Ads 468x60px


SBA Program Aids Women-Owned Business

Women-owned small businesses are now able to participate in a new federal contracting program, the U.S. Small Business Administration (SBA) announced. The new Women-Owned Small Business (WOSB) Federal Contract Program will be fully implemented during the next several months, with the first contracts expected to be awarded by the fourth quarter of fiscal year 2011.
The WOSB Federal Contract Program will provide greater access to federal contracting opportunities for WOSBs and economically dis-advantaged women-owned small businesses (EDWOSBs). The program allows contracting officers, for the first time, to set aside specific contracts for certified WOSBs and EDWOSBs and will help federal agencies achieve the existing statutory goal of 5 % of federal contracting dollars to be awarded to WOSBs.
On Feb. 4, SBA released instructions on how to participate in the program, and launched a secure, online data repository for WOSBs to upload required documents, on its website:
SBA also released an application to become SBA-approved third-party certifier for this program. SBA welcomes comments and suggestions on the first version of the application.
Over the next several months, SBA encourages small business owners to review the program requirements and ensure their required documents are uploaded to the repository. WOSBs also will need to update their status in the Central Contractor Registration and the Online Representation and Certification Application to indicate to contracting officers that they are eligible to participate. The General Services Administration is currently updating these systems and they are expected to be completed in April 2011.
Similarly, the WOSB rule in the Federal Acquistion Regulation, which is the companion to the SBA rule, is now going through final review, and also expected to be issued in April. With these peices in place, SBA expects to see the first contracts awarded through the program by the all-important fourth quarter, when the largest percent of federal contracts are awarded.
Every firm that wishes to participate in the WOSB program must meet the eligibility requirements and either self-certify or obtain third-party certification. At this time, SBA has not approved any third-party certifiers. Regardless of their certification method , WOSBs must also upload required documents providing their eligibility to as secure online data repository developed and maintained by SBA.
To qualify as a WOSB, a firm must be at least 51% owned  and contralloed by one or more women, and primarily managed by one or more women. The women must be a US citizen and the firm must be considered "small" according to SBA size standards. To be deemed "economically dis-advantaged," a firms owner's must meet specific financial requriements set forth in the program regulations.

Published with Blogger-droid v1.6.8

No comments:

Post a Comment

We Love To Hear From Our Readers!


iNforma Nation's Center for Leadership & Community Engagement offers this sites Volunteer Opportunities List solely as a public service to the members of the community. The University and the Center for Leadership & Community Engagement makes NO REPRESENTATIONS OR RECOMMENDATIONS REGARDING THE AGENCIES AND ORGANIZATIONS LISTED. Unless expressly noted, the organizations listed are fully independent of the university. Further, iNforma Nation's Center for Leadership & Community Engagement ASSUME NO RESPONSIBILITY OR LIABILITY, for personal or property injuries resulting to the student, or for damages caused by the student, resulting from the student's participation in the activities of these organizations. The student should check with the agency to find out if it provides any insurance or liability coverage for its volunteers.


Community Resource Network ANNOUNCES Annoited Touch FUNDRAISING PROGRAM IN PARTNERSHIP WITH SOLES4SOULS™ Inc., THE SHOE CHARITY, Starting Feb 28, 2010—Fredericksburg Virginia.

Say Thanks

Buy Me A Coffee :) @

Gotta Be In It To Win It ($30,000)

Gotta Be In It To Win It ($30,000)
Text: SS2G To: 244326

About Me

My Photo
iNforma Nation Is A Portal Linking Consumers And Providers, Resource Centers And Agencies. Web-Based Resource, Referral, & Education Network For Educators, Consumers, Professionals, and Social Service Agencies!                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 

BRNM & Associates Virtual Resource Services is a virtual office support company providing professional support services to clients in the United States and around the globe.

Virtual office support is accomplished by utilizing the skills of a professional Virtual Assistant (VA). A Virtual Assistant is an independent contractor who provides administrative, accounting, creative or technical services from an off-site location. A professional VA assists their clients in many area of expertise all from the virtual assistant's own office on a contractual basis.

Google+ Badge

Popular Posts

Blog Archive

Free Blogger Templates

Whether you are a Ph.D. LCSW, GSW, MFT, or represent one of the many other professions in the field of social work, in time we will have a platform for you to do on-line training and seminars in webinar form, with promotion of your event. You will also be able to use this site to promote and sell your professional materials in conjunction with your training or seminar event. Check back to see updates to the pricing schedule for more information and details for this service.