The Women-Owned Small Business (WOSB) program is an initiative by the Small Business Administration designed to provide preferential consideration for certain government contracts to eligible businesses. To qualify for this program, businesses must meet specific criteria: they must be classified as small businesses, be at least 51% owned and controlled by women who are U.S. citizens, and have women manage the day-to-day operations and make long-term strategic decisions.
This program aims to level the playing field for women entrepreneurs by giving them better access to government contracting opportunities. For detailed eligibility requirements and more in-depth information about the program, businesses can refer to Title 13, Part 127, Subpart B of the Code of Federal Regulations. This resource provides comprehensive guidelines and procedures for participating in the WOSB program, ensuring fairness and transparency in the process of allocating contracts to women-owned businesses.
