FAQ

Who are we?

VBN is a membership organization responsible to its board of directors, whose mission is to aid U.S. military veteran business owners in growing their capacity to become  preferred suppliers, vendors and contractors to corporations and government agencies, especially those seeking to do business with veterans. Our objective is to support Public Law 108-­‐183 mandatng a minimum 3% requirement for utilizing SDVOSBs by government agencies and their largest prime contractors, as well as a 15% goal for non-­‐SDVOSB veteran owned firms.

Where is VBN based?

VBN business offices are located in Las Vegas NV, with it’s 100 seat, primary training facility located in Henderson, NV. VBN has affiliate locations in Washington DC, Chicago IL, San Diego CA, and Atlanta GA. The VBN URL: www.VetBizInitiative.com

How many veteran owned firms are members?

Our membership is open to any and all 3.7 million veteran owned businesses. We have developed a unique communication and contact system which allows us to sort, and locate veteran owned companies in the NAICS codes where they are registered in the System for Award Management (SAM). There is no published database.

Is VBN affiliated with the Veterans Administration (VA)? 

The VBN Veterans Ownership and Control Certfication Program, is managed and administrated by resident Veteran Services Officers (VSO), who have been trained and certified by the VA to access a veteran’s official records in the VA database. The VSOs are under the direction of the VA. VBN employs VSOs in our operations.

Is VBN affiliated with any other veteran advocacy groups?

VBN is not officially a component or division of any other veteran’s advocacy organization however we are a member of the Veterans Entrepreneurship Task Force, Vet-Force and the Veterans Enterprise Training & Services Group, Inc., VetsGroup two of the na2on’s oldest and most  respected veterans business advocacy umbrella groups, representing over 250 advocacy organizations. Our 501 c-6 sister organization, NABvets Nevada  is our official non-­profit fundraising entity.

Is there a fee for veteran members?

There is no membership fee for certified, and validated veteran and service disabled veteran owned small businesses (SDVOSB).

Is there a corporate and agency sponsorship fee?

There are only suggested sponsorship levels that can be found on the VBN web site.

How does VBN differ from other veteran advocacy organizations?

There are three major differentiators;

  1. VBN conducts veteran and SDVOSB ownership and control certification
  2. VBN sponsors and facilitates on-­‐site, classroom capacity development educational programs, facilitated  by Chicago based, RGMA
  3. VBI operates a matching activity, Request for Sourcing™ that locates and matches qualified veteran owned vendors for opportunities and tracks progress.

What methods does VBI employ in it’s certification procedures?

VBI certification procedures  are modeled after certification procedures of the VA, WBENC, NGLCC and NMSDC.

What safeguards are in place to ensure that information submitted by firms is authentic, validated and kept confidential?

The VBN Senior Oversight Committee, comprised of a distinguished group of national leaders in government, private industry, education and the military is charged with recurring review and approval of all VBN processes and procedures.

What is the VBN value proposition for participants and stakeholders?

The value proposition for veteran and SDVOSBs lies in their ability to increase capacity through the ongoing educational and practical application training programs offered through VBN and in being “mission ready” when procurement and other supply chain opportunities arise.

The value proposition for corporations and government agencies is that the VBN’s capacity development and sourcing programs will result in the identification of qualified, capable veteran owned vendors and suppliers, ready for opportunities and thus enabling corpora2ons and government agencies to reach their veteran, SDVOSB, and supplier diversity goals in general.

Are there any unique attributes of the match making processes?

We utilize a Request for Sourcing™ (RFS) process that begins when corporate user identifies then publishes specific opportunities on the VBN website. VBN processes and procedures search for a match, using over 400 database sources containing veteran and SDVOSB firms. VBN follows the process and all of the associated activities to the end of the sourcing activity. If these activities result in an award, VBN tracks progress through the life of the engagement.

How can my company or agency get involved?

Go the the VBN website and register for additional information and you will be contacted.