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State certified service-disabled veteran-owned businesses at “national record pace” in 2018

By Vance Marriner

Date:

New York State certified 181 service-disabled veteran-owned businesses (SDVOBs) last year, a figure contributing to a “national record pace,” according to the 2018 annual report of the New York State Office of General Services (OGS) Division of Service-Disabled Veterans’ Business Development. 

OGS states that the goal of the SDVOB program is “to encourage and support eligible SDVOBs to play a greater role in the state’s economy by increasing their participation in New York State’s contracting opportunities.” The 2018 annual report indicated that New York has a 6-percent participation goal for SDVOB companies on state contracts, which the agency claimed is the highest such goal in the nation.

From the beginning of the program in May 2014 through the end of 2018, 727 applications for SDVOB status had been received. As of Dec. 31, 2018, New York had approved certifications for 585 businesses, according to the report.

The full report can be accessed online at this link: https://ogs.ny.gov/system/files/documents/2019/01/2018dsdvbdannualreport.pdf

The number of certified SDVOBs in New York has since surged to 699 businesses, as of Aug. 28, according to a news release from the OGS. 

For a business to receive certification, one or more service-disabled veterans — with a service-connected disability rating of 10 percent or more from the U.S. Department of Veterans Affairs (or from the New York State Division of Veterans’ Affairs for National Guard veterans) — must own at least 51 percent of the business. Other criteria include: the business must be independently owned and operated and have a significant business presence in New York, it must have conducted business for at least one year prior to the application date, and it must qualify as a small business under the New York State program. Several more requirements also need to be met. 

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