Education & Employment
Louisiana Veteran Initiative and Veterans First Business Certification
Certification as a veteran-owned small business adds up to 12% of the total evaluation points on a state RFP and lets agencies skip extra bid quotes under $25,000. Two separate programs, two separate applications.
Also called: Veteran Initiative, Veterans First, LaVet, small business, 12 percent, bid points, $25,000, state contracts, Hudson Initiative, service-connected disabled veteran owned, certification.
For: Veteran or service member, survivor.
Where it applies
Written for the jurisdictions listed here.
- LouisianaState
Thresholds
| Gate | Rule |
|---|---|
| 51% veteran ownership and a Louisiana principal place of business | The Veteran Initiative requires at least 51 percent veteran ownership, a principal place of business in Louisiana, Louisiana resident owners and officers who are U.S. citizens or legal residents, independent ownership and operation, and that the business not be dominant in its field. No disability rating is required, so the rating filter never hides this benefit. |
| Under 50 employees and under $6M or $10M in receipts | The Small Entrepreneurship standard caps the business at fewer than 50 full-time employees and annual gross receipts of $6 million for non-construction or $10 million for construction. Crossing either ceiling ends the preference. |
| Service-connected disabled veteran-owned is a further tier | A service-connected disabled veteran-owned business requires 51 percent or more ownership by a service-connected disabled veteran, in addition to the base requirements. No percentage rating is specified. |
| Veterans First reaches current members and DIC surviving spouses | The separate Veterans First certification covers businesses at least 51 percent owned by veterans, active duty, reserve or National Guard members, or surviving spouses receiving Dependency and Indemnity Compensation, and lists them in a public database. |
Sources
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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.