Inspiration. Innovation. Imagination
Let Venturis be your Economically Disadvantaged Women-Owned Small Business (EDWOSB) of choice! Per program requirements, Venturis is certified as a WOSB and EDWOSB and looks forward to partnering with your agency to help meet your Contracting goals!
The Women-Owned Small Business (WOSB) Federal Contract Program provides equal access to federal contracting opportunities for WOSBs. To be an eligible WOSB, a company must be a small business that is at least 51% unconditionally and directly owned and controlled by one or more women who are U.S. citizens. The program has been informally known as the 8(m) Program. The SBA is charged with implementing and administering the program. Effective February 4, 2011, a FAR Rule clarified that contracting officers have the discretion to restrict a requirement to small business concerns. Additionally, the FAR Rule gives WOSB equal status to 8(a), HubZone, and SDVOSB.
Did You Know?
There are now 11.3 million women-owned businesses in the U.S., employing nearly 9 million people and generating over $1.6 trillion in revenues.
The number of women of color who have launched their own business has more than doubled since 2007, to nearly 5 million. They comprise fully 44% of all women-owned firms.
Since 2007, there have been 1,072 net new women-owned firms launched each and every day.
Women-owned businesses now comprise 38% of the business population, employ 8% of the country’s private sector workforce and contribute 4% of the nation’s business revenues.
The program allows contracting officers to set aside specific federal contracts for certified WOSBs and or EDWOSBs.
WOSB Program Benefits
No SBA Justification and Approval Required
Compliant with Various Acquisitions Types
No Term Limits or Award Size Caps
No Cumbersome Documentation Required in Contract File