Women in Business Tip: Do Women Entrepreneurs Still Need Set-Asides? - Forum.web.com
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Women in Business Tip: Do Women Entrepreneurs Still Need Set-Asides?
Celebrating the American Dream

Are set-asides in federal and state government contracts still needed? If you’re a minority woman business owner, your answer is most likely yes. However, according to a study by the Washington State Department of Transportation, white women are awarded enough contracts that they could now be excluded from the state’s list of minority-owned businesses and are no longer subject to the federal government’s Disadvantaged Business Enterprise (DBE) program.  The jury is still out on whether the state will follow the report’s recommendation and eliminate the set-asides. But if you’re a minority woman, the set-aside opportunities are still out there if you know where to look. First, make sure your business is certified as a minority-owned business. Second, sign up for Set Aside Alerts so you can be notified when a contract comes up for bid. Finally, make an appointment with an expert in getting contracts at SCORE or a Small Business Development Center (SBDC) in your area. (Disclosure: SCORE and the SBDC-Los Angeles Regional Network are clients of my company.)

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Rieva Lesonsky

Rieva Lesonsky

Rieva Lesonsky is CEO of GrowBiz Media, a media and custom content company focusing on small business and entrepreneurship. Email Rieva at rieva@smallbizdaily.com, follow her on Google+ and Twitter.com/Rieva, and visit her website, SmallBizDaily.com, to get the scoop on business trends and sign up for Rieva’s free TrendCast reports.
Rieva Lesonsky

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