What is SDVOSB?
SDVOSB stands for Service-Disabled Veteran-Owned Small Business and was signed into law effective in 2004. It is a program developed by the Federal government to help businesses like Veterans Development Corporation whom are owned by and employ veterans.
To qualify as a SDVOSB
To qualify as a SDVOSB a business must meet certain criteria. Those qualifications for eligibility can be found on the U.S. Small Business Administration website and are as follows:
- Be a small business according to SBA’s size standards
- Be at least 51% owned and controlled by one or more service-disabled veterans
- Have one or more service-disabled veterans manage day-to-day operations who also make long-term decisions
- Eligible veterans must have a service-connected disability
How does Veterans Development Corporation, Inc qualify?
Mark Voner is the Founder, President and Chief Operating Office, comes from a family of career service personnel. He began serving his country in 1981, when he joined the U.S. Marine Corps, serving in Beirut, Lebanon from 1982 – 1983. In 1984, he was honorably discharged and returned home to the Boston area, where he began working for his father’s construction company. He worked his way up within the company, managing in the field and estimating projects – a skill at which he excelled.
In addition to Mark Voner’s ownership of the company, Veterans Development Corporation, Inc also employs many veterans managing and working throughout its operations.