WOSBs...good news from SBA! The annual update requirement for approved Woman-Owned Small Business (WOSB) firms has been repealed and removed from 13 CFR §127.400(a) effective May 30, 2023. WOSBs will now recertify every three (3) years instead of annually.
Firms Initially Certified with SBA: If the firm hasn't reached the three-year recertification mark, recertification is now three years from the date of the initial certification letter.
Firms Certified by the 8(a) Business Development Program, a Third-Party Certified Letter, a Center for Verification and Evaluation (CVE) Letter, or SBA Veteran Certification Program (VetCert) Letter: Recertification is now three years from the date identified as the anniversary or expiration date in the official SBA WOSB Program approval letter.
SBA will send email notifications beginning at the 120-day mark of each firm’s three-year certification anniversary. WOSB and EDWOSB firms may begin the recertification process at the 90-day mark prior to their recertification date.
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