If you are a woman, residing in the United States and owning a small business company, it is advisable that you get some knowledge about the federal grants available for you to give a leg up to your venture. Considering the fact that women entrepreneurs are more efficient in going beyond the adversities to run a company, the US Government has declared a number of Women Owned Business Certification programs to support their growth and future prospect. Huge business opportunities are available to the eligible women owned small business firms who meet the eligibility criteria perfectly.
But the fact is you may not find specific business development program for the women owned businesses companies here. The popular minority business certification programs cover the Women-Owned Small Business companies as in the business market the women entrepreneurs are considered among the minorities. 8m Certification is one popular WOSB certification program conducted by the Small Business Administration (SBA) an independent agency of the US Government task to support and uplift the standard of small business companies. So, what are the eligibility criteria of this type of small business certification program!
Criteria vary with the type of program you are opting for. Normally, the applicant of 8(m) Certification must be a women US citizen and have major authority to the company. It is also essential to have at least 2 years of successful track record in order to prove your business potential. Apart from that, set of essential documents and papers must also be submitted to prove your clean legal standing. After verification and successful approval of the documents the authority will come for site verification to see if your personal and business status actually matches with what you have stated on papers.
Once your WOSB Certification application gets approved you need to come up with a formal business plan to get access of the federal contracts. This is the step where you get an opportunity to convince the Contracting officers about the eminence of your business. It is therefore advisable that you get a professional support to develop the business plan so that it gets all its elements to be considered as the most comprehensive one. However, contrary to the popular belief Women Owned Business Certification programs are not the direct funding process but you get opportunities to opt for all the essential resources needed to take your venture to the next level.
So, where and how to get the Women Owned Business Certification! You can visit the official site of Small Business Administration (SBA) to get complete information about the program. Alternatively, if you need assistance to go through the program, you can hire an online business consultant. A number of small business consultants are there to help the women entrepreneurs win WOSB certification and also to acquire a prospective business contract. So, if you are looking forward to take your business to the next level this is the right time to execute your strategies. All you need is a reliable business consultant to help your way.
Steven Brownn is a professional internet marketer. To know more about women owned businesses or 8m certification visit http://womanownedsmallbusiness.net
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