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Feb 11 2020

SBA's Woman-Owned Small Business Certification Can Help Your Small Business Compete In The Federal Marketplace!


Rhode Island District Office  - February 10, 2020

u s small business administration
Women Owned Small Business Certification Information Session

When

Wednesday, February 12, 2020
9:30–11:30am EST

Where

Center for Women & Enterprise
132 George M. Cohan Blvd. 
Providence, Rhode Island 02903

Description

Are you a woman owned mall business interested in selling to the federal government? The U.S. Small Business Administration (SBA) Can Help! To help provide a level playing field for women business owners in industries where they have been historically underrepresented, the federal government limits competition for certain contracts to businesses that participate in the women’s contracting program. This free workshop, presented by a member of the local SBA team, will explain that program – known as the Women-Owned Small Business (WOSB) Federal Contracting Certification Program -- and how that certification can help your small business grow.

This overview presentation covers:

  • The WOSB Program’s purposes and benefits – i.e., why you should be interested
  • Considerations for deciding if certification is appropriate for you, including the industries/NAICS codes included in the program
  • Eligibility requirements for certification
  • How to become certified
  • Tips for getting the most out of the WOSB certification

Learn more about the Women-Owned small business certification below and click the link to register. 

Register

Program benefits

To help provide a level playing field for women business owners, the government limits competition for certain contracts to businesses that participate in the women’s contracting program.

These contracts are for industries where women-owned small businesses (WOSB) are underrepresented. Some contracts are restricted further to economically disadvantaged women-owned small businesses (EDWOSB). The SBA maintains a list of those eligible industries and their NAICS codes.

Joining the women’s contracting program makes your business eligible to compete for federal contracts set aside for the program. You can still compete for contract awards under other socio-economic programs you qualify for.

Program qualifications

To be eligible for the women’s contracting program, your business must:

  • Be a small business
  • Be at least 51% owned and controlled by women who are U.S. citizens
  • Have women manage day-to-day operations and also make long-term decisions

To qualify as an economically disadvantaged business within the women’s contracting program, your business must:

  • Meet all the requirements of the women’s contracting program
  • Be owned and controlled by one or more women, each with a personal net worth less than $750,000
  • Be owned and controlled by one or more women, each with $350,000 or less in adjusted gross income averaged over the previous three years
  • Be owned and controlled by one or more women, each $6 million or less in personal assets

The eligibility requirements to qualify as a WOSB or an EDWOSB are fully defined in Title 13 Part 127 Subpart B of the Code of Federal Regulations (CFR). You can also get a preliminary assessment of whether you qualify at the SBA’s Certify website.