National Veteran Business Development Council (NVBDC) defines a “Veteran” as a person who served full-time (24/7) “Active Duty” service in the United States “Armed Forces” for a minimum of 180 Consecutive Active Duty Days, less training and breaks there within according to the following statuary and regulatory Legislation: Title 5 USC § 2108; Title 38 USC § 101(21)(22), Title 38 USC § 1965 (1)(5), Title 38 CFR § 3.6; Title 38 USC §4211 (4)
ELIGIBILITY – To be eligible you must have served 180 days on active duty and were discharged under honorable conditions to be considered a veteran. See Veteran Laws above.
OWNERSHIP – Fifty-one percent ownership by a Veteran or Veterans is the minimum requirement. Applicant must share in all risk and profits commensurate with their ownership interest.
CONTROL – Veteran must possess the power to direct or cause to direct the management and policies of the business including the dissolution or sale of the company without restriction by any other party.
CONTRIBUTION – Contribution of capital and/or expertise by Veteran owner(s) to acquire their ownership interest shall be real and substantial and be in proportion of the interest acquired.
INDEPENDENCE – The Veteran business owner(s) shall have the authority to manage the day to day operations without any substantial reliance on non Veterans.
Though achieving Veteran Owned Business Certification requires some work, our process will clearly guide you through the various steps necessary to accomplish this task much faster than you could accomplish on your own.
Learn more by visiting our SD/VOB Certification Page
