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2018 Legislative Session Bills

The 2018 legislative session saw the following legislations enacted that impacts small businesses.   HB237   One-stop small business permitting program. Extends the date by which the State Corporation Commission and the Department of Small Business and Supplier Diversity are required to complete aspects of the one-stop small business permitting program from June 30, 2018, to January […]

HB1858: Reciprocal Certification and the SWaM Certification

Effective July 1, 2017, new legislation allows for the reciprocal certification of SWaM certification to companies that are certified by the Small Business Administration (SBA) in specific certification programs and designations without requiring the company to complete the full SWaM application process. SBSD will be adjusting the certification process to allow business who have been certified […]

HBCU and ESOs now part of the SWaM Program

In FY17 there were two new designations that were introduced into the SWaM program that now count toward your aspirational goals: Employment Service Organizations (ESOs) – click here for more information. Historically Black Colleges and Universities (HBCUs) – click here for more information. These new designations were introduced in the FY17 annual SWaM plans.

Out-of-State Business Applying for Certification

Effective July 1, 2017, any out-of-state business applying for certification in Virginia as a small, women-owned, or minority-owned business must possess the equivalent certification in its home state as a prerequisite for approval.  For additional information SB1192 can be found on the legislative information system. Link to Summary and Bill History for SB1192:   […]

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