$500 on application, $1000 to begin verification, $2000 on final submission
Certification enables holders to be a part of the 5% set aside in the federal budget of $500 billion for businesses in this category.
Basic Requirements:
- Business must hold an active SAM registration.
- Business must be at least 51% held by one or more women.
- Personal net worth of women owners less than $750 000.
- Average earnings of preceding three years less than $350 000
- Market value of all assets of business, including private residence of owner(s) is less than $6 million.
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