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Get a Piece of a $5 Billion Pie Comments

  • By DailyWorth Team
  • February 28, 2012

Slice of Pie

Women-owned businesses employ more than 7 million workers, generate more than $1 trillion in yearly revenue, and are growing at more than twice the rate of businesses overall. Clearly, we rock.

That’s why the White House introduced the Women-Owned Small Business Federal Contract Program (WOSB) last year, to guarantee female-owned businesses equal access to federal contracts.

Right now, at least 23% of government contracts are supposed to go to small businesses—that’s about $100 billion.

The mission of this new program is to ensure that at least 5% of that goes to businesses owned by women. That means there’s $5 billion in government money available to people like you. 

So far, more than 8,500 women-run businesses have taken steps to be a part of this program. To join them, check out the WOSB page on the on the Small Business Administration (SBA) website.

Seize the moment. Have you worked with the SBA?

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A (Two) Case Study of SBA Loans

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