DETROIT, March 30, 2016 /PRNewswire/ -- The National Veteran Business Development Council (NVBDC) and Freddie Mac (OTCQB: FMCC) are joining forces to expand business opportunities for certified Service Disabled and Veteran Owned Businesses (SD/VOBs). Working together, NVBDC and Freddie Mac look to increase the pool of qualified SD/VOBs that are considered for contracting opportunities at Freddie Mac and help educate SD/VOBs on the steps needed to be successful.
"What we know is that those federal agencies and corporations that expand their diverse supplier bases to include SD/VOBs benefit in innovation, market share, and economic growth. The NVBDC is proud to work with Freddie Mac to increase the opportunities for our fellow Veteran Business Owners. With Freddie Mac including our SD/VOBs they are advancing their supplier diversity initiatives and will have a better opportunity to achieve their business objectives," said Keith King, NVBDC President.
The NVBDC is the leading independent third party organization certifying SD/VOBs in America. We salute Freddie Mac for recognizing the value of working with certified Veteran Businesses. "With Freddie Mac making this commitment to accept the NVBDC certification; they have ensured the integrity of their SD/VOB supplier base" said King.
"Freddie Mac is committed to a strong supplier diversity program and working with NVBDC will further enhance opportunities for certified Veteran Owned businesses. Over the past 22 years, we have awarded millions of dollars in contracts to qualified diverse vendors who maintain high quality standards, place a premium on customer service and are cost-competitive," said Jay Inouye, director of vendor and diversity management at Freddie Mac.
Many current members of the Armed Forces are transitioning out of the service every year and an estimated 10% of them will become business owners. By providing Veteran Owned Businesses with the opportunity to work with Freddie Mac as suppliers they are creating an opportunity for success and achievement of the American dream.