Monthly Archives: April 2017

A Win for Women-Owned Small Businesses: Sole Source Authority

Posted on by NAWRB

Enacted by section 8(m) of the Small Business Act, the Women-Owned Small Business (WOSB) Program authorizes Federal contracting officers to limit competition for Federal contracts to qualified Women-Owned Small Businesses (WOSBs) or Economically Disadvantaged Women-Owned Small Businesses (EDWOSBs), in select industries.

Sole source authority refers to the power of contracting officers to award Federal contracts directly to individuals or companies without having to consider other firms. This expedites the contracting process by eliminating its competitive nature.

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Hotel Figueroa – Women Finance Hotel for Professional Women

Posted on by NAWRB
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06 Apr

The idea of a business that is available exclusively to a select group of people connotes discrimination and injustice; the story of the Figueroa Hotel (Fig) is interesting, because it practiced exclusivity for a progressive and meaningful purpose.

For the past half century, it has been common to see women expanding into and thriving in all career avenues; but have you considered the beginnings of this progress? Were women a part of the workforce 100 years ago? They were. Some of them even held important positions.

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The Untapped Potential of Black-Owned Businesses

Posted on by NAWRB
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06 Apr

 

The latest research from the Association for Enterprise Opportunity (AEO), The Tapestry of Black Business Ownership in America: Untapped Opportunities for Success, assesses the economic fortitude and potential of Black-owned firms, identifies the opportunities and obstacles for these business owners and addresses the ways in which policies and investments can contribute to the success of Black entrepreneurs.

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