A Comprehensive Guide for Veterans: Setting up Your Business and Becoming a Certified Veteran-Owned Business
Introduction
Transitioning from military life to the civilian world can be a challenging process, but one that offers great rewards for veterans who are ambitious, determined, and ready to take control of their own destiny. One path that many veterans choose to follow is entrepreneurship. By setting up your own business and becoming a certified veteran-owned business, you can enjoy a wealth of benefits and opportunities that will help you succeed in your new venture.
In this comprehensive guide, we will walk you through the process of setting up your own business, becoming a certified veteran-owned business, and provide you with a top 10 list of certifying organizations. We will also discuss the steps to become certified for each of these organizations, provide their URL addresses, and recommend the paperwork you'll need to have ready when applying for certification.
Top 10 Certifying Organizations for Veteran-Owned Businesses
1) U.S. Department of Veterans Affairs (VA) - CVE
- URL: https://www.va.gov/osdbu/verification/
- The VA's Center for Verification and Evaluation (CVE) is responsible for verifying Service-Disabled Veteran-Owned Small Businesses (SDVOSBs) and Veteran-Owned Small Businesses (VOSBs). The CVE certification process ensures that businesses meet the eligibility requirements for VA contracts and other opportunities.
Steps to become certified:
- Register your business in the System for Award Management (SAM)
- Create a Vendor Information Pages (VIP) account
- Submit the online application, required documents, and pay the processing fee
- Complete a site visit (if necessary)
- Receive the final decision letter from the CVE
Recommended paperwork:
- DD Form 214 (Certificate of Release or Discharge from Active Duty)
- Proof of service-connected disability (if applicable)
- VA Rating Decision letter (if applicable)
- Business licenses and registrations
- Articles of incorporation, partnership agreements, or other organizational documents
- Bylaws, operating agreements, and other governing documents
- Federal tax returns and financial statements
- Ownership and control documentation
2) National Veteran-Owned Business Association (NaVOBA)
- URL: https://navoba.org/
- NaVOBA is a membership-based organization that provides certification for veteran-owned businesses. They offer two certifications: the Certified Veteran's Business Enterprise (VBE) and the Certified Service-Disabled Veteran's Business Enterprise (SDVBE).
Steps to become certified:
- Complete the online application form
- Submit required documentation
- Pay the certification fee
- Participate in a site visit (if necessary)
- Receive the final decision letter from NaVOBA
Recommended paperwork:
- DD Form 214
- Proof of service-connected disability (if applicable)
- VA Rating Decision letter (if applicable)
- Business licenses and registrations
- Organizational documents
- Governing documents
- Federal tax returns and financial statements
- Ownership and control documentation
3) National Veteran Business Development Council (NVBDC)
- URL: https://nvbdc.org/
- The NVBDC is a third-party certifying organization that offers certification for veteran-owned businesses and service-disabled veteran-owned businesses. Their certification is widely recognized and accepted by major corporations and government agencies.
Steps to become certified:
- Register your business in the System for Award Management (SAM)
- Complete the online application form
- Submit required documentation and pay the certification fee
- Participate in a site visit (if necessary)
- Receive the final decision letter from NVBDC
Recommended paperwork:
- DD Form 214
- Proof of service-connected disability (if applicable)
- VA Rating Decision letter (if applicable)
- Business licenses and registrations
- Organizational documents
- Governing documents
- Federal tax returns and financial statements
- Ownership and control documentation
4) U.S. Small Business Administration (SBA)
- URL: https://www.sba.gov/
- The SBA offers resources and assistance for veteran entrepreneurs, including the Service-Disabled Veteran-Owned Small Business (SDVOSB) certification. This certification allows eligible businesses to compete for set-aside and sole-source contracts with the federal government.
Steps to become certified:
- Register your business in the System for Award Management (SAM)
- Complete the online application form in the SBA's Certify platform
- Submit required documentation
- Receive the final decision letter from the SBA
Recommended paperwork:
- DD Form 214
- Proof of service-connected disability (if applicable)
- VA Rating Decision letter (if applicable)
- Business licenses and registrations
- Organizational documents
- Governing documents
- Federal tax returns and financial statements
- Ownership and control documentation
5) U.S. Department of Transportation (DOT) - DBE Program
- URL: https://www.transportation.gov/civil-rights/disadvantaged-business-enterprise
- The DOT's Disadvantaged Business Enterprise (DBE) Program provides certification for minority, women, and veteran-owned businesses, including service-disabled veteran-owned businesses. This certification allows eligible businesses to compete for contracts with state and local transportation agencies.
Steps to become certified:
- Contact your state's Unified Certification Program (UCP)
- Complete the DBE application form
- Submit required documentation
- Participate in a site visit (if necessary)
- Receive the final decision letter from the UCP
Recommended paperwork:
- DD Form 214
- Proof of service-connected disability (if applicable)
- VA Rating Decision letter (if applicable)
- Business licenses and registrations
- Organizational documents
- Governing documents
- Federal tax returns and financial statements
- Personal financial statements
- Ownership and control documentation
6) Veteran Institute for Procurement (VIP)
- URL: https://www.nationalvip.org/
- The VIP is a training program that helps veteran-owned businesses improve their ability to win government contracts. While not a certification, participation in the VIP program can enhance a business's credibility and provide valuable networking opportunities.
Steps to participate:
- Complete the online application form
- Submit required documentation
- Attend the VIP training program
Recommended paperwork:
- DD Form 214
- Proof of service-connected disability (if applicable)
- VA Rating Decision letter (if applicable)
- Business licenses and registrations
- Organizational documents
- Governing documents
- Federal tax returns and financial statements
- Ownership and control documentation
7) American Association of Service-Disabled Veterans (AASDV)
- URL: https://aasdv.org/
- The AASDV is a membership-based organization that offers certification for service-disabled veteran-owned businesses. Their certification is recognized by various government agencies and private sector organizations.
Steps to become certified:
- Complete the online application form
- Submit required documentation
- Pay the certification fee
- Participate in a site visit (if necessary)
- Receive the final decision letter from AASDV
Recommended paperwork:
- DD Form 214
- Proof of service-connected disability (if applicable)
- VA Rating Decision letter (if applicable)
- Business licenses and registrations
- Organizational documents
- Governing documents
- Federal tax returns and financial statements
- Ownership and control documentation
8) Disabled Veterans National Foundation (DVNF)
- URL: https://www.dvnf.org/
- The DVNF provides resources and support for disabled veterans, including a veteran-owned business certification program. Their certification is recognized by various government agencies and private sector organizations.
Steps to become certified:
- Complete the online application form
- Submit required documentation
- Pay the certification fee
- Receive the final decision letter from DVNF
Recommended paperwork:
- DD Form 214
- Proof of service-connected disability (if applicable)
- VA Rating Decision letter (if applicable)
- Business licenses and registrations
- Organizational documents
- Governing documents
- Federal tax returns and financial statements
- Ownership and control documentation
9) Elite Service-Disabled Veteran-Owned Business Network (Elite SDVOB)
- URL: https://www.elitesdvob.org/
- The Elite SDVOB is a membership-based organization that offers certification for service-disabled veteran-owned businesses. Their certification is recognized by various government agencies and private sector organizations.
Steps to become certified:
- Complete the online application form
- Submit required documentation
- Pay the certification fee
- Participate in a site visit (if necessary)
- Receive the final decision letter from Elite SDVOB
Recommended paperwork:
- DD Form 214
- Proof of service-connected disability (if applicable)
- VA Rating Decision letter (if applicable)
- Business licenses and registrations
- Organizational documents
- Governing documents
- Federal tax returns and financial statements
- Ownership and control documentation
10) National Veterans Business Development Council - Women Veterans (NVBDC-WV)
- URL: https://www.nvbdc-wv.org/
- The NVBDC-WV is a division of the NVBDC specifically focused on women veterans. They offer certification for women veteran-owned businesses, which is recognized by various government agencies and private sector organizations.
Steps to become certified:
- Register your business in the System for Award Management (SAM)
- Complete the online application form
- Submit required documentation and pay the certification fee
- Participate in a site visit (if necessary)
- Receive the final decision letter from NVBDC-WV
Recommended paperwork:
- DD Form 214
- Proof of service-connected disability (if applicable)
- VA Rating Decision letter (if applicable)
- Business licenses and registrations
- Organizational documents
- Governing documents
- Federal tax returns and financial statements
- Ownership and control documentation
11) Veterans Business Resource Center (VBRC)
- URL: https://www.vetbiz.com/
- The VBRC is a non-profit organization that provides resources and support for veteran entrepreneurs, including a certification program for veteran-owned businesses. Their certification is recognized by various government agencies and private sector organizations.
Steps to become certified:
- Complete the online application form
- Submit required documentation
- Pay the certification fee
- Participate in a site visit (if necessary)
- Receive the final decision letter from VBRC
Recommended paperwork:
- DD Form 214
- Proof of service-connected disability (if applicable)
- VA Rating Decision letter (if applicable)
- Business licenses and registrations
- Organizational documents
- Governing documents
- Federal tax returns and financial statements
- Ownership and control documentation
12) National Veterans Small Business Coalition (NVSBC)
- URL: https://www.nvsbc.org/
- The NVSBC is a membership-based organization that offers support and resources for veteran-owned small businesses, including a certification program. Their certification is recognized by various government agencies and private sector organizations.
Steps to become certified:
- Complete the online application form
- Submit required documentation
- Pay the certification fee
- Participate in a site visit (if necessary)
- Receive the final decision letter from NVSBC
Recommended paperwork:
- DD Form 214
- Proof of service-connected disability (if applicable)
- VA Rating Decision letter (if applicable)
- Business licenses and registrations
- Organizational documents
- Governing documents
- Federal tax returns and financial statements
- Ownership and control documentation
13) Association of Service Disabled Veterans (ASDV)
- URL: https://www.asdv.org/
- The ASDV is a membership-based organization that offers certification for service-disabled veteran-owned businesses. Their certification is recognized by various government agencies and private sector organizations.
Steps to become certified:
- Complete the online application form
- Submit required documentation
- Pay the certification fee
- Participate in a site visit (if necessary)
- Receive the final decision letter from ASDV
Recommended paperwork:
- DD Form 214
- Proof of service-connected disability (if applicable)
- VA Rating Decision letter (if applicable)
- Business licenses and registrations
- Organizational documents
- Governing documents
- Federal tax returns and financial statements
- Ownership and control documentation
14) Veterans Business Services (VBS)
- URL: https://www.veteransbusinessservices.us/
- VBS is an organization that provides resources and support for veteran entrepreneurs, including a certification program for veteran-owned businesses. Their certification is recognized by various government agencies and private sector organizations.
Steps to become certified:
- Complete the online application form
- Submit required documentation
- Pay the certification fee
- Participate in a site visit (if necessary)
- Receive the final decision letter from VBS
Recommended paperwork:
- DD Form 214
- Proof of service-connected disability (if applicable)
- VA Rating Decision letter (if applicable)
- Business licenses and registrations
- Organizational documents
- Governing documents
- Federal tax returns and financial statements
- Ownership and control documentation
15) Veterans Chamber of Commerce (VCC)
- URL: https://www.veteranschamberofcommerce.org/
- The VCC is a membership-based organization that offers certification for veteran-owned businesses. Their certification is recognized by various government agencies and private sector organizations.
Steps to become certified:
- Complete the online application form
- Submit required documentation
- Pay the certification fee
- Participate in a site visit (if necessary)
- Receive the final decision letter from VCC
Recommended paperwork:
- DD Form 214
- Proof of service-connected disability (if applicable)
- VA Rating Decision letter (if applicable)
- Business licenses and registrations
- Organizational documents
- Governing documents
- Federal tax returns and financial statements
- Ownership and control documentation
16) Service-Disabled Veteran-Owned Small Business Network (SDVOSB Network)
- URL: https://www.sdvosbnetwork.org/
- The SDVOSB Network is a membership-based organization that offers certification for service-disabled veteran-owned small businesses. Their certification is recognized by various government agencies and private sector organizations.
Steps to become certified:
- Complete the online application form
- Submit required documentation
- Pay the certification fee
- Participate in a site visit (if necessary)
- Receive the final decision letter from the SDVOSB Network
Recommended paperwork:
- DD Form 214
- Proof of service-connected disability (if applicable)
- VA Rating Decision letter (if applicable)
- Business licenses and registrations
- Organizational documents
- Governing documents
- Federal tax returns and financial statements
- Ownership and control documentation
17) Veterans in Business Network (VIB Network)
- URL: https://www.vibnetwork.org/
- The VIB Network is a membership-based organization that offers certification for veteran-owned and service-disabled veteran-owned businesses. Their certification is recognized by various government agencies and private sector organizations.
Steps to become certified:
- Complete the online application form
- Submit required documentation
- Pay the certification fee
- Participate in a site visit (if necessary)
- Receive the final decision letter from the VIB Network
Recommended paperwork:
- DD Form 214
- Proof of service-connected disability (if applicable)
- VA Rating Decision letter (if applicable)
- Business licenses and registrations
- Organizational documents
- Governing documents
- Federal tax returns and financial statements
- Ownership and control documentation
18) United States Veterans Business Alliance (USVBA)
- URL: https://www.usvba.org/
- The USVBA is a membership-based organization that offers certification for veteran-owned businesses. Their certification is recognized by various government agencies and private sector organizations.
Steps to become certified:
- Complete the online application form
- Submit required documentation
- Pay the certification fee
- Participate in a site visit (if necessary)
- Receive the final decision letter from the USVBA
Recommended paperwork:
- DD Form 214
- Proof of service-connected disability (if applicable)
- VA Rating Decision letter (if applicable)
- Business licenses and registrations
- Organizational documents
- Governing documents
- Federal tax returns and financial statements
- Ownership and control documentation
19) National Association of Veteran-Owned Businesses (NAVOB)
- URL: https://www.navob.org/
- NAVOB is a membership-based organization that offers certification for veteran-owned businesses. Their certification is recognized by various government agencies and private sector organizations.
Steps to become certified:
- Complete the online application form
- Submit required documentation
- Pay the certification fee
- Participate in a site visit (if necessary)
- Receive the final decision letter from NAVOB
Recommended paperwork:
- DD Form 214
- Proof of service-connected disability (if applicable)
- VA Rating Decision letter (if applicable)
- Business licenses and registrations
- Organizational documents
- Governing documents
- Federal tax returns and financial statements
- Ownership and control documentation
20) Veteran Business Project (VBP)
- URL: https://www.veteranbusinessproject.org/
- The VBP is a non-profit organization that provides resources and support for veteran entrepreneurs, including a certification program for veteran-owned businesses. Their certification is recognized by various government agencies and private sector organizations.
Steps to become certified:
- Complete the online application form
- Submit required documentation
- Pay the certification fee
- Participate in a site visit (if necessary)
- Receive the final decision letter from VBP
Recommended paperwork:
- DD Form 214
- Proof of service-connected disability (if applicable)
- VA Rating Decision letter (if applicable)
- Business licenses and registrations
- Organizational documents
- Governing documents
- Federal tax returns and financial statements
- Ownership and control documentation
Conclusion
Becoming a certified veteran-owned business can provide numerous advantages, such as access to government contracts, set-asides, and preferential treatment in procurement processes. By selecting the appropriate certifying organization for your business and following the steps outlined in this guide, you'll be well on your way to leveraging your military experience and entrepreneurial spirit to create a thriving venture.
Remember that each organization may have slightly different requirements, and staying organized and prepared will make the certification process much smoother. As a veteran, you've already demonstrated your dedication, determination, and ability to overcome challenges. By applying these same qualities to your business, you'll undoubtedly find success in the civilian world.
Which are the top 5 most challenging organizations to obtain certification from, and what are the reasons for this difficulty?
Determining the top 5 most difficult organizations to become certified with is subjective and may vary depending on individual circumstances. However, based on the complexity of requirements, the time taken to process applications, and the strictness of the review process, the following organizations may be considered more difficult to become certified with:
- National Veteran Business Development Council (NVBDC)
- The NVBDC is considered one of the most stringent certification programs due to its comprehensive review process, which includes a thorough examination of organizational and financial documents, as well as a mandatory site visit. This level of scrutiny can make the certification process more challenging for applicants.
- U.S. Department of Veterans Affairs (VA) - Vets First Verification Program
- The Vets First Verification Program can be difficult due to its strict eligibility criteria and extensive documentation requirements. Additionally, the VA conducts a rigorous review process that includes a site visit and examination of various business aspects, such as management, ownership, and financials.
- U.S. Small Business Administration (SBA) - Service-Disabled Veteran-Owned Small Business (SDVOSB) certification
- The SBA's SDVOSB certification process is known for its strict requirements and rigorous review process. Applicants must prove their service-disabled status, as well as demonstrate full ownership and control of the business. Additionally, the SBA may request extensive documentation and conduct a thorough examination of the business to ensure compliance with their guidelines.
- U.S. Department of Transportation (DOT) - Disadvantaged Business Enterprise (DBE) Program
- The DBE Program can be challenging due to its strict eligibility criteria and the requirement for applicants to be economically disadvantaged. The program also necessitates a comprehensive review of personal financial statements, business financials, and other documents. In some cases, the process may involve a site visit and interviews with key personnel.
- American Association of Service-Disabled Veterans (AASDV)
- The AASDV certification process can be difficult due to its comprehensive review of the applicant's business structure, financials, and ownership. The organization requires extensive documentation, and the application process may involve a site visit. In some cases, the AASDV may also request additional information or clarification, further prolonging the certification process.
While these organizations may have more stringent requirements and a more rigorous review process, obtaining certification through them can provide significant credibility and access to exclusive opportunities for your business. By carefully preparing the required documentation and being thorough in your application, you can navigate these certification processes more effectively.
What are the top 5 organizations with the simplest certification processes for veteran-owned businesses, and what makes them easier to navigate?
Determining the top 5 least difficult organizations to become certified with is also subjective and may vary depending on individual circumstances. However, based on the simplicity of requirements, the time taken to process applications, and the less stringent review process, the following organizations may be considered less difficult to become certified with:
- BuyVeteran.com
- BuyVeteran.com, powered by the National Veteran-Owned Business Association (NaVOBA), offers a user-friendly platform for registering a veteran-owned business. The process is relatively simple, requiring basic business and veteran-related information. It's important to note that this is a listing platform rather than a formal certification.
- Veterans Business Services (VBS)
- The VBS certification process is considered less difficult because it offers a straightforward online application process and requires fewer documents compared to other certifying organizations. The organization focuses on supporting veteran entrepreneurs, and the certification process is designed to be accessible and efficient.
- Veterans Chamber of Commerce (VCC)
- The VCC certification process is generally less complex than other organizations. The online application form is user-friendly, and the documentation requirements are less extensive. Additionally, the VCC focuses on fostering connections and providing support for veteran-owned businesses, making the certification process more accessible.
- Elite Service-Disabled Veteran-Owned Business Network (Elite SDVOB)
- The Elite SDVOB certification process is relatively simple and straightforward. The online application form is easy to complete, and the organization requires standard documentation to verify the veteran-owned status of the business. The certification process is designed to be accessible for service-disabled veterans who want to grow their businesses.
- Veterans Business Resource Center (VBRC)
- The VBRC certification process is considered less difficult due to its streamlined online application form and fewer documentation requirements. The VBRC aims to provide resources and support for veteran entrepreneurs, making the certification process more accessible for applicants.
While the certification processes for these organizations may be less complex, it's important to research the credibility and recognition of each organization within your industry to ensure that the certification provides the desired benefits for your business. Regardless of the certifying organization you choose, preparing the necessary documentation and being thorough in your application will increase your chances of a successful outcome.
What are the top 5 recommended organizations for small businesses just getting started?
- U.S. Small Business Administration (SBA)
- URL: https://www.sba.gov/
- The SBA offers a wealth of resources for small businesses, including training programs, funding opportunities, and guidance on various aspects of starting and running a business. The SBA's Office of Veterans Business Development (OVBD) focuses specifically on veteran-owned businesses and provides tailored resources and support for this group.
- Veterans Business Outreach Centers (VBOC)
- URL: https://www.sba.gov/offices/headquarters/ovbd/resources/362341
- VBOCs are regional centers sponsored by the SBA that offer business training, counseling, and mentoring for veterans who are starting or growing a small business. They provide services such as business plan development, feasibility analysis, and assistance in accessing capital and procurement opportunities.
- SCORE
- URL: https://www.score.org/
- SCORE is a nonprofit organization that offers free mentoring, workshops, and resources for small businesses. They have a network of volunteer mentors, many of whom are veterans or have experience working with veteran-owned businesses. SCORE can help you with business planning, marketing, finance, and other aspects of starting and running a business.
- Institute for Veterans and Military Families (IVMF)
- URL: https://ivmf.syracuse.edu/
- The IVMF at Syracuse University offers various programs and services for veterans, military families, and businesses. The IVMF's Entrepreneurship Bootcamp for Veterans (EBV) and Veteran Women Igniting the Spirit of Entrepreneurship (V-WISE) programs offer training, resources, and support to help veteran entrepreneurs succeed in their businesses.
- Bunker Labs
- URL: https://bunkerlabs.org/
- Bunker Labs is a nonprofit organization that supports veteran and military spouse entrepreneurs through various programs and events. They offer resources, networking opportunities, and mentorship for veterans who are starting or growing a business. Bunker Labs' Launch Lab Online provides a free online course for aspiring entrepreneurs, while their Veterans in Residence program offers workspace, mentorship, and resources for early-stage businesses.
While these organizations may not specifically provide certifications for veteran-owned businesses, they are highly recommended for small businesses just getting started, as they can help with business development, networking, and accessing resources tailored to the unique needs of veteran entrepreneurs.
What are the top 5 recommended organizations for larger and more mature businesses with several million dollars in annual revenue?
- National Veteran Business Development Council (NVBDC)
- URL: https://nvbdc.org/
- The NVBDC is the leading third-party certifying organization for veteran-owned and service-disabled veteran-owned businesses. Their certification is widely recognized and can provide access to procurement opportunities with large corporations and government agencies. The NVBDC also offers networking events and resources for established businesses to expand their reach.
- U.S. Department of Veterans Affairs (VA) - Vets First Verification Program
- URL: https://www.va.gov/osdbu/verification/
- The VA's Vets First Verification Program allows verified veteran-owned and service-disabled veteran-owned businesses to participate in VA procurement set-asides. For larger businesses with the capacity to fulfill government contracts, this can provide access to a wide range of opportunities and help expand their client base.
- U.S. Small Business Administration (SBA) - Service-Disabled Veteran-Owned Small Business (SDVOSB) certification
- URL: https://www.sba.gov/federal-contracting/contracting-assistance-programs/service-disabled-veteran-owned-small-businesses-program
- While the SBA focuses on small businesses, their SDVOSB certification can still be valuable for larger businesses seeking to participate in government contracts. The certification opens up access to federal contracting set-asides and can help businesses compete for a share of the $5 billion in annual federal contracts reserved for SDVOSBs.
- American Association of Service-Disabled Veterans (AASDV)
- URL: https://www.aasdv.org/
- The AASDV offers certification for service-disabled veteran-owned businesses and provides a range of resources, networking events, and support services. For larger businesses, AASDV certification can open doors to new opportunities and partnerships, while the organization's events and resources can help support continued growth.
- U.S. Department of Transportation (DOT) - Disadvantaged Business Enterprise (DBE) Program
- URL: https://www.transportation.gov/civil-rights/disadvantaged-business-enterprise
- If your business operates in the transportation industry or related sectors, the DOT's DBE Program can be an excellent opportunity for accessing federal contracts. The program aims to level the playing field for socially and economically disadvantaged businesses, including veteran-owned businesses, and provides access to transportation-related contracts. For larger businesses with the capability to manage large-scale projects, the DBE certification can be a valuable asset.
For larger and more mature businesses, these organizations can provide access to significant opportunities and resources, helping to expand their reach, diversify their client base, and enhance their reputation as a certified veteran-owned business.
What are the top 5 largest certifying organizations for veteran-owned businesses?
- National Veteran Business Development Council (NVBDC)
- URL: https://nvbdc.org/
- The NVBDC is the leading third-party certification organization for veteran-owned and service-disabled veteran-owned businesses. Their certification is nationally recognized and accepted by many large corporations and government agencies. The NVBDC certification process is rigorous, ensuring that certified businesses meet the strict criteria for ownership and control.
- U.S. Department of Veterans Affairs (VA) - Vets First Verification Program
- URL: https://www.va.gov/osdbu/verification/
- The Vets First Verification Program is managed by the VA's Office of Small and Disadvantaged Business Utilization (OSDBU). It is a government-backed certification program specifically for veteran-owned and service-disabled veteran-owned businesses. Businesses verified through this program can participate in VA procurement set-asides and access a range of opportunities with the federal government.
- U.S. Small Business Administration (SBA) - Service-Disabled Veteran-Owned Small Business (SDVOSB) certification
- URL: https://www.sba.gov/federal-contracting/contracting-assistance-programs/service-disabled-veteran-owned-small-businesses-program
- The SBA is a government agency that supports small businesses, including veteran-owned businesses. Their SDVOSB certification is a government-backed certification that allows service-disabled veteran-owned small businesses to compete for a share of the $5 billion in annual federal contracts reserved for SDVOSBs.
- American Association of Service-Disabled Veterans (AASDV)
- URL: https://www.aasdv.org/
- The AASDV is a nonprofit organization that offers certification for service-disabled veteran-owned businesses. In addition to certification, the AASDV provides resources, networking events, and support services to help these businesses succeed. AASDV certification can help businesses access procurement opportunities and partnerships.
- U.S. Department of Transportation (DOT) - Disadvantaged Business Enterprise (DBE) Program
- URL: https://www.transportation.gov/civil-rights/disadvantaged-business-enterprise
- The DOT's DBE Program is designed to help socially and economically disadvantaged businesses, including veteran-owned businesses, participate in transportation-related contracts. This government-backed certification program ensures that certified businesses meet specific criteria related to ownership and control.
These five organizations are among the largest and most widely recognized certifying organizations for veteran-owned businesses. Obtaining certification from one or more of these organizations can provide a range of benefits, such as access to government contracts, set-asides, and preferential treatment in procurement processes.
What are the top 25 reasons for being denied or rejected from one of these organizations?
- Incomplete or incorrect application
- Insufficient documentation or missing documents
- Failure to meet the minimum percentage of veteran ownership (typically 51%)
- Failure to demonstrate control and management of the business by the veteran owner
- Failure to provide proof of service-related disability (if applicable)
- Not meeting the definition of a small business per the organization's guidelines
- Inability to pass a site visit or interview
- Inconsistencies between provided documents and application information
- Inaccurate or incomplete financial statements and tax returns
- Failure to provide a clear and detailed business plan
- Lack of relevant industry experience or qualifications
- Failure to meet the organization's specific eligibility criteria (e.g., economically disadvantaged status)
- Not meeting the organization's definition of a "veteran" (e.g., insufficient length of service or type of discharge)
- Failure to provide a valid DD Form 214 or other documentation verifying military service
- Inaccurate or incomplete information about the business's ownership structure
- Inability to demonstrate the veteran owner's day-to-day involvement in the business
- Conflicts of interest between the veteran owner and other stakeholders
- Misrepresentation or falsification of information in the application or supporting documents
- Noncompliance with federal, state, or local regulations
- Failure to meet the organization's specific industry or sector requirements
- Failure to maintain required licenses, permits, or certifications
- Inability to demonstrate the business's financial stability or viability
- Failure to submit the application or supporting documents within the organization's specified deadlines
- Failure to respond to requests for additional information or clarification
- Noncompliance with the organization's code of conduct or ethical standards
To avoid denial or rejection, it is essential to carefully review the specific requirements and criteria of each organization before applying. Ensure that your application is complete, accurate, and supported by the necessary documentation. Additionally, be prepared to demonstrate your veteran status, ownership, and control of the business, as well as the business's financial stability and viability.
What are the top 25 reasons for wanting to become certified by several of these organizations?
- Access to government contracts and set-asides reserved for certified veteran-owned businesses
- Increased visibility and credibility in the marketplace
- Competitive advantage in procurement processes
- Eligibility for supplier diversity programs with major corporations
- Access to networking events and opportunities with other certified businesses
- Enhanced reputation as a business that supports veterans
- Opportunities for mentorship and guidance from experienced business owners
- Access to specialized resources and support services tailored for veteran-owned businesses
- Opportunities to collaborate and partner with other certified businesses
- Greater likelihood of winning bids and securing contracts due to certification
- Access to training and educational programs specifically for certified veteran-owned businesses
- Opportunities to participate in industry-specific certification programs
- Eligibility for financial incentives and grants reserved for certified businesses
- Increased chances of securing financing or investment due to certification
- Access to exclusive business directories and listings for certified businesses
- Enhanced marketing opportunities and the ability to display certification logos on marketing materials
- Improved relationships with clients and customers who value veteran-owned businesses
- Opportunities for business expansion and growth through partnerships and collaborations
- Increased recognition and awareness of the business within the veteran community
- Opportunities to participate in industry events, conferences, and trade shows as a certified business
- Access to research and market insights exclusive to certified businesses
- Eligibility for awards and recognition programs for certified businesses
- Increased chances of securing subcontracting opportunities with larger companies
- Improved employee morale and pride in working for a certified veteran-owned business
- Ability to give back and contribute to the veteran community through business success
By obtaining certification from several organizations, veteran-owned businesses can maximize their opportunities for growth, networking, and access to resources. This can help enhance their reputation, increase their visibility, and ultimately contribute to their overall success. Please also refer to our post on the top 25 reasons why government buyers purchase from diversified businesses.
What are the top 5 most sought-after or required certifications from Fortune-500 organizations? Do these businesses rejected contractors on the basis of their certifications?
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Women's Business Enterprise National Council (WBENC) Certification URL: https://www.wbenc.org/ WBENC certification verifies that a business is at least 51% owned, controlled, and managed by one or more women.
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National Minority Supplier Development Council (NMSDC) Certification URL: https://nmsdc.org/ NMSDC certification validates that a business is at least 51% owned, controlled, and managed by ethnic minority individuals.
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National LGBT Chamber of Commerce (NGLCC) Certification URL: https://nglcc.org/ NGLCC certification is given to businesses that are at least 51% owned, controlled, and managed by LGBT individuals.
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National Veteran Business Development Council (NVBDC) Certification URL: https://nvbdc.org/ NVBDC certification verifies that a business is at least 51% owned, controlled, and managed by a veteran or service-disabled veteran.
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U.S. Small Business Administration (SBA) - 8(a) Business Development Program URL: https://www.sba.gov/federal-contracting/contracting-assistance-programs/8a-business-development-program The SBA's 8(a) certification is for socially and economically disadvantaged small businesses, which may include businesses owned by minority groups, women, or veterans.
While Fortune-500 companies may not explicitly reject contractors based solely on their certifications, they often have supplier diversity goals and may prioritize working with certified businesses. These companies may also be required to comply with federal regulations regarding diversity in their procurement processes.
To increase the chances of securing contracts with Fortune-500 companies, businesses can seek certification from one or more of these organizations. This can help demonstrate their commitment to diversity and inclusion and open up opportunities for partnerships and collaborations with large corporations. For more details on diversity, checkout our post on how Supplier Diversity Programs have Evolved in Businesses and Enterprises and the Top Reasons government buyers purchase from compliant small businesses.
Conclusion
In conclusion, becoming a certified veteran-owned business is a crucial step for veterans transitioning into entrepreneurship. Obtaining certification from one or more of the top organizations discussed in this guide can open doors to numerous opportunities, resources, and support services tailored specifically for your business. As you embark on this journey, carefully consider the certifications that best align with your business goals, size, and industry. By doing so, you'll be well-equipped to navigate the certification process and enhance your business's credibility, visibility, and access to valuable opportunities. Ultimately, achieving certification can significantly contribute to the growth and success of your veteran-owned business, allowing you to leverage your unique skills and experiences as a veteran entrepreneur.