The National Veteran Business Development Council is the only third party Veteran Owned Business Certification program in the United States and is organized as a 501c3 not for profit foundation.

The NVBDC was created for the purpose of providing a credible and reliable certifying authority that would ensure that valid documentation exists of a business’ Veteran ownership and control.

Many lucrative businesses opportunities are available to Veteran Owned Businesses through the Supplier Diversity programs offered at many companies and government agencies. In fact, the total spend available to qualifying businesses is estimated to be in excess of $80 Billion annually.

Because the existing Federal Government CVE Veteran Owned Business Certification only covers small businesses, medium and large businesses are left with no acceptable mechanism for establishing bona fide Veteran Owned Business status. In addition, many businesses have complained that the existing CVE certification process is difficult to understand and takes much too long to achieve.

With the NVBDC’s FASTRACK process, businesses that have already established existing Minority Status with the any of the following organizations can qualify for Veteran Owned Business Certification in as little as 30 days—

Center for Verification and Evaluation (CVE) National Minority Supplier Development Council (NMSDC) The Women’s Business Enterprise National Council (WBENC) National Gay Lesbian Chamber of Commerce (NGLCC)

Businesses that do not qualify for FASTRACK, may still be able to get certified in as little as 60 days after their application and supporting documents are submitted for review.

Jim Fausone sits down with Keith King to talk more about this process.