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.
More Robust ED/WOSB Process
The current ED/WOSB process has been replaced with a more robust certification process operated directly by the SBA. The changes the SBA has implemented to the procurement program are as follows: