Helping women-owned small businesses pursue federal contract dollars is the topic of the next Paducah Area Chamber of Commerce webinar scheduled for Wednesday, December 16 at 9 a.m. This webinar will explain the new rules for Women Owned Small Business (WOSB) certification by the Small Business Administration (SBA).
The webinar will be broadcast via Zoom. To register, go to paducahchamber.org.
The purpose of the WOSB program is to ensure that women owned small businesses have equal opportunity to federal contracting. All business owners that wish to obtain this certification must undergo the new certification process – even if the business was certified as a WOSB under the previous rules.
The featured speaker is Carrie Willett, Senior Procurement Consultant, at the Kentucky Procurement Technical Assistance Center (KYPTAC). This webinar is part of a comprehensive training program designed to increase awareness of the certification and ultimately increase the number of certified Kentucky businesses.
“As the deactivation and remediation contractor for the U.S. Department of Energy’s Paducah site, Four Rivers Nuclear Partnership is committed to ensuring that small businesses are given preference in competing for our contracts,” said Cory Hicks, Business Services Director, FRNP. “With women-owned businesses representing approximately 42 percent of all businesses today, Four Rivers Nuclear Partnership’s is committed to providing greater opportunities for women-owned businesses in our region.”
In order to be considered to be a WOSB the company must:
- Be 51% controlled by one or more women, and primarily managed by one or more women.
- The women must be U.S. citizens.
- The firm must be “small” in its primary industry in accordance with SBA’s guidelines for that industry.
“For eligible business owners interested in government contracting, obtaining WOSB certification can be quite valuable, allowing them to compete for contracts set aside specifically for woman owned businesses. The SBA’s recent changes are significant, and the PTAC is here to help,” Willett said.