In 2017, the government awarded a record high $25.4 billion in federal contracts to women-owned businesses. However, that $25.4 billion accounts for only 5 percent of the $508.4 billion in federal contracts awarded that year (from USAspending.gov )
This increase in awards is just the tip of an iceberg containing benefits, capital grants, mentor/guidance programs, and thousands more resources specifically intended for women entrepreneurs.
A women-owned small business (aka “WOB” or “WOSB”) certification allows women (and economically disadvantaged women owned businesses (EDWOSB)) to gain access to valuable resources designed to assist the WOSB in operating, growing and thriving.
To qualify as a women-owned small business, or WOSB, your business must meet the following requirements:
If your business falls into this criteria and you haven’t explored WOSB Certification, CALL Calabrese Legal Services NOW to take advantage of the thousands of benefits available to your business.
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