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Showing posts with the label woman-owned business

DBE Application “Tripwires”

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Have you ever heard of DBE and DMWBD? DBE stands for Disadvantaged Business Enterprise. The DBE program is designed to remedy ongoing discrimination and the continuing effects of past discrimination in federally-assisted highway, transit, airport, and highway safety financial assistance transportation contracting markets nationwide. The primary remedial goal and objective of the DBE program is to level the playing field by providing small businesses owned and controlled by socially and economically disadvantaged individuals a fair opportunity to compete for federally funded transportation contracts. DMWBD is the abbreviation of the Department of Minority and Women's Business Development.

SBA Hosts Weekly Office Hours Webinars on Women-Owned Small Business Federal Contract Program

WASHINGTON – Women business owners are invited to learn more about increasing opportunities for women entrepreneurs in the federal contracting arena through free Office Hours Webinars hosted by the U.S. Small Business Administration each Tuesday and Thursday through June 26 at 2 p.m. ET. SBA’s Women-Owned Small Business Federal Contract Program presents an opportunity for small businesses to increase their presence in the federal marketplace. The federal government is the biggest buyer in the world and is a must-have customer for women-owned companies. The hour-long webinars will be led by SBA officials, and will help to answer questions and give valuable insight to women entrepreneurs on doing business in the federal marketplace. WHAT: SBA Office Hours Webinars on Women-Owned Small Business Federal Contract Program WHEN: May 13 – June 26, 2014, each Tuesday and Thursday: • Tuesday, May 13th, 20th, 27th, June 3rd, June 10th, June 17th, and June 24th • Thursday, May 15th, 22nd...

SBA Finalizes Rule Adopting Changes to Contracting Program for Women-Owned Small Businesses

WASHINGTON –An interim final rule published in the Federal Register and effective immediately will amend regulations to the U.S. Small Business Administration’s Women-Owned Small Business Federal Contract Program allowing for greater access to federal contracting opportunities for women-owned businesses as a result of the National Defense Authorization Act of 2013 (NDAA) signed in January. The interim final rule removes the anticipated award price of the contract thresholds for women-owned small businesses (WOSB) and economically disadvantaged women-owned small businesses (EDWOSB) to allow them greater access to federal contracting opportunities without limitations to the size of the contract. The rule can be accessed HERE and comments can be submitted on or before June 6, 2013, at www.regulations.gov , identified by the following RIN number: RIN 3245-AG55. As a result of the rule change, contracting officers will be able to set aside specific contracts for certified WOSBs and ...

NYS SBDC Technology Company of the Year: Mary Carol Chruscicki & Pat Baskinger, AgileX

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From the Mohawk Valley SBDC Mary Carol (“MC”) Chruscicki and Pat Baskinger, became unemployed in the spring 2011 when the Northrop Grumman office in Rome closed. Rather than collect unemployment, they decided to open Agile-X, a business that provides very specialized services relating to hardware, software and communication systems. AgileX principal investigators are experienced leaders in the research and development of secure information and communication capabilities for airborne, maritime and ground platforms from concept through operational deployment in theater. AgileX experience and toolset enables the analysis of alternatives and the impact assessment of the technologies and architectures on mission effectiveness and mission assurance. The clients worked closely with Air Force Research Laboratory in Rome to develop mobile networking technology to equip planes deployed to Iraq and Afghanistan. AgileX works closely with its partners to build quality components and systems for ...

NYS SBDC Female Entrepreneur of the Year: Melissa Wawrzonek, Clipper Ship Tea Company

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from the Farmingdale SBDC While sailing aboard oil tankers in the United States Merchant Marines, Melissa Wawrzonek began planning for a career after she retired from the sea. She decided to translate her love of tea and passion for traveling into a business. To prepare herself, Melissa studied all she could about tea and visited tea producing countries such as India, Sri Lanka, Taiwan, China and Japan. She completed a 3-year certification course through the Specialty Tea Institute (STI), which certified her as a Tea Specialist and Tea Educator & Speaker. In 2010, with certifications in hand and start-up funds in the bank, Melissa retired from the Merchant Marines. During the summer of 2010, she consulted the Farmingdale SBDC for assistance in finalizing a business plan and leased a 1200 square foot retail space in Northport Village. Melissa and her family completed a restoration of the 110 year commercial space, with original tin ceilings and tin walls, a hotel concierge de...

NYS Minority/Woman Business Enterprise Certification Just Got Easier!!

Empire State Development, New York City Small Business Services and the Port Authority of New York and New Jersey have joined up to make the certification process even easier. One application to submit for all three MWBE certification programs. Complete instructions are included in the Standard Application . If you are currently certified as an MBE, WBE, MWBE, DBE or are part of the Federal 8(a) Business Development Programs you may be able to use the Fast Track Certification Applications . 2012 Incentives for MWBE Growth New MWBE Regulations New York State Contract Reporter is New York’s official publication of state procurement opportunities from state agencies, public authorities and public benefit corporations. Check out the website .

MWBEs getting bonded to help win more state contracts

Gov. Andrew Cuomo has unveiled a new program to eliminate some of the challenges minority and women-owned businesses face when bidding for state contracts. Cuomo's program, launched Feb. 21, provides MWBEs and small businesses with surety bond assistance. Surety bonds, or letters of credit from insurance companies, act as promises the insurance companies will cover a specific amount of a contract cost, should contractual obligations go unmet. Two A-plus rated surety bond companies, Travelers and ACE, are taking part in Cuomo's program, ensuring companies contracting to MWBEs up to 30 percent of the principle contract cost. In addition to surety bonds, New York state is collaborating with intermediary lenders to create more working capital loans for contractors. Cuomo says entrepreneurship, innovation and diversity are New York's strength. More HERE .

Developmen​ts in Women-owne​d Business, 1997-2007

The years from 1997 to 2007 were a dynamic period in the U.S. economy. The strong growth early in this period was arrested by the recession of 2000-2001; strong economic growth resumed in 2002-2007. The data reflect an economy moving out of a recession and ending on a high note in 2007. How did women and other small business owners fare during this 10-year period between 1997 and 2007? The primary goal of this report [PDF] is to place gender in a broader perspective. Business ownership no longer can be analyzed simply on the basis of the owner’s gender; businesses owned by women and men more and more share the same general development patterns. Moreover, the strong growth of publicly held firms, which cannot be identified by the demographic characteristics of their many owners, has led to the need to focus on both privately owned and publicly held firms. The research summary can be found HERE . Should you need further information, please feel free to contact Joe Johnson at (202)...

Leveling the Federal Contracting Playing Field – The Woman-Owned Small Business Program Explained

In an effort to create a more level contracting playing field for women-owned small businesses, in late 2010, the SBA announced a rule that would implement the long-awaited Woman-Owned Small Business contracting program. So what is the WOSB Program and how can you take advantage of it? Here’s what you need to know and the steps you need to take to get your business certified to participate. Read More .

Contracting for Women-Owned Small Businesses

WASHINGTON – Are you a woman business owner seeking federal contracts? The U.S. Small Business Administration’s March web chat will focus on a new Women-Owned Small Business (WOSB) federal contract program aimed at bringing more WOSBs into the federal contracting arena. Federal contracts can provide women entrepreneurs with the oxygen they need to take their business to the next level. Celebrate Women’s History Month and visit http://go.usa.gov/4BV to get information about the new contract program. WHO: Michele Chang, senior Advisor in the Office of Government Contracting and Business Development at the SBA, will host the March web chat on “SBA’s New Federal Contract Program for Women.” WHAT: SBA’s web chat series provides small business owners with an opportunity to discuss relevant business issues online with experts, industry leaders and successful entrepreneurs. Chat participants have direct, real-time access to the web chats via questions they submit online in advance, and du...

Minority and Women's Business Development Certification

A couple years ago, someone from Empire State Development came to our offices, asking us to help them in the process of getting businesses certified as minority- and/or women-owned. Someone (probably me) asked what the turnaround was, and we were told it was 8 to 10 months. Yikes. At the NYS SBDC staff training a couple months ago, the same question came up, and we heard that the processing time was half the time it used to be, with even more improvements expected, thanks to the efforts of the Lieutenant Governor's office. Here's the application . The things I found most encouraging is the fact that applications from other entities, such as Port Authority, are now being accepted by ESD. Here's the applicable legislation and a website with more information .