R. Riveter has launched a scholarship program aimed at empowering entrepreneurs connected to the military by helping them fund their dreams. Under the name Riveter Fund, two $ 2,100 prizes will be awarded later this summer.
Cameron Cruse and Lisa Bradley founded their handbag business in 2011. Named after World War II Roside Cone, R. Riveter now uses remote “riveters” that assemble components in their homes, often made of military materials. surpluses, and send them. in Moore County by manufacture. The bags are sold online and at R. Riveter’s flagship store in downtown Southern Pines.
The idea for the Riveter fund was inspired by his own journey. It’s his way of saying “if we can do it, so can you”.
“For the past ten years, we have focused on providing mobile and flexible income for the military community. What better way to empower our community than to return with cash, ”Cruse said in a Facebook video.
Officially launched on May 7, the day of the military spouse’s thanks, applications for the Riveter Fund will be accepted until June 25. Tickets will be reduced to the first five applicants who will have the opportunity to present a three-minute video pitch “Shark Tank” style.
Cruse and Bradley appeared on the ABC reality show in February 2016, when they secured a major investment and new partners in the form of billionaire Mark Cuban, owner of the NBA Dallas Mavericks.
On the Riveter Fund website, trading partners point out that the $ 2,100 figure is significant, as is the amount Cruse and Bradley invested when they started their business.
“We know what can happen with this type of investment combined with determination and resilience, qualities that so many military spouses possess, and we want to help provide that support and opportunity to another generation of military spouse entrepreneurs,” Cruse added.
Eligible applicants must be a spouse of a member of the U.S. military or a Gold Star spouse. Applicants must also be at least 21 years old, be a U.S. citizen, and own at least 51% of the business entity.
Winning candidates will be announced on August 3, 2021. For more information, visit rriveter.com/