WOSB (Woman owned small business)

What the WOSB Process Looks Like

Obtaining a Woman-Owned Small Business (WOSB) certification is a strategic step toward gaining access to a range of government contracting opportunities. The process begins with confirming that your business is at least 51% owned and controlled by one or more women. You will need to submit documentation such as corporate records, ownership and control information, financial statements, and possibly a personal background statement. Your application will then be reviewed by the certifying agency, typically the Small Business Administration (SBA) or an approved third-party certifier. This process may involve interviews, site visits, and additional requests for documents to verify eligibility. Once approved, you will receive your WOSB certification, which must be renewed periodically. It’s essential to keep records up to date to ensure continued compliance and to simplify the renewal process.

Why It’s a Must for Your Company

Achieving WOSB certification opens the door to a wide range of opportunities, especially within the federal government, which has specific goals for contracting with women-owned businesses. The certification provides you with access to set-aside contracts, where only women-owned businesses are eligible to compete. This can help level the playing field, giving you a significant advantage when bidding for government contracts. Additionally, WOSB certification boosts your business’s visibility and credibility, helping to build trust with potential clients, partners, and investors. Beyond government contracts, the WOSB designation offers networking, mentorship, and funding opportunities specifically for women entrepreneurs. Securing your WOSB certification isn’t just about expanding your business’s reach—it’s a powerful step toward driving growth, recognition, and long-term success in the marketplace.