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At Last, a Women-Owned
Business Federal Contracting Set-Aside Program
In the midst of a sea of
millions of words dealing with every type of Federal government appropriation imaginable,
there appeared recently an almost unseen, unheard of and to-date unthinkable new
opportunity for woman-owned businesses. For the first time in Federal contracting history,
there now exists a set-aside program for woman-owned small businesses. CLICK HERE to see the new section of the Small Business Act that
establishes this new program. This means that certified woman-owned businesses can compete
against other woman-owned businesses, and be awarded their fair share of the $200 billion
in annual contracting dollars.
That's right, selected contracts of up to $5M for manufacturing and $3M for all other
services or products will be limited to competitions between or among two or more
woman-owned businesses,
but only if they meet a few simple conditions.
1. The business must be at least 51% owned by one or more women.
2. The qualifying women must be considered to be economically disadvantaged (i.e.
99.9% of all woman-owned business owners can easily pass this test).
3. The business must be determined to be a small business (i.e. 99.9% of all
woman-owned businesses are also characterized as small businesses).
The new law even provides for a waiver of the 51% and economic disadvantage provisions, if
the SBA determines that woman-owned businesses are material underrepresented in any
industry (again, its hard to think of an industry where women are not severely
underrepresented).
What's the catch? There may not be one, except that the participating businesses must be
certified by a Federal Agency or other certifying body that the SBA Administrator approves
and finds appropriate. Today, in the Federal government, there are only two certifications
that would qualify you for the new woman-set-aside program. These are the SDB and 8(a) BD
certifications.
EZCertify.com is your source for software and associated advisory services that makes
entree to either of these two programs a breeze
and when you're SDB or 8(a) BD
certified, guess what? You're now also qualified to be at the head of the line to get
contracts under the new woman-owned business set-aside program. Why? Because most other
woman-owned businesses have yet to discover this new opportunity.
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