Tips on Succeeding as a Service-Disabled Veteran-Owned Small Business

A service-disabled veteran-owned small business (SDVOSB) is a small business that is owned and controlled by a veteran with a service-connected disability. SDVOSBs are eligible for a variety of government contracting preferences, including sole-source awards and contract bundling.

There are a number of benefits to becoming a SDVOSB, including:

• Increased access to government contracts
• Preferential treatment in the bidding process
• Access to specialized training and support programs

To become a SDVOSB, you must meet the following requirements:

• Be a small business
• Be owned and controlled by a veteran with a service-connected disability
• Be registered with the System for Award Management (SAM)

If you meet these requirements, you can apply for SDVOSB certification through the Department of Veterans Affairs (VA). The VA will review your application and make a determination within 60 days.

Once you are certified as a SDVOSB, you will be able to take advantage of the government contracting preferences that are available to you. These preferences can help you grow your business and create jobs for other veterans.

1. Veteran status

This requirement ensures that SDVOSBs are owned and operated by veterans who have served our country and sacrificed for our freedom. To qualify as a veteran with a service-connected disability, the veteran must have a disability that is rated by the Department of Veterans Affairs (VA) as 10% or more disabling.

• Title of Facet 1: Service-connected disability

  A service-connected disability is a disability that was incurred or aggravated during active military service. This includes disabilities that are the result of combat injuries, training accidents, or other service-related incidents.

• Title of Facet 2: VA disability rating

  The VA disability rating system is used to determine the severity of a veteran’s disability. The rating is based on a number of factors, including the nature of the disability, its impact on the veteran’s ability to work, and the veteran’s age and occupation.

• Title of Facet 3: Veteran-owned business

  A veteran-owned business is a business that is at least 51% owned and controlled by a veteran. The veteran must be actively involved in the management and operation of the business.

• Title of Facet 4: Small business

  A small business is a business that meets the SBA’s size standards for its industry. The SBA’s size standards are based on the number of employees, annual revenue, and other factors.

The requirement that SDVOSBs be owned and controlled by veterans with service-connected disabilities ensures that these businesses are owned and operated by veterans who have served our country and sacrificed for our freedom. This requirement also helps to ensure that SDVOSBs are able to compete for and win government contracts, which can help them to create jobs and grow the economy.

2. Small business size

The Small Business Administration (SBA) defines a small business as one that meets certain size standards for its industry. These standards are based on the number of employees, annual revenue, and other factors. In order to qualify as a SDVOSB, a business must meet the SBA’s size standards for its industry.

There are a number of reasons why it is important for SDVOSBs to meet the SBA’s size standards. First, the SBA’s size standards help to ensure that SDVOSBs are small businesses that are owned and operated by veterans. This is important because the purpose of the SDVOSB program is to help small businesses that are owned and operated by veterans compete for and win government contracts.

Second, the SBA’s size standards help to ensure that SDVOSBs are able to compete for and win government contracts. The SBA has a number of programs that are designed to help small businesses win government contracts. These programs include set-aside contracts, sole-source contracts, and mentor-protg programs.

In order to be eligible for these programs, SDVOSBs must meet the SBA’s size standards. By meeting the SBA’s size standards, SDVOSBs are able to take advantage of these programs and increase their chances of winning government contracts.

Finally, the SBA’s size standards help to ensure that SDVOSBs are able to grow and create jobs. The SBA’s size standards help to ensure that SDVOSBs are small businesses that are able to compete for and win government contracts. This allows SDVOSBs to grow and create jobs, which benefits the veteran community and the economy as a whole.

3. Registration

The System for Award Management (SAM) is a database of government contractors that is used by federal agencies to award contracts. All businesses that want to do business with the federal government must be registered in SAM. In order to register for SAM, a business must have a valid DUNS number. A DUNS number is a unique nine-digit number that is assigned to businesses by Dun & Bradstreet.

For service-disabled veteran-owned small businesses (SDVOSBs), registering with SAM is an important step in the process of becoming a government contractor. SAM registration allows SDVOSBs to be listed in the government’s database of contractors, which makes it easier for them to find and bid on government contracts.

In addition, SAM registration gives SDVOSBs access to a number of benefits, including:

• The ability to receive government contracts
• Access to government contracting resources
• Training and support from the SBA

Registering with SAM is a relatively simple process. Businesses can register online at the SAM website. Once a business is registered, it will be able to search for and bid on government contracts.

For SDVOSBs, registering with SAM is an essential step in the process of becoming a government contractor. SAM registration gives SDVOSBs access to a number of benefits that can help them to win government contracts and grow their businesses.

FAQs

This section provides answers to frequently asked questions (FAQs) about how to become a service-disabled veteran-owned small business (SDVOSB).

Question 1: What are the benefits of becoming a SDVOSB?

SDVOSBs are eligible for a number of government contracting preferences, including sole-source awards and contract bundling. These preferences can help SDVOSBs to win government contracts and grow their businesses.

Question 2: What are the requirements to become a SDVOSB?

To become a SDVOSB, a business must meet the following requirements:

• Be a small business
• Be owned and controlled by a veteran with a service-connected disability
• Be registered with the System for Award Management (SAM)

Question 3: How do I register my business with SAM?

Businesses can register with SAM online at the SAM website. Once a business is registered, it will be able to search for and bid on government contracts.

Question 4: What is the difference between a veteran-owned business and a SDVOSB?

A veteran-owned business is a business that is at least 51% owned and controlled by a veteran. A SDVOSB is a veteran-owned business that is also owned and controlled by a veteran with a service-connected disability.

Question 5: What resources are available to help SDVOSBs?

There are a number of resources available to help SDVOSBs, including the Small Business Administration (SBA) and the Department of Veterans Affairs (VA). These organizations can provide SDVOSBs with training, counseling, and other support services.

Question 6: How can I learn more about becoming a SDVOSB?

There are a number of resources available to help you learn more about becoming a SDVOSB. You can visit the SBA website or the VA website, or you can contact your local SBA or VA office.

Becoming a SDVOSB can be a great way for veteran-owned businesses to grow and succeed. By taking advantage of the resources and opportunities that are available to them, SDVOSBs can win government contracts and create jobs.

For more information, please visit the SBA website or the VA website.

Tips on How to Become a Service-Disabled Veteran-Owned Small Business

Becoming a service-disabled veteran-owned small business (SDVOSB) can be a great way for veteran-owned businesses to grow and succeed. By taking advantage of the resources and opportunities that are available to them, SDVOSBs can win government contracts and create jobs.

Here are five tips to help you become a SDVOSB:

Tip 1: Meet the eligibility requirements.

To become a SDVOSB, your business must meet the following requirements:

• Be a small business
• Be owned and controlled by a veteran with a service-connected disability
• Be registered with the System for Award Management (SAM)

Tip 2: Register your business with SAM.

All businesses that want to do business with the federal government must be registered in SAM. You can register online at the SAM website.

Tip 3: Get certified as a SDVOSB.

Once your business is registered with SAM, you can apply for SDVOSB certification through the Department of Veterans Affairs (VA). The VA will review your application and make a determination within 60 days.

Tip 4: Market your business to government agencies.

Once you are certified as a SDVOSB, you can start marketing your business to government agencies. There are a number of resources available to help you find and bid on government contracts.

Tip 5: Take advantage of the resources available to SDVOSBs.

There are a number of resources available to help SDVOSBs, including the Small Business Administration (SBA) and the VA. These organizations can provide SDVOSBs with training, counseling, and other support services.

By following these tips, you can increase your chances of becoming a successful SDVOSB.

Summary of key takeaways:

• SDVOSBs are eligible for a number of government contracting preferences, including sole-source awards and contract bundling.
• To become a SDVOSB, your business must meet certain eligibility requirements, including being a small business, being owned and controlled by a veteran with a service-connected disability, and being registered with SAM.
• There are a number of resources available to help SDVOSBs, including the SBA and the VA.

By taking advantage of the resources and opportunities that are available to them, SDVOSBs can win government contracts and create jobs.

In Closing

Becoming a service-disabled veteran-owned small business (SDVOSB) can be a great way for veteran-owned businesses to grow and succeed. SDVOSBs are eligible for a number of government contracting preferences, including sole-source awards and contract bundling. These preferences can help SDVOSBs to win government contracts and create jobs.

If you are a veteran with a service-connected disability and you are interested in starting a business, you may be eligible to become a SDVOSB. To learn more about the SDVOSB program, you can visit the SBA website or the VA website.

SDVOSBs play an important role in the economy. They create jobs, generate revenue, and provide goods and services to the government. By supporting SDVOSBs, we can help veterans and their families achieve their business goals.