Education & Employment
Illinois Veterans Business Program
Certification by the Commission on Equity and Inclusion and the Department of Veterans' Affairs that counts an Illinois veteran-owned small business toward the State's goal of at least 3% of contract dollars: 51% owned and controlled by veterans living in Illinois, a home office in Illinois and gross sales under $150 million; the service-disabled category needs a 10% rating.
Also called: IVBP, veteran-owned business, certification, state contracting, 51 percent, procurement, CMS, service-disabled.
For: Veteran or service member.
Where it applies
Written for the jurisdictions listed here.
- IllinoisState
Thresholds
| Gate | Rule |
|---|---|
| 51% ownership and control by veterans living in Illinois, an Illinois home office and gross sales under $150 million | The gates are at least 51 percent ownership and real, continuing control by one or more qualified veterans living in Illinois, a home office in Illinois and gross sales under $150 million. No rating is needed for the veteran-owned category, so the rating filter never hides this benefit; the service-disabled category needs a 10% rating. |
| A 10% rating for the service-disabled category | A qualified service-disabled veteran has a service-connected disability of 10% or more found by VA or the Department of Defense. The veteran-owned category needs no rating, so this never hides the entry. |
Sources
Updated
Last updated .
What changed then:
- Eligibility rule “51% veteran ownership and control, with gross sales under $150 million” renamed “51% ownership and control by veterans living in Illinois, an Illinois home office and gross sales under $150 million”.
- Eligibility rule “51% ownership and control by veterans living in Illinois, an Illinois home office and gross sales under $150 million” now reads: “The gates are at least 51 percent ownership and real, continuing control by one or more qualified veterans living in Illinois, a home office in Illinois and gross sales under $150 million. No rating is needed for the veteran-owned category, so the rating filter never hides this benefit; the service-disabled category needs a 10% rating.”
- New eligibility rule: “A 10% rating for the service-disabled category”.
- And 7 more changes.
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Disclaimer
VetTOC is not affiliated with the U.S. Department of Veterans Affairs or the Department of Defense. Information is for reference only and is not an eligibility determination. Verify with VA, the relevant state or territory, or an accredited VSO.