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.