AAC Posted January 26, 2022 Report Share Posted January 26, 2022 I recently ran across this situation: A woman-owned small business recently created a new business. The new business has an affiliate who has 70% ownership share in the new business. can the new business still be classified a WOSB? If not, can the new business claim to be a small business? Link to comment Share on other sites More sharing options...
ji20874 Posted January 26, 2022 Report Share Posted January 26, 2022 Please read FAR subpart 19.15, Women-Owned Small Business (WOSB) Program, and the definition of woman-owned small business in FAR 2.101. Link to comment Share on other sites More sharing options...
here_2_help Posted January 26, 2022 Report Share Posted January 26, 2022 You didn't specify the socioeconomic status of the entity that has the 70% share of the new business. You didn't specify the relationship between the WOSB and the new business. Link to comment Share on other sites More sharing options...
Retreadfed Posted January 26, 2022 Report Share Posted January 26, 2022 5 hours ago, AAC said: can the new business claim to be a small business? What type of size standard (revenue or headcount) apply to the new business? Does the combined revenue or headcount of the new business and its affiliates exceed the NAICS code size assigned to a procurement that the new business wishes to bid on? Link to comment Share on other sites More sharing options...
Neil Roberts Posted February 2, 2022 Report Share Posted February 2, 2022 SBA Code of Federal Regulations (CFR) section 121.103) should be read. Link to comment Share on other sites More sharing options...
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