Each company and demographic has its own set of challenges and issues to contend with. Veteran-owned businesses can take advantage of plenty of opportunities outlined by government programs. These programs can assist you in everything from getting contracts to supplying you with the tools and technology that will improve your company as a whole. Service-Disabled Veteran-Owned Small Business (SVOSB) should be particularly mindful of such programs so that they can make changes to their businesses when the needs arise. In this article, you'll learn more about some of the opportunities that these companies can take advantage of.
What exactly is a Service-Disabled Veteran-Owned Small Business (SVOSB), and how can you know you're eligible?
This is a small business that is owned by a person or persons who served in the military and were discharged due to injuries or other conditions. There are a number of government programs in place to assist professionals that have dealt with these circumstances. In order to be eligible for these programs, your small business should be at least majority-owned (51%) by a military veteran with a 0% disability rating. If you are eligible under these terms, you will have to apply for a certification to make sure that you can apply for any programs.
How can the Solutions for Enterprise-Wide Procurement (SEWP) program make an impact?
The Solutions for Enterprise-Wide Procurement (SEWP) program was put in place by NASA and the federal government to help eligible buildings improve their technology. Some of the technology that your small business can acquire by using this program includes equipment for information technology (IT) servers, cybersecurity tools, computers and tablets, Software as a Service (SaaS) subscriptions, networking cables, and a variety of other forms of technology.
As an SDVOSB, you can apply for grants and other programs that will let you install and use this technology in your business. The key is to make sure that you have a plan for getting the technology that you need and putting it to use in a way that is the most advantageous. Make sure that you work with professionals that can help you put together the best possible application, and create an itemized list that will help you shop around for the tech that will improve your small business.
Consider the tips in this article so that your small business can start applying for the government programs that reward your service and sacrifice.