WOSB/EDWOSB New Rule Effective July 15 2020

The Small Business Administration (SBA) Final Rule on Women-Owned Small Business (WOSB) and Economically Disadvantaged Women-Owned Small Business (EDWOSB) Certification (the Final Rule) went into effect on July 15, 2020, with some provisions delayed until October 15, 2020.

In a nutshell, SBA will be purging the old WOSB database on or after July 15th and new uploads will be considered as “applications” under the new SBA certification process. Please note, that SBA will not be reviewing the docs until later and will not be issuing any actual certifications until after Oct 1.  A firm will have to re-upload their documents again. The existing ones will be gone.  Read more.