The Women Owned Small Business (WOSB) Certification helps small businesses find opportunities with government contracting that they wouldn’t have been able to obtain on their own.
As part of the set-aside program, whenever a contracting sale is made that is over $3,000 but under $150,000 a portion is set aside for small business groups like those within the WOSB Certification.
WOSB Certifications were created in 2011 in order to help WOSBs expand to industries they were actively able to compete for bid opportunities with the federal government. For underrepresented businesses, the WOSB Certification is a life changing opportunity that can give them the boost they need in order to grow their business.
As of FY 2016 certified WOSBs are also eligible to receive sole-source contracts. Which means that only your company can bid on opportunities, rather than having to compete with others under the same contract. Sole-source contracts have a limit of $4 million for goods and services and $6.5 million for manufacturing.
In order to be eligible for the WOSB Certification, your business must check off all of these requirements:
- Meets the small business size standard for the North American Industry Classification System (NAICS) code
- Is at least 51% owned by women who are U.S. citizens
- Is managed by women
- A woman holds the highest officer position
- A woman makes the long-term decisions for the business
- The same woman works at the business full-time during normal working hours
- There is no minimum amount of time for the business to be operational
Looking for advice on whether your business is eligible for a WOSB Certification? Our team is ready to answer any and all of your questions. Applying for small business certifications can be a complicated process, but you don’t have to do it alone. We’ll make sure you know where your business stands and what certification is best for you.
Interested in Applying for WOSB Certification? We Can Help
We’ve been helping clients manage their relationships with the government since 1990. Your team won’t have to worry about paperwork, negotiations or confusing government language. At Government Contract Services, we take care of the hard work for you.
Our team guides clients to successful GSA schedules in a wide variety of industries. Have questions? We’ve got answers. We can help your team better understand the process of selling to the government with our resources.
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