As of Jan. 1, the Small Business Administration (SBA) has taken over the veteran-owned small businesses verification process, which was previously overseen by the Department of Veterans Affairs Center for Verification and Evaluation.
The verification process confirms that a business is run by a veteran and allows veteran-owned and service-disabled veteran-owned small businesses to access benefits, including the ability to be awarded a portion of government contracts and the opportunity to purchase surplus government property.
The transfer of the Center for Verification and Evaluation from the VA to SBA was mandated by the William M. (Mac) Thornberry National Defense Authorization Act in an effort to streamline and consolidate services offered to veteran-owned and service-disabled veteran-owned small businesses.
The VA’s Office of Small and Disadvantaged Business Utilization will continue to advocate for and provide education, training and guidance to help veteran entrepreneurs secure government contracts.
The VA stopped taking applications for new verifications and reverifications on Oct. 24, 2022, as the process transferred to SBA.
To learn how DAV helps service members, veterans and spouses become successful entrepreneurs, visit PatriotBootCamp.org.
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