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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Casual drinks with the people who win federal business. Alongside AFCEA LA Space Industry Days.
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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