| Women Owned Business 8a Certification |
|
THE WOSB, EDWOSB AND 8(a) CERTIFICATION PROGRAMS – WOMEN NOW HAVE CHOICES By now, you should be aware that the SBA has made significant progress in implementing the long awaited Women-Owned Small Business (WOSB) Program. Coincidently, the SBA has also implemented the proposed changes to the 8(a) Business Development Program. WOMEN BUSINESS OWNERS CAN BE 8a CERTIFIED - YOU CAN NOW BE CERTAIN OF IT BEFORE YOU APPLY By almost any measure, women-owned businesses are on the move, growing in total numbers faster than any other demographic sector, expanding in their diversity, well beyond the classical women-centric business niches, and achieving sales revenues that would even make Jack Welch envious. WOMEN OWNED BUSINESSES - WHY DON'T THEY GET IT? The failure rate among women business owners applying to be 8(a) certified is a national disgrace, exceeding 90%. Although the reasons for denial vary widely from applicant to applicant, the one reason that appears in virtually every letter from the SBA reads, "It has been determined that you, the individual upon whom eligibility is based are not socially disadvantaged due to your gender". |
Frequently Asked Questions
There is a great deal of misinformation about Women Owned Businesses and 8a Certification. See answers to some of the questions that women business owners commonly ask our consultants.
Read More ›