The new Women-Owned Small Business (WOSB) Federal Contract Program will begin awarding contracts this spring. Instructions and an application are available on the program’s web page.
“As we continue to look to small businesses to grow, create jobs and lead America into the future, women-owned businesses will play a key role,” said SBA Administrator Karen Mills.
“Federal contracts can provide women-owned small businesses with the oxygen they need to take their business to the next level,” she said.
“Oxygen is exactly what I am looking for in business these days,” said PWB past chair Nicole Goolsby, president of Rion Homes in Cornelius, N.C. “I think it is critical that businesses owned by women be identified and encouraged to participate in programs like this and I applaud the set-aside contract opportunities. Women-owned business can and will play a key role in our nation’s recovery, and the women I know in the building industry will make a difference.”
The SBA program allows government officials to set aside specific contracts for federally certified or economically disadvantaged WOSBs, working toward a statutory goal of 5% of federal contracting dollars being awarded to them.
To participate, firms must meet the eligibility requirements defined on the program website and upload the required documents proving their eligibility to SBA’s secure online data repository.
To qualify as a WOSB, a firm must be at least 51% owned, controlled and primarily managed by one or more women. The women must be U.S. citizens and the firm must be considered small according to SBA size standards. To be deemed “economically disadvantaged,” a firm’s owners must meet specific financial requirements set forth in the program regulations.
For more information, e-mail Carmel Nayman at NAHB, or call her at 800-368-5242 x8410.