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Federal & State Certifications for Minority and Women-owned Businesses Webinar
August 26 @ 1:30 pm - 3:00 pm
Expand your government contracting options through set-asides.
Come learn about the different certifications available to Minority and Women-owned Businesses.
You will learn from experts from the SBA, DOT and NYS. Featuring NYS Senator Jeremy A. Cooney.
Senator Cooney’s Committee Assignments include: Cities 2/CHAIR and Member of the following committees: Codes; Cultural Affairs, Tourism, Parks and Recreation; Higher Education; Insurance; Procurement and Contracts; Transportation
Thursday, August 26, 2021
1:30 pm to 3 pm
No fee to attend.
What’s a Set-aside:
A contracting vehicle used by federal and state governments to help small business. The principle way is by restricting competition on a particular contract by “setting it aside” which means that only businesses with that set-aside can bid on it.
The Small Business Act states that small businesses should receive a fair proportion of federal contracts and that small businesses should have the maximum practical opportunity to participate in federal contracting. The Small Business Act established the Small Business Administration (SBA) to aid small businesses and to insure they receive a fair proportion@ of federal contracts. Congress has established a 23% governmentwide goal for awards of contracts to small businesses. Subsets of the small business goal are a 5% governmentwide goal for awards to small disadvantaged businesses (SDBs), a 5% governmentwide goal for awards to women-owned small businesses (WOSB), a 3% governmentwide goal for awards to historically underutilized business zone@ (HUBZone) small businesses, and a 3% governmentwide goal for awards to service-disabled veteran-owned small businesses (SDVOSB).
NYS set-aside goals are 30% for minority and women-owned businesses (M/WBEs), and 6% for service disabled veteran owned business (SDVOB).