the civilian workforce. Each recipient receives a $10,000 grant designed to support business growth and future hiring.
![Ripple Commits $250,000 to 25 Veteran-Owned Businesses Through Hire Heroes USA]()
Eligible applicants were required to be at least 51% owned by a veteran or military spouse and demonstrate plans to hire from the military community within the next 12 to 18 months. The 25 recipients span industries including information technology, cybersecurity, consulting, and professional services.
Recipients Receive Training and Access to Military Job Seekers
Ripple said recipients will receive Hire Heroes USA's Certified Veteran Employer training and access to a network of more than 20,000 military-connected job seekers. Along with the grant funding, recipients will receive recruiting tools, employer resources, and guidance on building veteran-ready workplaces.
![Ripple Commits $250,000 to 25 Veteran-Owned Businesses Through Hire Heroes USA]()
Jonathan Perri, director of social impact at Ripple, said: "Veteran and military spouse-owned businesses are a critical source of innovation, job creation, and economic opportunity. This program, powered by Ripple's RLUSD donation to Hire Heroes USA, is a direct investment in entrepreneurs who are committed to hiring from the military community and building businesses that last."
Ripple Commits $25 Million to Veteran Employment Initiatives
Ripple previously committed $25 million in RLUSD to Hire Heroes USA and Accion Opportunity Fund. Ripple said its partnership with Hire Heroes USA is expected to generate 14,000 employment opportunities and launch a program focused on financial technology careers.
FAQ
What did Ripple award to veteran-owned businesses through Hire Heroes USA?
Ripple awarded $250,000 to 25 veteran- and military spouse-owned businesses through The Ripple Effect: Certified Veteran Employer Grants Program. Each recipient receives a $10,000 grant designed to support business growth and future hiring.
What do recipients receive beyond the grant funding?
Recipients receive Hire Heroes USA's Certified Veteran Employer training and access to a network of more than 20,000 military-connected job seekers. They also receive recruiting tools, employer resources, and guidance on building veteran-ready workplaces.
How much has Ripple committed to veteran employment initiatives?
Ripple previously committed $25 million in RLUSD to Hire Heroes USA and Accion Opportunity Fund. The partnership is expected to generate 14,000 employment opportunities and launch a program focused on financial technology careers.
