Women Owned Small Businesses - the government WANTS you!

Women Owned Small Businesses - the government WANTS you!

Are you ready?

There are many opportunities to do business with the government as a woman owned business. There are contract set-asides for these type of businesses as long as you have been properly identified by the government.

Just to name a few:

  • MBE (Minority Business Enterprise) - This is for women of color or culturally considered as a minority within the US.
  • WBE (Woman Business Enterprise) - This for women who do not fit the description above.
  • WOSB (Women-Owned Small Business) - contracts are for specific industries where WOSBs are underrepresented.
  • ?EDWOSB (Economically Disadvantaged Women-Owned Small Businesses) - Contracts are restricted further to economically disadvantaged women-owned small businesses (EDWOSBs), based on annual owners' income.

Many improvements have been established to allow for streamlined processes to get more women access to bid on these types of contracts.

WOSB and EDWOSB certification improvements

The certification process for Women-Owned Small Businesses (WOSBs) and Economically Disadvantaged WOSBs (EDWOSBs) changed in 2020. SBA implemented Congress’ changes to the WOSB Federal Contracting program, as put forth in the 2015 National Defense Authorization Act (NDAA).

These updated regulations make it easier for qualified small businesses to participate in the WOSB Federal Contracting program by improving the customer experience. At the same time, SBA is strengthening oversight and maintaining the integrity of the certification process.

The updated WOSB Federal Contracting program regulations were published in the?Federal Register?in May 2020. These regulations detail changes to the certification process.

With the updated WOSB Federal Contracting program regulations in effect:

  • SBA’s new, free online certification process for WOSBs and EDWOSBs is live at?beta.certify.sba.gov
  • SBA allows continued participation from businesses that utilize approved Third-Party Certifiers (TPCs) to obtain WOSB or EDWOSB certification
  • As of October 15, 2020, the previous self-certification option on the old?certify.sba.gov?platform is no longer available
  • If you had contracts through the WOSB Federal Contracting Program when the changes went into effect, you will remain certified through the duration of existing contracts (whether you were previously self-certified or?TPC-certified)
  • All WOSB firms need to take action in?beta.certify.sba.gov?in order to compete for WOSB Federal Contracting Program set-aside contracts?(based on specifics in the following sections based on your status)

Need more help?

Are you ready to get certified then pre-register for the?online course TODAY!

More questions - reach me by direct message.?

About the Author:?Michelle Lenore is the CEO of Michelle Lenore Enterprises & LENS Consulting Firm. Her groups help small businesses increase their revenue, develop their confidence and professional presence to win contracts in the public & private sector.

Sustaining leadership capacity through the integration of Leveraging LinkedIn & obtaining Government Certifications for the community.

Michelle Lenore Enterprises: https://michellelenore.com/

LENS Consulting Firm: https://lensconsultingfirm.com/

Forge Radio Show: https://fuburadio.com/expert-corner/forge-radio-show/

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