Veteran Small Business Certification is a must-have for your small business in order to compete for federal contracts. In addition, small businesses owned by Veterans may be eligible to purchase surplus property from the federal government.
Keep reading to learn more about the Veteran Small Business Certification program and how it can help you grow your business.
Veteran Small Business Certification Program (VetCert)
As of January 1, 2023, the Veterans Administration (VA) transferred certification for Veteran-Owned small businesses to the Small Business Administration (SBA). This transfer provides Veterans with a central support point for their small business certification needs.
If your Veteran-Owned small business was already certified by the VA Center for Verification and Evaluation (CVE) as of January 1, 2023, then your business is automatically granted certification by the SBA for the remainder of the firm’s eligibility period, plus a one-year extension.
New applicants who are certified by the SBA after January 1, 2023, will receive the standard 3-year certification period.
You can learn more by clicking on the VetCert Program.
What are the Benefits of getting your Veteran Small Business Certification?
Certification with the Small Business Administration (SBA) allows Service-Disabled Veteran-Owned small businesses (SDVOSBs) to compete for federal sole-source and set-aside contracts across the federal government. At least 3% of all federal contracting dollars must go to SDVOSBs each year.
Certified Veteran-Owned small businesses (VOSBs) have additional opportunities to pursue sole-source and set-aside contracts at the Veterans Administration (VA) under the VA’s Vets First program.
Another benefit for Veteran-Owned small businesses is that they can access federally-owned personal property that is no longer in use. This is done through the General Services Administration’s (GSA) Federal Surplus Personal Property Donation Program.
Who is Eligible for a Veteran Small Business Certification?
To apply for certification with the SBA as a VOSB or SDVOSB, a firm must meet the following requirements:
- Be registered as a small business by SAM.gov
- Have no less than 51% of the business owned and controlled by one or more Veterans
- For certification as a SDVOSB, have no less than 51% of the business owned and controlled by one or more Veterans rated as service-disabled by the VA
- For those Veterans who are permanently and totally disabled and unable to manage the daily business operations of their business, their business may still qualify if their spouse or appointed, permanent caregiver is assisting in that management
Click here to learn how to grow your Veteran-Owned business.
Tucker Disability Law has helped veterans in every kind of situation for over 30+ years and we can help you too. If you feel that your disability rating should be higher, or if you’ve been denied a VA claim in the past, we would be happy to discuss your case with you.
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