SCORE Small Business Blog

Finance: SBA Announces New Contract Opportunity for Women Business Owners

Women-Owned Small Business Federal Contracting Plan to Start Soon

I am traveling for the next several weeks and have limited access to the internet…who could imagine that? :-) I did want to share a a copy of a news release that may interest some of you.

SBA Announces Contracting Program For Women-Owned Small Businesses

First Contracts Expected to be awarded through WOSB Program

By Critical Fourth Quarter of Fiscal Year 2011

WASHINGTON – Women-owned small businesses can begin taking steps to participate in a new federal contracting program on Friday, Feb. 4, the U.S. Small Business Administration announced today. The new Women-Owned Small Business (WOSB) Federal Contract Program will be fully implemented over the next several months, with the first contracts expected to be awarded by the fourth quarter of fiscal year 2011.

“Implementing the Women-Owned Small Business contracting rule has been a top priority for the Obama Administration and SBA,” said Administrator Karen Mills.  “Women-owned businesses are one of the fastest growing sectors of the economy.  As we continue to look to small businesses to grow, create jobs and lead America into the future, women-owned businesses will play a key role.  That’s why providing them with all the tools necessary to compete for and win federal contracts is so important.  Federal contracts can provide women-owned small businesses with the oxygen they need to take their business to the next level.”

The WOSB Federal Contract Program will provide greater access to federal contracting opportunities for WOSBs and economically-disadvantaged 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 five percent of federal contracting dollars being awarded to WOSBs.

On Feb. 4, SBA will release instructions on how to participate in the program, as well as launch the secure, online data repository for WOSBs to upload required documents, on its website:  SBA will also release an application to become an SBA-approved third party certifier for this program on that date.  This will be the first version of the application.  SBA welcomes comments and suggestions on this first version of the application.

Steve BloomChapter Chair & Business Mentor, SCORE Atlanta
Steve Bloom started several business ventures in mortgage banking, real estate development and management, importing and business consulting. He has invested in several startups and has been retained by owners to assist in “turning around” businesses. | @stevebloom | More from Steve

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Discussion (3) Comment

  1. I appreciate your comments and do try to keep the readers up to date on all the SBA and government initiatives. There are many in the works and I’ll be sharing more in the future. Getting linked to Yahoo is out of my expertise, may be SCORE having 13000 volunteers and 380 plus offices interacting with thousands annually to assist small biz, may have something to do with it. :-) :-)
    Steve Bloom

  2. Wonderful blog! I found it while surfing around on Yahoo News. Do you have any tips on how to get listed in Yahoo News? I’ve been trying for a while but I never seem to get there! Many thanks

  3. FilVisitor

    Good day! I know this is kinda off topic but I’d figured I’d ask. Would you be interested in trading links or maybe guest authoring a blog post or vice-versa? My website discusses a lot of the same subjects as yours and I think we could greatly benefit from each other. If you are interested feel free to shoot me an e-mail. I look forward to hearing from you! Awesome blog by the way!


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