For Immediate Release: Economic News: Veteran-Owned Businesses
Media Contact Below
6.28.2019 – Form 10 Group Inc. is proud to announce that it has earned the exclusive designation as a Certified Service-Disabled Veteran’s Business Enterprise™ (SDVBE) from the National Veteran-Owned Business Association. To be eligible for the designation as NaVOBA Certified SDVBE™, the applicant firm must be at least 51% owned, operated and controlled by one or more U.S. military veterans. At its core certification is a protection for both veteran-owned businesses as well as the corporations and organizations that do business with them.
Form 10 Group was built on a tradition of service to others, the founders’ passion for service, ingrained as cadets at the United States Air Force Academy, is the very foundation of our company and guides our philosophy every day. Form 10 Group blends service and technology which enables success by providing winning turnkey technical and professional services to our customers in the governmental, commercial and non-profit sectors. We utilize our core principles of integrity, innovation, and intelligence in all facets of our business approach.
NaVOBA’s SDVBE Certification ensures the firms that receive contracts are truly deserving of the opportunity. Heather Herndon-Wright, Director of Supply Chain Diversity for Dallas-based Vistra Energy and a NaVOBA Board Director, said verification and validation of the ownership, control and management of suppliers participating in the company’s supplier diversity initiatives is critical to the integrity of Vistra’s efforts.
“NaVOBA’s certification ensures we are utilizing and developing companies that are truly owned, controlled and managed by the veterans we are endeavoring to support, and not front companies for non-qualified individuals or businesses,” Wright said.
“People can easily say ‘I’m a veteran-owned business’ when they really aren’t,” NaVOBA President Matthew Pavelek said. “Corporations will not risk the accuracy of their Supplier Diversity spending goals by recording spend on contracts with firms that say they are owned by veterans if they aren’t absolutely certain of the ownership, operation and control of that firm. Working with a third-party nonprofit organization like NaVOBA and its SDVBE certification program provides that certainty.
About The National Veteran-Owned Business Association (NaVOBA)
NaVOBA is an independent 501(c)(3) nonprofit organization led by Corporate Supplier Diversity professionals. It is the mission of NaVOBA to create corporate contracting opportunities for America’s Veteran’s and Service-Disabled Veteran’s Business Enterprises (SDVBEs) through certification, advocacy, outreach, recognition and education. NaVOBA provides a direct link between corporate America and veteran’s business enterprises, to improve business opportunities for SDVBEs of all sizes.
For more information or to arrange interviews, contact:
Taylor Falk
Business Development Manager
taylor.falk@form10.com
707-238-5925
NaVOBA Media Relations Team
inquiries@navoba.org
(724) 362-8622 ext. 103
