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Supplier Diversity Glossary

Veteran-Owned Small Business

What is a Veteran-Owned Small Business (VOSB)?

A Veteran-Owned Small Business, often referred to as a VOSB, is a business that is at least 51% owned, operated, and controlled by one or more U.S. military veterans, and that is also considered small according to the Small Business Administration's constantly updated Small Business Size Standards.

As a side note, this type of business is sometimes called a Veteran-Owned Business Enterprise, or a VBE.