Women-owned small business (WOSB) vs NMSDC certification (minority-owned, private sector)
This page compares only the published requirements in our verified data. Each requirement appears beside its official source and the date we last checked that source. The comparison is accurate to what we publish, not necessarily exhaustive of every rule either program may apply.
Ownership
Women-owned small business (WOSB)
At least 51 percent directly and unconditionally owned by one or more women who are U.S. citizens
The qualifying women owners must be U.S. citizens AND reside in the United States
The business and its owners must have no active exclusion in SAM at the time of application or recertification
NMSDC certification (minority-owned, private sector)
At least 51 percent owned, operated, and controlled by one or more individuals who are members of a recognized minority group
Each qualifying minority owner must be a U.S. citizen
The qualifying owner must identify as Asian-Indian, Asian-Pacific, Black, Hispanic, or Native American, as defined by NMSDC
The minority owner(s) must hold day-to-day operational authority, not just ownership on paper
Control and management
Women-owned small business (WOSB)
A woman must manage day-to-day operations and make long-term decisions, and hold the highest officer position
NMSDC certification (minority-owned, private sector)
No published requirement in this dimension appears in our verified data for NMSDC certification (minority-owned, private sector).
Size and revenue
Women-owned small business (WOSB)
The business must be small under the size standard for a NAICS code listed in its SAM profile
NMSDC certification (minority-owned, private sector)
No published requirement in this dimension appears in our verified data for NMSDC certification (minority-owned, private sector).
For-profit and entity requirements
Women-owned small business (WOSB)
No published requirement in this dimension appears in our verified data for Women-owned small business (WOSB).
NMSDC certification (minority-owned, private sector)
The applicant must be a for-profit business
Other eligibility requirements
Women-owned small business (WOSB)
Neither the business nor its principals may have unpaid significant financial obligations owed to the federal government
Certification is required for WOSB set-aside and sole-source awards; self-certification is not enough
NMSDC certification (minority-owned, private sector)
No published requirement in this dimension appears in our verified data for NMSDC certification (minority-owned, private sector).
Document requirements
Women-owned small business (WOSB)
You submit corporate records and business and personal financial records, including signed federal tax returns
NMSDC certification (minority-owned, private sector)
Provide the last two years of business tax filings
Attestation requirements
Women-owned small business (WOSB)
After you apply, you must notify SBA of any change that could affect eligibility
NMSDC certification (minority-owned, private sector)
No published requirement in this dimension appears in our verified data for NMSDC certification (minority-owned, private sector).
Documents referenced by both programs
The published requirements above ask for the same documents in both programs:
- Articles of organization / incorporation
- Corporate bylaws, all amendments
- Operating agreement (LLC), all amendments
- Resume of each qualifying owner
- Stock ledger and share certificates
This means the same saved document can be mapped to requirements in both programs. Review each cited requirement because the certifying bodies may use it for different checks.
Only the certifying bodies decide
This comparison organizes published requirements and does not determine eligibility. Only SBA and NMSDC decide certification outcomes.
Compare your answers with the published rules
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