Small Business Concerns owned and controlled by service-disabled veterans has been established under The Veterans Bene ts Act of 2003 – Public Law 108-183. This act assists federal agencies in meeting the 3% veteran contracting goal.
Federal contracting of cers may now set-aside or award sole- source contracts to Service-Disabled Veteran Owned (SDVO) Small Business Concerns (SBC).
- 51% or more owned by one or more service-disabled veterans.
- Management and daily business operations is controlled by one or more service-disabled veterans or the spouse of such veteran if the veteran is permanently and severely disabled.
- At the time of contract offer, an SDVO SBC is small as defined by the size standard corresponding to the NAICS code (13 CFR 121.201) assigned to the contract.
Small business concerns self-certify. You should obtain a letter from the VA certifying that you are a service-disabled veteran in the event another business protests your award. Continue reading
By Caron Beesley, Contributor
Although small businesses still turn to credit unions, community banks, and traditional banks for their capital needs, outside equity such as angel investment and venture capital, are valid options. In fact, the venture and angel capital industries are experiencing a sharp increase in demand thanks to a greater certainty in the domestic economy.
If you’re looking for a private equity firm, venture or angel capitalist to fund your business, what are your options? Below are some tips for identifying the right fit for your needs and taking those important first steps. Continue reading
Got a great idea? Follow these first steps from SCORE Counselor, Alan Tratner of Santa Barbara, CA.
1. Put all your ideas, notes and drawings in an inventor’s journal, and have it signed, witnessed and dated. Be careful about disclosing your ideas to anyone—use a confidentiality or non-disclosure document when discussing your ideas.
2. Decide whether to file a provisional patent application with the United States Patent and Trademark Office. For more information on the benefits and how to file, visit the USPTO Web site at http://www.uspto.gov.
3. Conduct a Preliminary Patentability Search to discover what patents exist like your ideas — and get a patent attorney to render you a Patentability Opinion. There are many ways to conduct the search, including the Patent Depository Libraries on the uspto.gov Web site. File a PTO Provisional Patent Application for one year if all looks good. Continue reading
Different types of businesses need different types of licenses. It can get pretty complicated, so Washington State has created an online tool that will help you create a personalized Business Licensing Guide based on your answers to a few questions.
To give it a try, click here…
Then leave a comment to let us know what you think.