Posts Tagged ‘women-owned business’

New SBA Contract Set Aside Program for Women Business Owners

Karen Mills speaks while Barack Obama looks on

Image via Wikipedia

After a long struggle, on February 4, 2011, the federal government Small Business Administration (SBA) opened the doors on a program to allow contracting officers to set aside certain federal contracts for women-owned small businesses (WOSBs) in 83 industries. The government has a goal of 5% of contracts to be awarded to WOSBs and economically disadvantaged women-owned small businesses (EDWOSBs)… read more

Women Entrepreneurs $3 trillion Strong

woman entrepreneur

According to a recent study by the Center for Women’s Business Research (Oct. 2009), US women-owned firms generate $3 trillion in revenue annually.  This equates to more than 23 million jobs, or 16 percent of all US jobs!  To get an idea of the magnitude of this, if US based women-owned businesses were their own country, they would have the 5th largest GDP in the world!  Think about that–that is larger than France, UK and Italy.

What does this mean?  It means that… read more

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