GSI REPORT: A PROMISE NOT KEPT: NEW JERSEY’S FAILURE TO SUPPORT VETERAN OWNED BUSINESSES
https://www.gardenstateinitiative.org/updates/vet-report
Why would they promise to help veterans then renege?
A new report from the Garden State Initiative and New Jersey State Veterans Chamber of Commerce uncovers that the State of New Jersey is failing to meet the requirements of a 2015 state law that sets aside a percentage of state procurement contracts for veteran owned businesses.
Since 2015, New Jersey has had a public law that sets aside 3% of its state contracting agencies’ budgets for Disabled Veteran Owned Businesses. However, according to research by the New Jersey State Veterans Chamber of Commerce, of the 72 state agencies that have procurement power, a mere few have awarded contracts to disabled-veteran-owned businesses, only two of 72 are enforcing the law and none are reporting their numbers as legally required.
“An independent study ranked New Jersey 49th out of 50 states for supporting veteran owned businesses,” stated GSI’s president Regina M. Egea. “This report shows there’s been a complete failure of state bureaucracy. We have a sacred obligation to support our veterans when they return home from military service and this report offers a path forward for our state to keep that commitment.”
https://www.gardenstateinitiative.org/updates/vet-report
Why would they promise to help veterans then renege?
A new report from the Garden State Initiative and New Jersey State Veterans Chamber of Commerce uncovers that the State of New Jersey is failing to meet the requirements of a 2015 state law that sets aside a percentage of state procurement contracts for veteran owned businesses.
Since 2015, New Jersey has had a public law that sets aside 3% of its state contracting agencies’ budgets for Disabled Veteran Owned Businesses. However, according to research by the New Jersey State Veterans Chamber of Commerce, of the 72 state agencies that have procurement power, a mere few have awarded contracts to disabled-veteran-owned businesses, only two of 72 are enforcing the law and none are reporting their numbers as legally required.
“An independent study ranked New Jersey 49th out of 50 states for supporting veteran owned businesses,” stated GSI’s president Regina M. Egea. “This report shows there’s been a complete failure of state bureaucracy. We have a sacred obligation to support our veterans when they return home from military service and this report offers a path forward for our state to keep that commitment.”
