SBA taking over veteran small-business contracting certifications from the VA - Jacksonville Business Journal

Veteran-owned small businesses certified by the Veterans Affairs Department to compete for billions of dollars in government contracts will get their certifications automatically extended by one year as part of a transition in the certification process.

through the Center for Verification and Evaluation. The SBA will officially take over the responsibility to certify veteran-owned small businesses, which helps qualify them for federal contracting set-asides and other programs, on Jan. 1, 2023.The one-year extension will give the SBA time to ensure a smooth transition and make sure veteran-owned small businesses won’t be left scrambling while the agency works on certifying new businesses, the agency said in a press release.

After that period of eligibility expires, veteran-owned small business owners will apply for their regular periods of eligibility through the SBA.surge in veteran entrepreneurs sparked by the Covid-19 pandemic. “Last year. we saw the opening of the doors of entrepreneurship to groups that have been left out of new business ownership,” said Gusto Economist, stressing Black and Hispanic business owners surged during the pandemic. “We are seeing this with veterans as well.”

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jacksonville firm buys Georgia quarry in $24M deal - Jacksonville Business JournalA Chatham County quarry has been sold for the second time in 15 months with a nearly 20 percent spike in the price.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

Jax Paws group aims to lessen the stress of holiday travel - Jacksonville Business JournalThe Jacksonville airport's volunteer program brings in trained dogs to offer a distraction during busy travel times.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

Local chef fulfills dream as he becomes partner at Gypsy Cab Co. - Jacksonville Business JournalChef David Moyer has worked his way up from fast food to become part owner of the St. Johns County mainstay.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

Trailer Bridge looks to further growth with 122,000 sf warehouse - Jacksonville Business JournalThe project had been discussed in the past, but customer demand wasn't there. That's changed — in a big way.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

What's behind Hakka Kitchen's decision to close its doors - Jacksonville Business JournalPlant-based Chinese food themed 'country cuisine' was a hit at Hakka Kitchen. Here's why the restaurant is closing regardless.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

Florida jobless rate up after Ian - Jacksonville Business JournalGov. Ron DeSantis’ administration said economic data “continues to show strength,” even with the damage from Hurricane Ian.
Source: JaxBizJournal - 🏆 599. / 51 Read more »