Ideas traveling at the speed of light
? We want you to know what it means to be a SDVOSB in general and what it means specifically to Green Light to be owned by and employee veterans.
The History of Service Disabled Veteran Owned Small Businesses
In 1999 the federal government passed the Veterans Entrepreneurship and Small Business Development Act. This law established an annual goal for the government to have at least 3% of the total value of all prime contract and subcontracts to be won by small businesses owned and controlled by service-disabled veterans. After the passing of the 1999 law, several other laws were passed to standardized the meaning of a Service Disabled Veteran Owned Small Business. These laws ensure that the federal government helps support disabled veteran owned businesses. Moreover, it provides these veteran owned business with opportunities to win government contracts.
In order to be considered a Service Disabled Veteran Owned Small Business, a business must meet several criteria. These criteria include that the Service Disabled Veteran (SDV) must have a service-connected disability as determined by the Department of Veterans Affairs or the Department of Defense. The business must be considered “small” via the North American Industry Classification System. The Service Disabled Veteran must own at least 51% of the business. Finally, the Service Disabled Veteran must control the management of the business, and hold the highest officer position.
What does it mean to Green Light to work with veterans everyday?
Green Light Innovations meets all of these criteria set by the federal government. However, being a Service Disabled Veteran Owned Small Business means so much more to us than just meeting a list of requirements. As a SDVOSB, we’ve incorporated the principles of military service: Excellence in all we do and Service before Self, into the DNA of our organization and it sows in the products we make and our commitment to customers and all stake holders. Green Light knows the capacity and the potential of our veterans and takes pride in hiring veterans whenever possible. Additionally, we ensure that we connect our veteran employees to resources that help them navigate life after the military. Finally, we pride ourselves on partnering with other veteran owned small businesses.
Above all, Green Light Innovations recognizes and honors the veterans that have served our country.