According to a survey by American Express, 40% of US businesses are owned by women. Yet women-owned businesses landed only 4.75% of the total 25% of federal contracts dedicated to small businesses in 2018.
Here, we give you a low-down on everything you need to know about WBE certification:
What is WBE certification?
Women's Business Enterprise National Council (WBENC) started this certification program to create an industry standard for women-owned and managed businesses in the United States. It acts as an effective marketing tool for these enterprises, especially in landing federal contracts.
What are the eligibility criteria for a WBE certification?
To be eligible for a WBE certification
, you must fulfill the following checklist:
- Your enterprise must be a for-profit business in the United States.
- Women should hold 51% or more ownership, management, and control.
- The women owners must be legal residents of the United States.
How does the certification process work?
The certification process involves several steps, which can vary state to state. Not to worry though, Government Acquisitions is here to help you through the whole process. We ensure that you have all the necessary requirements, and documents prior to submitting the application to ensure you are eligible and that you will get approved!
Why should you get a WBE certification?
It can open up several doors for your business, such as:
- Access to loans:
Once you have WBE certification, organizations like Women’s Business Development Center or Small Business Development Company can help you get small business administration loans.
- Enhanced networking opportunities: You can join several workshops and training programs to improve your strategizing and management skills.
- Access to advanced database:
WBE-certified businesses can access major corporations’ databases to find new customers and clients. It helps you improve your bidding strategy. You can also use the Women-owned logo on your business stationery for increased credibility.
About Government Acquisition Services
If you want assistance in getting the WBE certification, Government Acquisition Services should be your one-stop destination. We have highly qualified consultants with over ten years of experience who will help you navigate the government registration process. Our services include SAM registration, MBE certification
, DOT certification, FEMA certification
. You can reach out to us at 1-800-799-3942 to know more. You can also fill our online registration form
.