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Earlier this week, ChallengeHER—which assists women in federal contracting—announced that the SBA’s new Certification Website is open and functional for WOSB Procurement Program Participants. This new site allows users to certify their business, fill out WOSB and EDWOSB applications, submit questions/feedback online and more. The SBA also released a webinar that walks you through the process of using the site.
For busy women entrepreneurs who don’t have enough hours in the day, the SBA’s new site will provide much-needed convenience. By being able to quickly complete certification and WOSB processes, these business owners can focus their time and energy on making their businesses a success while also competing for federal contracts.
The Small Business Administration’s (SBA) Women-Owned Small Business (WOSB) Program allows Federal contracting officers to limit competition for Federal contracts to qualified Women-Owned Small Businesses (WOSBs) or Economically Disadvantaged Women-Owned Small Businesses (EDWOSBs), in select industries.
The WOSB Program is an invaluable resource to women entrepreneurs, providing them with the pivotal business opportunity to secure a government contract. Last year, the program made headlines after Congress granted it sole source authority that officially permits contracting officers to directly award federal contracts to women-owned businesses without having to complete the previous lengthy process.
The program once again displayed its value to women professionals when it announced in March that for the first time ever, the federal government surpassed its five percent women’s contracting goal, presently awarding 5.05 percent or $17.8 billion of federal small business contracts to women-owned small businesses.