SBA Announces Changes to CVE Transfer for Veteran Contractors

The SBA announced changes to its new Veteran Small Business Certification Program that will replace the VA’s Center for Verification and Evaluation (CVE) program on January 1, 2023. Changes include a one-time, one-year extension to current veteran-owned small businesses (VOSBs) and service-disabled veteran owned small businesses (SDVOSBs) verified by the VA’s CVE as of January 1, 2023. Self-certified SDVOSBs will also receive a one-year grace period, until January 1, 2024.

SBA held a webinar to provide more information about the new veteran business certification program. During this webinar, Larry Stubblefield, Associate Administrator of the Office of Veterans Business Development, discussed the streamlining of the SBA certification process. SBA will use a new platform called "My SBA," which will replace certify.SBA.gov and modernize the certification and lending processes. My SBA will host all certification and lending documents once uploaded, which will reduce the need for businesses to submit the same form multiple times. Due to veteran business feedback during the transition process, the SBA will now have a lighter VOSB program recertification review process. Under the SBA, the VOSB recertification process will require less documents - likely between two to ten during the review.

Read more from the SBA here.