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Which Certification Is Right For Your

Company?

Most businesses accept WBENC certifi-

cation for various business transactions, but

there are a wide variety of other certifications

for which your business may be qualified.

Choosing the right certification to pursue as

a women-owned business depends on the

type of clientele your company sells to, or

wishes to sell to, most often.

In addition to WBENC’s Women’s

Business Enterprise (WBE) and Women-

Owned Small Business (WOSB) certifica-

tions, women business owners may also

qualify for the Economically Disadvantaged

Women-Owned Small Business

(EDWOSB), Minority Business Enterprise

(MBE), Disadvantaged Business Enterprise

(DBE) or the Veteran-Owned Small

Business (VOSB) certifications.

Nobody Likes Rejection

If your company applies for a certification

and is denied, it’s not the end of the line.

Appeals are available at the local and national

level. Applicants should take comfort in

knowing that most refusals are due to an

applicant’s failure to navigate the paperwork

process correctly or to update the company

information on renewal forms.

Women small-business owners should

consider the value of becoming a WBENC

business and the advantages and opportuni-

ties it can bring their companies.

What’s Required

A quick summary of the types of documentation required in the WBENC

WBE application process includes these:

1. Application

2. Signed sworn affidavit

3. WBENCLink User Agreement Section 3.7

4. Non-Refundable Processing Fee

5. History of Business

6. Resumes of all owners, board of directors and key management team

7. Owner eligibility information

8. Financial statements and tax returns

9. Copy of bank signature authorization card or corporate resolution

10. Proof of capital and/or equity investment by female owner(s)

11. Personnel and payroll information

12. Management information

Source:

www.wbenc.org

Tayla Carpenter is the project manager at Wayland, Massachusetts-based

distributor iPROMOTEu. She developed and currently manages A Woman’s

View, a program specifically designed to support women distributors in the

promotional products industry.

awomansview@ipromoteu.com

.

DECEMBER 2015 •

PPB

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