Women Owned Business
Looking for a community to have your back? You’re in luck. Twine is forming a community of women working for themselves. We show up for each other, helping everyone — no matter their background or aspirations — build a career they love. And, more importantly, we mobilize our collective power to change the culture of business.
"Here’s what women need to know about winning federal contracts."
Women business owners can compete for any type of federal government contracts, of course. However, there are some contract opportunities that only women-owned businesses are eligible. In order to help level the playing field in areas where women-owned businesses have historically been under-represented, the federal government sets aside a certain percentage of federal contracts for Women-Owned Small Businesses (WOSBs). In addition, there are some contracts that are limited to Economically Disadvantaged Women-Owned Small Businesses (EDWOSBs).
You have to get certified as a woman-owned business to be eligible to compete for these EDWOSB or WOSB set-asides. In addition to being at least 51 percent owned and controlled by women, your business must also meet size and other standards in order to be certified.
You can either self-certify at certify.SBA.gov or get certified through a third-party organization. There are four such organizations nationwide; the one you’ll choose depends on your geographic location.
Join The Team
Get the knowledge of becoming a brand and gain all the tools got doing business with the Government and get your share of over $700 Billion spent a year on services and products.
Knowledge Is Key
If you are a minority owned business position your company to go get the set-aside contracts your government has positioned for you to get.
Make Them See You
During the 2014 fiscal year, the U.S. government awarded 267,168 contracts to Woman Owned Businesses for approximately two billion dollars. The top contacts were awarded for professional services, medical and surgical supplies and administrative support.
Course Curriculums
- Zoom Meeting on Duns & SAM Registration Review 10/08/2021 (120:38)
- Zoom Meeting On Building Your Business Part 1 & 2- 10/15/2021 7PM (66:17)
- Zoom Meeting Government Contracting Certs & Set-Asides 10/22/2021 (83:56)
- Zoom Meeting Government Certs & Set-Asides 10/29/2021 (101:06)
- Zoom Meeting RFPs & Partnering With Larger Contractors 11/05/2021 (151:11)
- Zoom Meeting Follow-Up 12/04/2021 (93:38)
- Following The Money (7:43)
- Picking The Fruit In Your Own Back Yard (10:36)
- Federal Procurement Agency Forecast (19:25)
- NAICS & PSC Codes (31:48)
- Federal Procurement Data System and The Money (15:26)
- USA Spending And Your Plan To Get Some Of It (29:07)
Benefits of Being A Government Contractor
- Independence. Entrepreneurs are their own bosses. They make the decisions. They choose whom to do business with and what work they will do. They decide what hours to work, as well as what to pay and whether to take vacations. For many entrepreneurs the freedom to control their destiny is enough to outweigh the potential risks.
- Financial gain. Entrepreneurship offers a greater possibility of achieving significant financial rewards than working for someone else. Owning your own business removes the income restraint that exists in being someone else’s employee. Many entrepreneurs are inspired by the mega-millionaire entrepreneurs we see today, such as Steve Jobs, Elon Musk, Jeff Bezos, and Mark Zuckerberg.
- Control. It enables one to be involved in the total operation of the business, from concept to design to creation, from sales to business operations to customer response. This ability to be totally immersed in the business is very satisfying to entrepreneurs who are driven by passion and creativity and possess a “vision” of what they aim to achieve. This level of involvement allows the business owner to truly create something of their own.
- Prestige. It offers the status of being the person in charge. Some entrepreneurs are attracted to the idea of being the boss. In addition, though, there is the prestige and pride of ownership. When someone asks, “Who did this?” the entrepreneur can answer, “I did.”
- Equity. It gives an individual the opportunity to build equity, which can be kept, sold, or passed on to the next generation. It’s not uncommon for entrepreneurs to own multiple businesses throughout their life. They establish a company, run it for a while, and later sell it to someone else. The income from this sale can then be used to finance the next venture. If they’re not interested in selling the business, the goal may be to build something that can be passed down to their children to help ensure their financial future. One thing is sure: In order to fully reap the financial benefits of a business venture, you need to be the owner.
- Opportunity. Entrepreneurship creates an opportunity for a person to make a contribution. Most new entrepreneurs help the local economy. A few—through their innovations—contribute to society as a whole.
