How do I become a certified minority business in PA?
To qualify, your business must have at least 51% ownership by a minority, woman, or person with a disability. Find a certification agency. After receiving your certification, you can sign up for the Office of Economic Opportunity’s registry. To do this, complete the application online.
What is the difference between WBE and WOSB?
The WOSB program limits certified organizations to specific NAICS codes whereas the WBE usually does not. Additionally, some WBE certified companies have no requirements on size whereas WOSB requires that the company meets the size standard as defined by the SBA.
Is MBE the same as WBE?
The state’s certification program defines an MBE as “a business that is at least 51% owned and controlled by one or more minority persons” and defines a WBE as “a business that is at least 51% owned and controlled by a woman.” For both, the owner(s) controlling the business must also 1) “have the requisite expertise,” …
What is a small diverse business?
Diverse or disadvantaged small businesses fall into one or more of the following categories: minority-owned, women-owned, veteran-owned, LGBT-owned, service-disabled veteran-owned, disabled-owned, and/or historically underutilized business.
Is there an advantage to being a woman-owned business?
If you’re a female business owner, getting your business certified offers several benefits, including increasing your company’s visibility, gaining access to opportunities you might not otherwise have, and securing the chance to win corporate or government contracts.
How long is WOSB application?
about 1-2 weeks
As long as we have the necessary documents, including your SAM.gov registration, you can expect the WOSB certificate to come through in about 1-2 weeks after you’ve received your new WBE certificate.