Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is WBE Certification?

0
10 Posted

What is WBE Certification?

0
10

WBE Certification stands for Woman Business Enterprise and denotes that a woman (or women) has majority ownership and control of a business entity. The NWBOC WBE Certification Program is not an endorsement of applicants goods, services, pricing, or profitability. Why is WBE Certification Important? Obtaining WBE Certification is an important business development strategy for women business owners for two primary reasons: First, most local and national government purchasing agencies track and/or have programs for doing business with women business owners. Having WBE Certification is the only way the purchasing agents have confidence that a business representing itself as woman-owned is, in fact, woman-owned and controlled. Second, many publicly-held corporations, as well as larger private corporations, also track and have programs for doing business with women-owned vendor companies. They, too, rely on WBE Certification. Currently, the 5% federal goal was established in 2000 with the Wo

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123