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The U.S. Small Business Administration (SBA) has greatly simplified the certification process for its Women-Owned Small Business (WOSB) Federal Contract Program.
The WOSB program levels the playing field for women-owned companies to compete for and win Federal contracts. The program an be utilized for contracts of up to $5 million for manufacturing and $3 million in other sectors.
Participating companies must be 51% owned by women who are U.S. citizens; a woman must hold the highest officer position and work full-time at the company; and long-term decisions for the company must be made by the women owner/officer. Applicants can self-certify and receive assistance from an AZSBDC Center. (See AZSBDC website for locations.)
Good news: The new program has no minimum time that the business has been operational, which makes new and emerging companies also eligible for WOSB certified status.
Learn more about the program and view the SBA presentation HERE.
Read the Federal contract regulations HERE
Certification opens the door to a lot of opportunity. Certification has never been easier. Explore the possibilities today.