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Business certification applications can be tricky and understanding certification programs can get confusing. That's why we created CertAssist.net.  CertAssist.net is the #1 resource on the internet for information and guidance on DBE, MBE, SBE, WBE and other business certification programs available to Louisiana businesses. 

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LOUISIANA DEPARTMENT OF ECONOMIC DEVELOPMENT

  • Veterans Initiative Certification

SUMMARY

  • Certification Designation: Veterans Initiative/Service-Connected Veteran Owned/Service-Connected Disabled Veteran-Owned
  • Race Conscious: NO
  • Gender Conscious: NO
  • Re-Certification: Annual updates
  • Graduation: None
  • Approval Timeline: 48 Hours
  • Cost: Free
  • Website: www.opportunitylouisiana.com

OVERVIEW (Download PDF)

 

Louisiana’s Veteran Initiative (LAVETBIZ) is a certification program designed to help eligible Louisiana Veteran-owned and Service-Connected Disabled-Veteran-owned small businesses gain greater access to purchasing and contracting opportunities that are available at the state government level.

 

  • Your business and contact information will be accessible to state purchasing officials and prime contractors who are looking for subcontractors
  • State agencies are encouraged to get quotes from and use qualified, certified companies whenever possible
  • For small purchases (less than $15,000), state agencies can waive the required additional quotes if a certified company submits a quote that is reasonable
  • 10% of the total evaluation points can be added to your bid on a Request for Proposal (RFP)
  •  Prime contractors who use your business as a subcontractor on a bid for an RFP are also eligible to receive additional percentage points on their bid

ELIGIBILITY

 

The program is open to all Louisiana businesses that meet the following eligibility requirements of a Small Entrepreneurship (SE) under the Veterans Initiative:

  • Veteran Ownership – At least 51% of the business must be owned by a veteran
  • Principal Place of Business – The company must have its principal place of business in Louisiana
  • Employees – The company must have fewer than 50 full-time employees
  • Average Annual Gross Receipts – Average annual gross receipts must not exceed $5 million for non- construction and $10 million for construction companies
  • Independently Owned and Operated – The business must be independently owned and operated
  • Not Dominant – The business must not be dominant in its professional field
  • Louisiana Residency – Must be owned by persons domiciled in Louisiana
  • Citizenship – Must be owned by and have officers who are U.S. citizens or legal residents

Service-Connected Disabled Veteran – This is an additional distinction available within the Veteran Initiative for Service-Connected Disabled-Veteran-owned businesses. To qualify, the business must meet all of the requirements above, as well as the following:

 

  • Service-Connected Disabled-Veteran-Owned – At least 51% of the business must be owned by a Service-Connected Disabled Veteran

CERTIFICATION PROCESS

Complete the online application at www.ledsmallbiz.com.  LED will review completed applications within two business days of submittal. You will receive an email notification after review that acknowledges your application status. Submit annual updates through www.ledsmallbiz.com by your anniversary date each year to remain certified in the program. 

Certification Application

Agency contact information is included in the PDF Overview above.

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