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The United States Government sets aside contract benefits for companies considered to be "Service-Disabled Veteran-Owned Small Business" (SDVOSB). [1]The most notable of these contracts are the Veterans Government-wide Acquisition Contracts (VETS-GWAC) [2] issued in accordance with Executive Order 13360, [3] which is designed to strengthen federal contracting opportunities for SDVO firms.
In 1989, California established the Disabled Veteran Business Enterprise (DVBE) Program, which formally classified service-disabled veterans (SDVs) as a minority group for the purpose of state and municipal government contract awards and entitled Service-Disabled Veteran Owned Businesses (SDVOBs) the same recognition as that provided to other State-recognized minority business owners ...
SDI is a certified Minority Business Enterprise (MBE) with the City of Chicago, the State of Illinois, the National Minority Supplier Development Council (NMSDC) and the California Public Utilities Commission (CPUC). SDI is ranked as a Top Workplace by Built In Chicago, [3] the Chicago Tribune, [4] and Crain's Chicago Business. [5] [6]
In a 2023 report, the SBA found veteran ownership declined from 11% of businesses in 2014 to 8.1% in 2020. Veterans enter the business world prepared with skills they gain in the field like ...
They take in about $1.3 trillion in revenue annually. Their numbers have shrunk, however, as the veteran population has aged. In a 2023 report, the SBA found veteran ownership declined from 11% of businesses in 2014 to 8.1% in 2020. Veterans enter the business world prepared with skills they gain in the field like leadership and problem-solving.
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The Illinois Department of Commerce and Economic Opportunity (DCEO) is the code department [1] [2] of the Illinois state government that sponsors statewide economic development, with special emphases on increasing minority entrepreneurship, promoting the tourism industry, and recruiting Illinois as a location for business investment and film production.
The Illinois Department of Veterans' Affairs (IDVA) is the department [4] [5] of the Illinois state government that assists veterans and their families in navigating the system of federal state and local resources and benefits, provides long-term health care for eligible veterans, and helps veterans address education, mental health, housing, employment, and other challenges.
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