What control requirements must an SDVOSB meet?
The service-disabled veteran(s) must control the management and daily business operations of the firm. Control means the veteran must hold the highest officer position (e.g., CEO, President, or Managing Member), manage day-to-day operations, and possess the requisite managerial experience to run the business. The veteran cannot be a mere figurehead — non-veterans cannot run daily operations even if the veteran is the majority owner.
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More on Eligibility & Certification
What is a Service-Disabled Veteran-Owned Small Business (SDVOSB)?→
What is the difference between SDVOSB and VOSB?→
Who qualifies as a service-disabled veteran for SDVOSB purposes?→
Is a minimum disability rating required to qualify as an SDVOSB?→
What counts as a service-connected disability?→
What ownership percentage is required for SDVOSB status?→
Can a non-veteran manage an SDVOSB's daily operations?→
Must the service-disabled veteran hold the highest officer position?→