What support does the VA give to Veteran-Owned small businesses
Who is eligible?
You might be eligible if you or another Veteran at your company meet all of the following requirements.
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- One of you owns 51% or more of the company you want to register, and
- One of you has complete control over the day-to-day management, decision-making, and strategic policy of the business, and
- One of you has the managerial experience needed to manage the business, and
- One of you is the highest-paid person in the company (or can provide a written statement explaining why you’re taking lower pay helps the business), and
- One of you works full time for the business, and
- One of you holds the highest officer position in the company
You might also be eligible to register your business as a Service-Disabled Veteran-Owned Small Business (SDVOSB) if you meet all of the above criteria and you or another Veteran owner of the company have either a disability rating letter from the VA confirming a service-connected disability rating between 0% and 100% or a disability determination from the Department of Defense.
What are the benefits of registering your Veteran-Owned Small Business?
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- The ability to do business with the VA
- Priority when you bid on contracts for other federal or state government agencies
- Tax relief
- Better access to capital
- Extra support if your startup or small business is poised for high growth and innovation
- Support in finding VA procurements, contract awards, and acquisition resources
- Resources, education, and training to help you learn how to do business with the VA
- Help building business partnerships and connecting with the people who make decisions about procurement in government and large private-sector firms
- Resources to guide you through every step of becoming an entrepreneur
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Additional resources
You can also reach out to the U.S. Small Business Association (SBA) for additional resources to help you start or grow your small business. Several universities and non-profit organizations offer free or low-cost entrepreneur and business-focused courses for Veterans or their family members.
Contact Us
Have a question about your Veteran benefits? You can email us today! If you are within one-year pre to post-military separation, you can enroll in our FREE program by setting up a call with one of our transition coaches.