December 25, 2024
Business

WASHINGTON: SBA TO IMPLEMENT PROGRAM FOR WOMEN OWNERS

The U.S. Small Business Administration has announced that it has concluded a study on necessary steps to implement a Women-Owned Small Business Contracting Program. The first step in the process will be to define eligibility requirements for being considered a woman-owned business, including items related to ownership, control and economic disadvantage. The agency also will undertake an industry-by-industry study to determine industries in which women owners are underrepresented. After a review of that study, a program to enhance ownership by women will be undertaken.


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