State Procurement Benefits for Veteran-Owned
The Veterans Business Program (VSP), administered by the , Commision on Equity and Inclusion, state agencies and universities are encouraged to spend at least 3% of their procurement budgets with certified veteran-owned businesses. That equates to over $300 million in state contracts that are specifically targeted to veteran-owned firms every year. State contracting covers everything from construction and building repairs, to building maintenance, office supplies, upkeep for state parks, and a variety of other needed services. Eligible businesses include companies with annual gross sales under $150 million that are 51% owned by one or more qualified veteran(s) or qualified service-disabled veteran(s) living in Illinois. If that’s you, become certified as a veteran-owned business by submitting an application available at: .VBP Certification. If your business is already certified by the VA or Cook County, there’s an expedited process.