CORAL GABLES, Fla., Dec. 10 /PRNewswire/ -- The recent economic downturn has led Philip F. Blumberg to launch Americans for Veterans by contributing an initial $500,000 and start up costs for the organization, a contribution geared to attract contributions from individuals and companies across the United States. According to Blumberg: "Veterans merit our support in any economic circumstance, but now more than ever, it is important for American businesses and citizens to recognize veterans and support those in need. What is most important to me is not just that we respect their service but also that we show, by what we do for them when they return, how much we value that service. My hope is that this effort will grow into something that touches all veterans in need."

As a private sector initiative, Americans for Veterans brings to the cause a business perspective with a focus on providing grants or low cost loans, job training and placement for servicemen and women returning to civilian life from combat locations, Americans for Veterans targets contributors who understand the importance of job training, and are able to provide funds, or in-kind equipment, technology and loaned executives, or pro-bono work. Americans for Veterans is organized to assist veterans in need and returning veterans needing assistance to transition to a productive, successful civilian life.

In addition to Philip Blumberg's contribution, the foundation is being launched with supporting contributions from U.S. firms, including Locke, Lord, Bissell & Liddell LLP in Houston, and Healy Corporation in New York, Sitrick & Company and Sound Mind LLC in Los Angeles, as well, of course, as Blumberg Capital Partners in Miami and New York.

To find more about Americans for Veterans please visit us at www.americansforveterans.org or contact Ludovic Roche at (305) 569-9500.

SOURCE American for Veterans