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Select your industry below to reveal the average WOSB and EDWOSB sales for your industry as well as ED/WSOB + GSA Combination
| WOSB Average Sales this Industry | GSA Schedule Sales for a firm with an WOSB in this Industry | Synergy (Generally adding an WOSB to a GSA Creates More Sales than from the GSA Schedule Alone) | Synergy Ratio | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WOSB Industry Grouping | Total WOSB Federal Sales | Number of WOSB Firms | Average WOSB Sales | GSA Schedule Only Sales WOSB Firms | Number of WOSB Firms w/ GSA Schedule | Average WOSB Sales Directly from the GSA Schedule System | Total Federal Sales WOSB GSA Contract Holders | Number of WOSB Firms w/ GSA Schedule | Average Total WOSB Federal Sales for firms with a GSA Schedule | GSA Schedule Sales Advantage | |||
| EDWOSB Totals / Average | 10,235,720,046 | 4,266 | 2,399,372 | 1,654,601,729 | 945 | 1,750,901 | 6,411,396,359 | 945 | 6,784,546 | 2.8 | |||
| WOSB Totals / Average | 15,915,184,286 | 14,468 | 1,360,416 | 3,767,315,971 | 2,510 | 1,500,923 | 3,767,315,971 | 2,510 | 4,257,372 | 3.1 | |||
Navigate EDWOSB certification smoothly with our succinct checklist, ensuring all critical documents are prepared.
WOSB: Women-Owned Small Business
EDWOSB: Economically Disadvantaged Women-Owned Small Business; WOSBs whose owner and/or manager claims economic disadvantage
EDWOSB is a subset of WOSB. As such, if you qualify as an EDWOSB, you automatically qualify as a WOSB.
| Federal Sales | Number of Vendors | Average Sales per Firm | |
|---|---|---|---|
| WOSB | $22,311,410,226 | 14,772 | $1,510,385 |
| EDWOSB | $9,610,354,906 | 5,026 | $1,912,127 |
| WOSB JV | $1,077,138,337 | 369 | $2,919,074 |
| EDWOSB JV | $761,037,937 | 274 | $2,777,510 |
Any ladies-owned commercial enterprise that applies for WBENC or WOSB Certification can also concurrently observe for WOSB certification via WBENC.
The applicant corporation should be "small" in its number one enterprise according with SBA's length requirements for that enterprise, as recognized in thirteen CFR 127. Please view the list of NAICS and their length requirements for verification.
The applicant corporation should be at the least fifty-one percent (51%) unconditionally and without delay owned and managed through one or extra ladies who're U.S. citizens. Management and day by day operation should be managed through one or extra of the ladies proprietors.
The ladies proprietors should make long-time period choices for the commercial enterprise.
One of the standards underneath should additionally be authentic for CORPORATIONS ONLY:
Women should make up a majority of the Board of Directors OR have a majority of the Board votes via weighted vote casting.
Women should make up 51% of the vote casting electricity, take a seat down at the Board AND have sufficient vote casting electricity to triumph over any supermajority requirement.
WBENC makes use of an element method to make certain that the applicant corporation meets the WBENC WOSB Standards. This will encompass a radical evaluation of the documentation offered and a website goes to interview with the lady owner/s.
Please evaluation the WOSB Ready web page as a useful resource for necessities related to the program.
Two key dates for current and potential WOSB / EDWOSB firms.
᠅ July 15, 2020: EDWOSB and WOSB firms can no longer self-certify with the SBA. From this point forward firms applying for the ED/WOSB certification must undergo the SBAs more robust process.
᠅ October 15, 2020: EDWOSB and WOSB firms that utilized the SBA's self-certification process must submit a new application to the SBA or have it submitted through a third party vendor.
Reason for this Change
The SBA, as a result of the 2015 National Defense Authorization Act (NDAA), was required to remove the self-certify option for becoming EDWOSB or WOSB for small businesses owned and controlled by women.
To qualify as Women-owned, a business must be:
🗸 Considered "small" as defined by the relevant NAICS code
🗸 Be at least 51% directly owned and controlled by one or more women who are U.S. Citizens
EDWOSB In Addition to WOSB Requirements Above
🗸 To be deemed “Economically Disadvantaged”, owners must demonstrate economic disadvantage in accordance with the rule
| WOSB | EDWOSB | |
|---|---|---|
| Industries | NAICS code assigned to contract solicitation is in an industry in which WOSBs are substantially underrepresented (92 Industry Groups - 365 NAICS codes) | NAICS codes assigned to contract solicitation is in an industry in which WOSBs are underrepresented (21 industries - 80 NAICS codes) |
| Rule of Two | Contracting Officer has reasonable expectation that 2 or more | |
| Award Price | Contract must be awarded at fair market price | |
The SBA/VA offers four main certifications that provide preference. They are the 8(a) / SDB Certification, HUBZone Certification, SDVOSB Verification and the ED/WOSB Certification. As you can see from the graph below that small businesses competing in the federal marketplace with certification have gone from 65% market share in 2008 to 83% market share in 2018. Therefore a small business attempting to get into federal contracting without a certification is facing an uphill battle.
The WOSB Certification has become an increasingly useful tool for firms attempting to break into the 8a certification program.
In this landscape, WOSB certification can be the golden ticket to scaling your business to new heights. The U.S government is committed to awarding a certain percentage of federal contracts to women-o..
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