Service Disabled Veteran Owned Small Business
Fortuna BMC is honored to be certified as a Service Disabled Veteran Owned Small Business (SDVOSB). Through the SDVOSB program, we are eligible to apply for government contracts, maintain prime contractor partnerships, enjoy exclusive funding opportunities, and help boost local economic growth. Teaming up with a trusted SDVOSB can provide your company with special tax incentives, a simplified contracting process, and additional sources of revenue.
What is SDVOSB Designation?
The SDVOSB designation is reserved for small businesses owned and managed by service-disabled veterans. As a SDVOSB recipient, Fortuna BMC is automatically entitled to acquire up to $4M worth of sole source contracts and pursue SDVOSB government Set-Aside contracts. Under the Vets First Contracting Program established by the Department of Veterans Affairs (VA), awarding contracts to SDVOBs is the highest priority among other small business initiatives within the VA. In fact, SDVOBs are given special emphasis over other set-asides including VOSB, WOSB, HUBZone, and Disadvantaged. This puts us in a better position to help partners stay competitive and increase their profitability.
SDVOSB Eligibility requirements
- Meet the U.S. SBA’s criteria as a small business under the North American Industry Classification System (NAICS) code assigned to the procurement
- Be at least 51% owned and controlled by one or more service-disabled veterans (SDV)
- Managed by an SDV with a service-connected disability determined by the Department of Veterans Affairs or Department of Defense
To earn the certification, the U.S. Veterans Administration requires disabled veteran business enterprises to undergo a rigorous vetting process. Fortuna BMC is proud to participate in this program and we’re happy to fulfill all the requirements needed to maintain the certification.
Contact us today to speak with one of our consultants.