Tagged: Minnesota SDVOSBs

Minnesota Admin

Minnesota Creates More Veteran Owned Small Business Opportunities

Change in State Purchasing Policy Creates More Opportunities for Veteran Owned Businesses The Minnesota Department of Administration announced it will enhance the ability of certain small businesses to compete for state contracts. The initiative began February 1st, when small businesses owned by women, minorities, people with physical disabilities, or veterans bid for state contracts, existing preferences will apply to a… Read more

Veteran Owned Businesses By State

Veteran-owned firms had sales/receipts of $1.220 trillion, 5.793 million employees, and annual payroll of $210 billion. Employer firms were responsible for 92.3 percent of the receipts, Personal and business credit cards were also $1.126 trillion. Nearly one third of all veteran-owned firms were in two industry groups: construction and professional, scientific, and technical services. By industry, finance and insurance had… Read more