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Programs That Help Women-Owned Businesses Get Ahead

President Obama has expanded the opportunities for Women-Owned Small Businesses (WOSB) by initiating the WOSB Federal Contract Program, an initiate that allows contracting officers to set-aside specific federal government contracts for eligible WOSBs and Economically Disadvantaged WOSBs (EDWOSBs).

In order to be eligible for these programs, the business must be operated, managed and controlled at least 51 percent by one or more women. Additionally, the WOSB owner must be a U.S. citizen and classified as a small business according to the SBA Standard Guidelines.

VERNITA NAYLOR

Full Story: http://www.openforum.com/articles/certification-programs-level-the-playing-field-for-women-owned-businesses/

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