Recognition of the sacrifices of our men and women in uniform who made the transition to small business owners first began with Public Law 106-50 or the Veteran owned small business The Veterans Entrepreneurship and Small Business Development Act of 1999.
The purpose of the Act was to establish new assistance programs for Veterans that were small business owners or planning to make the transition to owning their own business. The Act also established an annual government-wide goal of not less than 3% of the total value of all prime contract and subcontract awards for participation by small business concerns owned and controlled by service-disabled veterans.
This law was a tremendous win for Veterans. Many Veterans start their business careers later in life and recognition and set-aside programs can be the difference between success and failure.
Alaska Sleep Clinic is officially verified as a Veteran Owned Small Business and is currently the only verified VOSB in the state of Alaska doing business in the medical arena.