Veterans Business Resources

a portal for all Veterans and SDV Small Business Owners

Women/Veteran-Owned Small Businesses

There has been much discussion about the Women Owned Small Business Program and you can get even more information from the SBA’s site at:  http://www.sba.gov/content/women-owned-small-business-federal-contract-program.  We want to take this opportunity to share some key points with our members. 

The SBA has created a new designation, not only is there the WOSB, now there is also the EDWOSB or Economically Disadvantaged Women Owned Small Business.  This new designation also creates another set aside category.  This can be a good thing. 

The requirements for WOSB/EDWOSB status are now harder than before.  Not only must the women own 51% and manage the day to day operations; but, they must be full-time and hold the highest officer position in the company.  But, there is no minimum time to be in business.  This can be a good thing as well. 

There are NO SOLE SOURCE CONTRACTS for WOSBs/EDWOSBs. 

Until SBA determines an official certifier, this is still a self certification process.  You can upload required documents into the SBA repository at the SBA site above. 

Women Veterans; take advantage of this additional certification.  Go back and re-read last week’s Blog Post if necessary.  

See you on the high ground!  

Advertisements

Filed under: Registrations & Certifications, , , , ,