California has 243,443 veterans receiving monthly disability payments, according to the Department of Veteran Affairs (VA). California’s number of combat veterans has increased recently but conversely, the overall number of veterans has declined.
The increased number of veterans returning to California from deployment has launched a push to help disabled veterans get work with focusing on veterans owning or launching small businesses.
California has yet to meet its goal of awarding at least 3% of its contract business to disabled veterans despite the 1,119 businesses owned by disabled veterans and despite the $9 million the state spends every year on contracts and purchasing.
For years there have been financial incentives for state agencies to award contracts to veteran owned businesses. New evolutions in state law provide two new ways to help veterans garner more of the available money.
First, a new law was passed requiring companies to prove they made an effort to use disabled veteran owned business as subcontractors or face penalties. Second, the “good-faith effort” provision, which allowed contractors to simply submit a form stating they attempted to use a disabled veteran owned business, was eliminated.
Many disabled veteran owned businesses immediately saw the benefits of these two improvements in the system with increased number of contracts. While benefits were not seen by every disabled veteran-owned business, this is definitely a step in the right direction.
Learn more about how California is helping disabled veterans find work from state contracts.