wjr business beat

WJR Business Beat with Jeff Sloan: SBA Procurement Program for Women-Owned Businesses (Episode 88)

On this morning’s WJR Business Beat, Jeff shares recent Small Business Administration (SBA) news announcing a certification program that helps ensure that women-owned businesses are competing on a more level playing field with other companies applying for the same contracts.

The certification requirement applies only to those businesses wishing to compete for specific set aside or sole source contracts under the program and to those seeking to be awarded multiple contracts for pools reserved specifically for women under these programs.

Tune in to today’s WJR Business Beat to learn more:


StartupNation exclusive discounts and savings on Dell products and accessories: Learn more here

“Equality, diversity, opportunity, all values and principals that deserve the intense focus they are getting today. Our great society in America, the land of opportunity when it comes to the notion of starting and growing a business of your own and being your own boss, is an underlying tenant of American society and lifestyle that should and must apply to each of us equally.”

– Jeff Sloan

Tune in to News/Talk 760 AM WJR weekday mornings at 7:11 a.m. for the WJR Business Beat. Listeners outside of the Detroit area can listen live HERE.

Are you an entrepreneur with a great story to share? If so, contact us at [email protected] and we’ll feature you on an upcoming segment of the WJR Business Beat!

WJR Business Beat Transcript

Good morning!

Equality, diversity, opportunity, all values and principals that deserve the intense focus they are getting today. Our great society in America, the land of opportunity when it comes to the notion of starting and growing a business of your own and being your own boss, is an underlying tenant of American society and lifestyle that should and must apply to each of us equally.

And while we have lots of ground yet to cover, we are seeing signs of progress to ensure just that. Recently, the SBA, the Small Business Administration of America, announced that it is amending its regulations to implement a statutory requirement, to certify women own business concerns participating in the procurement program for women owned small business concerns.

The certification requirement applies only to those businesses wishing to compete for specific set aside or sole source contracts under the program and to those seeking to be awarded multiple contracts for pools reserved specifically for women under these programs.

Over 20 years ago, the federal government set a goal of awarding 5% of government contracts to small businesses owned by women. But that goal has been elusive until the year 2015, when it was finally met. Once certified, women owned businesses can search for federal contracting set aside specifically for women owned businesses.

This certification program helps ensure that small businesses owned by women are competing on a more level playing field with other companies applying for the same contracts. We applaud all such programs that drive to a true and greater level of equality in our great country. And certainly, we want to highlight the great work the SBA has done to give women an opportunity to qualify more equally for contracts under the federal government.

I’m Jeff Sloan, founder and CEO of StartupNation.com, and that’s today’s Business Beat on the Great Voice of the Great Lakes, WJR.

Total
0
Shares
Previous Article
B Corporation

Why a Certified B Corporation is the Secret to a Sustainable Business

Next Article

How to Grow Your Business Podcast: Episode 11

Related Posts
metaverse
Read More

A Beginner’s Guide to Business Success in the Metaverse 

There’s no hiding from it: The metaverse is coming, and it’s on track to disrupt the world of business as we know it. Championed by newly rebranded Meta (formerly Facebook), the metaverse will be a network of 3D, 360-degree immersive and interactive micro-worlds. These digital spaces are where we will buy products, consume media,  learn...
wjr business beat
Read More

WJR Business Beat: Top Marketing Channel in 2022? Email (Episode 351)

On today's Business Beat, Jeff Sloan talks about why small business marketers in 2022 believe that email is the top go-to channel to use. Tune in to the Business Beat below to learn more:   Tune in to News/Talk 760 AM WJR weekday mornings at 7:11 a.m. for the WJR Business Beat. Listeners outside of...
focus groups
Read More

Build on Metrics by Designing Effective Focus Groups

Click-through rates, purchasing history, engagement rates—such metrics are helpful, but for ultimate success as a brand, you need to get beyond the what of customer behavior and uncover the why.  Focus groups are one of the most effective ways to do that. They allow you to engage your customers in conversation and gain valuable qualitative...
marketing
Read More

Looking to Boost Sales? Adopt These Top 5 Marketing Tips

As we embark on a new year, developing efficient marketing strategies to drive sales is crucial for your business’ growth. Although consumer buying habits changed significantly over the past 18 months, new tools and approaches also emerged to address those changes in behavior and conquer new and existing challenges. Starting the year off strong will...