There are some states that combine their Women-Owned Businesses Programs with their Minority Business Enterprise. These programs are often called the DBE or WMBE program. This is not to be confused with the Department of Transportations (DOT)-run Disadvantaged Business Enterprises (DBE) program.
The WBE Certification typically gives a business additional preference when bidding on a State or Local Municipality Contract. The WBE for contracts in some states can provide as much as a 10 -25% advantage when bidding on a contract.
WBE | |
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Ownership & Control | At least 51% of the enterprise must be owned and controlled by a woman. |
Qualifying Owner’s Personal Net Worth Limit | Net worth requirements vary depending upon each state. |
Size Standards | Vary State by State but generally must be a small business (see below) |
Type of Business | Any for-profit business that is independent working as either a primary or subcontractor. |
Type of Contract | Per contract basis, varying degree of advantage given |
Who can apply | Woman |
On-site Inspection | Required for most in-state located firms |
Years in business required to apply | Many states the business must only be active, other states have one and 2-year requirements. |
Franchise Eligibility | Franchises are ineligible for this program |
*Only $1000 when combined with 8(a) Certification