Companies have actually two options to qualify being a women-owned business that is smallWOSB) or economically-disadvantaged women-owned business (EDWOSB) beneath the WOSB Federal Contract Program (WOSB system). Businesses may self-certify or get yourself official certification from a single associated with the four 3rd party certifiers authorized by SBA. Please be encouraged any particular one is not beneficial within the other. A self-certification is free and a 3rd party official certification features a charge.
If you opt to self-certify, listed here five steps ought to be taken:
- Review the eligibility demands for a WOSB or EDWOSB. A business must be controlled by one or more women who are U.S. citizens through ownership and management in order to qualify as a WOSB. Ownership must certanly be direct rather than susceptible to any conditions. (suite…)