A small business that is at least 51% owned and controlled by one or more women who are U.S. citizens, with one or more women managing the company’s day-to-day operations and making its long-term business decisions. Under the U.S. Small Business Administration’s (SBA) Women-Owned Small Business (WOSB) Federal Contract Program, certified WOSBs may compete for contracts that are set aside in industries where women-owned businesses are underrepresented or substantially underrepresented. The program is intended to expand contracting opportunities and promote greater participation by women-owned businesses in the federal marketplace.
Women-Owned Small Business (WOSB)
A US small business at least 51% owned and run by women, able to compete for set-asides in industries where such businesses are underrepresented.
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Related Glossary Terms
The official compilation of permanent U.S. federal laws, providing the statutory basis for many contracting requirements.
A global classification system used to categorize products and services for procurement and spend analysis.
A unique 12-character identifier assigned via SAM.gov to organizations doing business with the federal government, replacing the DUNS number.
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