The Women-Owned Small Business (WOSB) Federal Contract Program is one of the newest Small Business Administration’s set aside programs within the American government.  Created in 2011, the goal of the program is to expand Federal contracting opportunities to WOSB which historically has been withheld.  In addition to the WOSB, the program also includes th the Economically Disadvantaged WOSBs (EDWOSBs) for the purposes of competing for and receiving contracts and awards in industries where WOSB are unrepresented.

A few requirements instituted for women-owned companies to qualify for the program include the following:

  • Company must meet small business size standard for primary NAICS code and contract
  • 51% owned and operated by a woman or women who are US citizens
  • Personal net worth must be less than $750,000 (for more information visit the WOSB website)
  • Adjusted gross income averaged over three years is $350,000 or less (for more information visit the WOSB website)
  • Fair market value of all assets is $6 million or less (for more information visit the WOSB website)
  • Company must be certified by SBA approved third party certifying organizations including
    • El Paso Hispanic Chamber of Commerce
    • National Women Business Owners Corporation
    • US Women’s Chamber of Commerce
    • Women’s Business Enterprise National Council
  • In addition women-owned businesses that are certified through the8(a) Business Development Program may follow steps to be recognized as a WOSB

If you are interested in participating in the WOSB program, learn more about the 4 step certification process HERE