About WBE ContractsWBE (Women’s Business Enterprise) is a designation specifically for firms whose majority owner is female. This certification is achieved by complying with a laundry list of requirements. Once achieved, approved and certified, a WBE is authorized to be utilized by organizations, corporations, municipalities and institutions which have procurement initiatives and goals. The program is geared toward the spirit of helping small minority-owned businesses to succeed in the business world which was historically controlled by majority corporations. A Municipality, Institution, Organization or Corporation may put together a program with guidelines that indicate their procurement goals to include Women-Owned (WBE) and Minority-Owned (MBE) Business Enterprises. Each organization will have their own parameters and requirements for their ordinance or policy. These guidelines might include:
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WBE and MBE corporations are the fastest growing segment of employers in America. Example WBE Company:One of the nation’s leading WBEs is Progressive Industries, a Chicago-based distributor of industrial, medical and commercial equipment and supplies. Their company is 100% female-owned. |
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WBE-HUB-Guide is sponsored by Progressive Industries, Inc. a leading SBA/WBE/WOB/HUBZone distributor 6133 N. Northwest Highway Chicago, IL 60631 1-800-282-9035 info@pii-chicago.com Our consultants can assist you with your questions regarding the various procurement programs. We have assistance programs available for organizations that would like to get started. Fees are reasonable and will fit your specific requirements. Please call 1-800-282-9035 for more information. | |||