GBS In The News


Women-Owned Small Businesses Get an Extra Boost in 2013

Women-Owned Small Businesses Get an Extra Boost in 2013

Less than halfway through the year, 2013 already has brought promising opportunities for women small business owners. In January, President Obama signed into law a new provision that removed the $4 million and $6.5 million caps on federal contract awards in the Women Owned Small Business (WOSB) Federal Contracting program. The removal of the caps is a giant step forward for women business owners pursuing government contracts and agencies looking to do more with women-owned small businesses.

And on April 23, the Small Business Administration (SBA), Women Impacting Public Policy (WIPP) and American Express OPEN unveiled ChallengeHER – a national initiative aimed at boosting government contracting opportunities for women small business owners. By leveraging the resources from the SBA, WIPP and American Express OPEN, I am optimistic that ChallengeHER will give women business owners the knowledge and tools needed to compete in the government contracting marketplace and help empower the success of the WOSB program.




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