The business owner landscape has changed substantially over the last 20+ years. Women are starting more businesses, employing more workers, and generating more revenue than ever before. Beginning in 2011, a Small Business Administration ruling mandated that contracting officers set aside a certain amount of opportunities for certified women-owned small businesses (WOSBs). According to the U.S. Small Business Administration, a WOSB is defined as a “small business that is at least 51% directly and unconditionally owned and controlled by one or more women who are citizens of the United States.”
In 2013, a major improvement to the program was achieved with the removal of the dollar award caps on the WOSB set-aside program. However, the 5% goal is still not often met. If your agency is struggling to meet your WOSB set-aside goals each year, Contemporaries can help. We’re a highly experienced government vendor that can help you reach your WOSB goals for 2019. Call us at 301-565-0445 – we’re ready to help!