To all small businesses interested in submitting an offer on a solicitation that is set aside for Woman-Owned Small Business (WOSB) under the WOSB Program, you must have this certification before submitting the offer to the Federal Government.
The Small Business Associations’ WOSB program certifies that a company is at least 51% owned and controlled by a female U.S. citizen and meets the Small Business Size standards defined by the Federal Government. The purpose of the WOSB program is to ensure that women-owned small businesses have equal opportunity to federal contracting.
If you need support to submit documentation to the Women’s Business Enterprise (WBE) Certification through the Women’s Business Enterprise National Council (WBENC), the nation’s largest third-party certifier of the businesses owned and operated by women in the U.S., please contact us.
Some of these benefits are:
The federal government provides tax incentives to those who conduct business with minority and women-owned businesses. Additionally, tax liabilities are reduced for projects funded with federal or state grants or loans when the supplier is a women-owned business. Tax incentives may also be available in some states.
Diversified Suppliers to Provide Multiple Procurement Channels for Goods and Services
When partnering with a WBENC-certified business, you gain access to multiple channels for goods and services, which allows you to analyze factors and choose what options are the best fit for your company’s needs. Increasing your partnerships with WBENC-certified businesses gives you the added benefit of building relationships with suppliers’ alliances.
Innovation and Creativity
Smaller companies typically bring innovation and creative thinking to the table to stand out among their competitors. As a smaller company, we have the advantage of agility, making course corrections, and faster turn-around time if required while implementing innovative strategies to meet the needs of our clients.
Women’s Business Enterprise National Council WBENC aims to “foster diversity in the world of commerce. Diversity promotes innovation, opens new channels of revenue, and creates partnerships that provide opportunities that fuel the economy.”
For more information on obtaining WOSB / WBENC certification, contact us.
Michelle Burkes, Revolutionary Solutions, LLC.