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Recently, visit this site the U.S. House of Representatives passed the 2015 Defense Authorization Act (NDAA.) The House’s version of the act intends to transfer the Service Disabled Veteran-Owned Small Business (SDVOSB) verification responsibility from the VA to the U.S. Small Business Administration (SBA).

Currently, page the VA’s Office of Small and Disadvantaged Business Utilization (OSDB) is responsible for the verification. The OSDB runs SDVOSB verification through their VetBiz website at www.vetbiz.gov.

Under the version that the House just passed, the VA would be directed to use the SBA’s definition of a SDVOSB until the transfer of responsibilities to the SBA is complete. In the past, the requirements to qualify as a SDVOSB has varied, depending on whether an acquisition falls under the VA’s or SBA’s SDVOSB rules. Requiring both agencies to use the same definition could resolve a major problem.

But if the Senate passes the bill without amending it and the president signs off, the VA would not use the SBA’s definition for long. As it stands, the bill requires the VA to enter into a Memorandum of Understanding with the SBA within 180 days, under which the VA will transfer control and administration of the SDVOSB verification program to the SBA.

The current NDAA in the Senate specifies that the SBA’s Office of Hearings and Appeals would be responsible for all appeals regarding denied verifications or appeals from SDVOSB status protests under VA set-aside contracts. The bill currently does not specify whether SDVOSB status protests would be decided by the SBA, or continue to be settled by the VA.

It is likely that the House-passed NDAA will not make it through the Senate without changes. If so, the NDAA for fiscal 2015 will not be enacted until a House-Senate conference committee can reach an agreement.If the Senate agrees, and the President signs the bill into law, the process of transferring SDVOSB verification from the VA CVE to the SBA could begin later this year.

Veteran small business owners and Service-Disabled small business owners should pay attention to how the FY 2015 NDAA plays out. It could mean big changes are in store.

The Veteran and Military Business Owners Association (VAMBOA) is a non-profit business trade association that promotes and assists Veteran Business Owners, Service Disabled Veteran Owned Businesses (SDVOB) and Military Business Owners. Small businesses are the backbone of our economy and responsible for job generation. That is why VAMBOA provides its members with Business Coaching, Contracting Opportunities, a Blog that provides information, Networking contacts and other resources. Membership is FREE to Veterans. Join Now!

VAMBOA: House Bill Could Change SDVOSB Law: By Debbie Gregory

Veterans Small Business Forum

‘Overcoming Barriers to Becoming a Successful Veteran Entrepreneur in the Federal Marketplace’

Tuesday, June 10, 2014
1 pm – 3 pm

hosted by

The Small Business Administration (SBA)
Office of Veterans Small Business Development
409 3rd Street, S.W.
Washington, DC 20416

(All are Welcomed – You Must Register to Attend)

You Must Register to Attend Click Here to Reserve Your Seat!

If Participating by Phone

use the number and code below

(805) 399-1200

Code 877589#

(Call lines will open up at 945 am)

 

Please be mindful to mute your phone using *6 when listening then you may press *6 again to unmute when you are speaking.

Thank You!

The U.S. Small Business Administration’s Rhode Island District Office and the Rhode Island chapter of AARP are pleased to present two Encore Entrepreneur Month Events!

Learn to Read the Story Your Financial Statements Are Telling You
Tuesday, April 15th – 9:30am – 11:30am
Warwick Public Library
600 Sandy Lane, Small Meeting Room
Warwick, RI  02889

Being able to understand what the numbers in your cash flow statement, and on your balance sheet are telling you is a critical component to understanding just how financially healthy your small business is. Participants will learn the tricks of the trade when it comes to deciphering what your financial statements are really telling you about your business.

Make a Business Plan Part of Your Retirement Plan
Thursday, April 17th – 9:30am – 11:30am
SBA District Office Training Facility
380 Westminster Street, 5th Floor, Room 511
Providence, RI  02903

Many people celebrate retirement by starting their own business. At the core of every successful business is a solid business plan.  Join us as our small business experts show you the building blocks for your successful small business.

Both seminars are presented FREE of charge.  For more information or to register, please call or email Matthew Spoehr at the RI District Office of the U.S. Small Business Administration (401) 528-4561 or [email protected]

With one in four individuals ages 44 to 70 interested in becoming entrepreneurs, and 63 percent of Americans planning to work during retirement, small business ownership has never been a more viable option.  SBA and AARP will offer training and mentoring services older entrepreneurs need to successfully start and grow businesses in order to create jobs.

Starting a business at any age can be a life changing event.  This SBA and AARP initiative will help potential business owners be confident they have addressed important questions as they prepare to pursue their dream of business ownership.  Questions about finance, planning and market analysis should be addressed before men and women invest their time, energy and personal funds to their business.

ATLANTA – The U.S. Small Business Administration is teaming up with Yelp to present a free, pills in-person event to help Georgia small business owners engage with online reviewers and manage their online reputation.  The event will take place on Wednesday, more about April 3rd from 10 a.m. to 12 p.m. at Kennesaw State University SBDC, KSU Center – Suite 400, 3333 Busbee Drive, Kennesaw GA 30144.  (Phone: 770.423.6450)

Media interested in attending should email [email protected] to register.

Small business owners can register for the event at: http://events.sba.gov/eventmanagement/eventlisting.aspx?state=GA

The 90 minute event will include:

  • An overview of how small businesses can join the conversations that are happening about their businesses online
  • Panel discussion featuring best practices for getting started with online review sites with perspectives from business owners and reviewers
  • Tips on how to handle critical feedback and respond to reviews
  • Ways to generate more buzz by creating exciting promotions and monitoring customer leads.
  • Informal networking with light refreshments

For more information about the SBA and Yelp partnership, visit:  www.sba.gov/onlinereviews.

WHAT:          “Success With Online Reviews”

WHEN:          Wednesday, April 3rd from 10 a.m. to 12 p.m.

WHERE:       Kennesaw State University SBDC, KSU Center – Suite 500,

                        3333 Busbee Drive, Kennesaw GA 30144. 

                        (Phone: 770.423.6450)

HOW:             Registration is free, but limited to availability.  http://events.sba.gov/eventmanagement/eventlisting.aspx?state=GA

Small businesses interested pursuing contracts with public agencies and private corporations are invited to attend the Southern California 8(a) Conference on May 7th from 7:00 a.m. until 3:30 p.m. at the Crowne Plaza Resort in Garden Grove, CA.

At the Southern California 8(a) Conference we’ll feature a variety of training formats and opportunities for you to introduce yourself to buyers.

Do you want to learn best practices that will help you make a better impression with contracting officers? We’ll feature a panel discussion with contracting officers from Federal, State, and County agencies.

Do you want the opportunity to pitch your business and its capabilities to the procurement community via one-on-one matchmaking? We’ve got you covered there with commitments from participating organizations such as Clark Construction, General Services Administration (GSA), Metropolitan Water District, Department of General Services., CalTrans, Lockheed Martin, Boeing, March Air Force Reserve Base, Siemans Industry, Inc., Port of Long Beach, and more.

We’ll also feature workshops on topics including contract financing, understanding Federal and State certifications, and more.

Don’t let the name fool you, this conference has plenty of information and opportunities applicable to HUBZone, WOSB, SBE, WBE, MBE, DVBE, and SDVOSB firms.

Cost of attendance is $75 or $85 if you register after April 20 and includes breakfast and lunch. Register today to take advantage of early bird pricing.

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