The Benefits of Woman-Owned Small Business Certification
From the stamp of approval for the government contracting industry to the relationships built, becoming certified as a woman-owned small business (WOSB) has benefitted our company in many ways. Though JetCo Federal doesn’t rely on the certification to win new businesses, we know industry partners care that we have the certification. Here are some of the benefits we’ve experienced from getting certified as a woman-owned small business.
Stamp of Approval for Government Contracting
The women-owned small business (WOSB) program began in December of 2000 to help the federal government meet its goal of awarding at least 5% of all contracting dollars to women-owned small businesses. As a company that sells to the government, winning bids is an important part of our work, and as a woman-owned small business, we wanted to make sure we had access to these contracting dollars set aside for WOSBs.
Eligibility for these contracting dollars requires getting certified as a WOSB through a certification program. Our organization decided to go with the Women’s Business Enterprise National Council (WBENC) certification and now we have the government’s stamp of approval to bid on those contracts set aside for WOSBs.
Relationships Formed with Other WOSBs
Another benefit of getting certified as a WOSB is that it helps you find and form relationships with other woman-owned small businesses. The network of woman-owned small businesses is tight-knit. We’re thankful for those we’ve connected with and are even starting a quarterly WOSB highlight this month to shed a light on incredible WOSBs throughout the country.
Getting certified as a woman-owned small business may not be for everyone, but we’ve seen the benefits of certification help advance business goals. Here’s what our President, Sue Tellier, had to say about WOSB certification.
“WBENC certification gives a stamp of credibility to woman-owned small businesses, verifying the authenticity of the ‘woman-owned’ claim. This opens doors to new markets and new audiences within existing client relationships. We are proud of our proven capabilities and don’t rely on the WBENC logo to win business, yet we know savvy buyers and supplier diversity professionals care that we have it.”
Interested in learning more about how you can utilize our WOSB status as a supplier? Contact us for more information.