Small Disadvantaged Business
Women Owned Small Business
US Government Subcontract Goals
The Small Business Act (15 U.S.C. 637(d)) imposes that any large business receiving a contract for more than $700K must submit a subcontracting plan that includes separate percentage goals for the utilization of small business, SDB’s, women- owned small businesses, HUBZone, veteran-owned and service-disabled veteran-owned small businesses to ensure they have the maximum opportunity to participate in contract performance. These requirements must also be imposed on subcontractors. Large business prime-contractors that fail to meet subcontracting plan goals will be subject to liquidated damages equal to the actual dollar amount by which the contractor failed to achieve each subcontracting goal.
Women's Business Enterprise National Council
Certification is the cornerstone of WBENC’s value proposition. The WBENC certification standard is the most relied upon certification of women-owned businesses. Certification is administered throughout the 50 United States, Puerto Rico, and the Virgin Islands by our 14 Regional Partner Organizations. The ongoing goal for WBENC certification is to be the most valued certification of women-owned, operated, and controlled businesses, which is recognized by public, private, non-profit and government entities