Veteran Owned Small Business (VOSB) is a company diversity registration designated under the Veteran Benefits, Health Care, and Information Technology Act of 2006 (Public Law 109-461). Registration ensures that companies qualify for preferential procurement for federal contracts if they are owned and controlled by Veterans.
This certification is non-industry specific and requires that the firm meets the small business requirements established by the Small Business Administration (SBA). Additionally, it requires that the company is at least 51% owned, operated and controlled by a veteran.
Organizations wishing to become verified as a veteran owned small business can submit an application to the Department of Veteran Affairs (VA). The application will be reviewed and the business will be evaluated for eligibility. The process takes approximately 90 days to complete. If the decision on eligibility is unfavorable, the organization may appeal the process for reconsideration.