Recently, the SBA has stepped in and made some important changes to the WOSB & EDWOSB certifications. This process has now been taken over by the SBA for certification applications, thus making the process more efficient. As of May, 2020, the previous self-certification is no longer valid. Company’s must now go through the formal certification process to become verified ED/WOSB firms.
The WOSB certification is industry-specific to industries that are typically underrepresented by female-dominant ownership. By getting your business certified, you eliminate a large majority of your competition, and can now be eligible for contracts. federal spending goals, and subcontracting goals that are specifically set aside for woman-owned businesses.
Be a small business as classified by the SBA size standards under your company’s primary NAICS.
QUALIFYING NAICS CODE
Since this certification is for industries that are underrepresented by women business owners, there are only certain industries, determined by NAICS codes, that qualify. The easiest way to ensure your business falls into one of these industries is to contact us for a eligibility call.
The business must be 51% or more owned by a woman, or women who make up at least 51% ownership.
The qualifying female owner(s) must have direct control of the business, day-to-day operations, and management decisions.
ECONOMICALLY DISADVANTAGED STATUS
If qualified with all the above to be a WOSB, EDWOSB applicant must additionally meet these requirements:
With over 15 years in experience processing WOSB & EDWOSB certifications, and an entire processing team dedicated to just this, The Reg Group has a vast depth of knowledge in completing the veteran certifications and process it takes to become a certified business. We expedite certifications with efficiency. Our team has seen it all, and knows exactly how your documents need to be formatted, what obstacles to overcome, and what to expect once we’ve submitted your application.
The Registrations Group is ready to begin your WOSB or EDWOSB certification today! Give us a call to confirm your eligibility to become certified, and get started now. Once you are certified we offer all of our certified businesses a free Capabilities Statement to showcase your certification, business and core competencies to both the government buyers and prime contractors.