Veteran’s Choice Procurement, LLC is a Service-Disabled Veteran-Owned Small Business (SDVOSB) located in Austin, Texas. They provide healthcare supplies and equipment to federal agencies. With USFCR’s services, owner Jesse Carlow went from starting a business to winning six contracts in less than a year.
The U.S. federal government’s goal is to spend at least 3 percent of its total contracting budget (≈0 billion) on SDVOSBs. This leaves ≈ billion up for grabs.
Start your business’s journey in to federal contracting now!
https://www.usfcr.com
Government agencies will sometimes designate an opportunity for the SDVOSB set-aside. This means that only businesses registered as SDVOSBs can bid on these solicitations. These small businesses also get first priority for contracts with the Department of Veterans affairs. Other government agencies have an incentive to contract with SDVOSBs and create exclusive opportunities to meet their quota.
Needs
After creating a business, there were more steps Jesse needed to take in order to qualify and be able to compete as a government contractor. Here is what a newly formed SDVOSB startup needs to get qualified and remain competitive in the federal marketplace:
Registration in the System for Award Management (SAM)
The first requirement to qualify for federal contracts and grants.
Certification as an SDVOSB
A proper application and documentation are needed to obtain official status as an SDVOSB.
Training and Education
Federal contracting is the most regulated sector in the economy. Without the right knowledge and strategies, the business would be at a competitive disadvantage.
Relationships with Prime Contractors
Subcontracting is how many contractors get their start in the federal marketplace. Many contracts require prime contractors to sub work out to small businesses.
Marketing Materials
Just as in the private sector, marketing plays a crucial role in government contracting. Veteran’s Choice Procurement, LLC needed an effective medium to communicate their capabilities to federal agencies.
Challenges
Veteran’s Choice Procurement, LLC consists of two people. The work required to get started and remain competitive required a larger team. A business in Jesse’s industry could have 499 employees and still be considered as a small business by federal standards. As an SDVOSB startup that has yet to win any contracts, hiring personnel was off the table.
The company needed the capabilities of a larger team without the expense of hiring and training new employees. While researching government contracting on YouTube, Jesse stumbled upon videos produced by USFCR. After going through the channel’s content, he decided to outsource the work needed to get started in government contracting.
More info on How a SDVOSB Won 6 Federal Contracts in Less Than a Year
-
A Mixed Bag for Small Businesses Seeking Federal Contracts: More Money, Fewer Winners
First, the good news: federal agencies doled out $178.6 billion to small-businesses during fiscal year 2023, ending on Sept ... set at 12%, and service-disabled veteran-owned small-businesses, set at ...
-
Chicago Park District union to vote on new five-year contract
Service Employees International Union Local 73, which represents more than 2,200 park district ... The new contract includes a 6% wage increase this year followed by 4% increases each consecutive ...
-
Vlasic signs 6-year contract with Blackhawks
Alex Vlasic signed a six-year, $27.6 million contract with the Chicago Blackhawks on Thursday. It has an average annual value of $4.6 million and runs through the 2029-30 season. The 22-year-old ...
-
Blackhawks agree to a 6-year contract with defenseman Alex Vlasic
The contract runs through the 2029-30 season with a $4.6 million salary-cap hit. “Alex made enormous strides this year and proved he is a legitimate top-four defenseman in the NHL,” general ...
-
Blackhawks agree to a 6-year contract with defenseman Alex Vlasic
The contract runs through the 2029-30 season with a $4.6 million salary-cap hit. “Alex made enormous strides this year and proved he is a legitimate top-four defenseman in the NHL,” general ...
-
House panel advances bill to make federal contracting easier to understand
Federal contracting opportunities too complicated to understand? There’s a bill for that. Reps. Nick LaLota, R-N.Y., and Shri Thanedar, D-Mich., say that their Plain Language in Contracting Act ...
-
REPORT: Flyers Goaltender Signs Two-Year Extension
According to reports, the Philadelphia Flyers have signed goalie Ivan Fedotov to a two-year contract extension ... and was forced into action sooner than expected. In three appearances, Fedotov ...
-
Startups raise $2bn in Q4, 40% less than a year ago
That’s about 40% lower compared to the $3.3 billion that companies pocketed from investors in the year-ago quarter. A reading of the trends in quarterly funding, however, showed that the ...
-
Fedotov signs 2-year, $6.5 million contract with Flyers
Ivan Fedotov signed a two-year, $6.5 million contract with the Philadelphia Flyers on Tuesday. It has an average annual value of $3.25 million. The 27-year-old goalie could have become an ...
-
Here is a one-year CD that now pays 5.36% — thanks to the Federal Reserve
You can thank inflation, which is proving harder to beat than Wall Street had previously thought, and Federal Reserve Chair ... money risk-free for a full year, Chicago-based bank CIBC is now ...
-
Three King County Motel 6 locations facing federal sex trafficking lawsuit
Three Motel 6 locations in King County are facing a federal lawsuit for allegedly allowing sex trafficking on premises. A Bothell woman is suing the major chain for allegedly facilitating ...