Economically Disadvantaged Women-Owned Small Business (EDWOSB) certification is for WOSBs owned by women who meet additional economic disadvantage thresholds. EDWOSB provides access to more set-aside industries than WOSB alone.
To qualify, the woman owner(s) must have personal net worth under $850,000 (excluding primary residence and business equity), adjusted gross income under $400,000 averaged over 3 years, and total assets under $6.5 million.
EDWOSB certification provides access to set-asides in more NAICS codes than WOSB. While WOSB is limited to underrepresented industries, EDWOSB can access both underrepresented and substantially underrepresented industries.
Yes, if you exceed the economic thresholds but still meet WOSB requirements, you can maintain WOSB certification. You should update your certification status when your financial situation changes.