WOSB – Woman Owned Small Business

Dynamik, Inc. proudly holds status as a WOSB – Woman Owned Small Business.

Eligibility Requirements

To qualify as a women-owned small business (WOSB), a business must meet the following requirements identified in 13 CFR 127.200, 201, and 202:

  • Meet the small business size standard for the primary NAICS code and contract
  • Be at least 51% unconditionally and directly owned by women who are U.S. citizens
  • Women must manage the day-to-day operations
  • Women must make the long-term decisions for the business
  • A woman must the hold highest officer position in the business
  • This woman must work at the business full-time during normal working hours.
  • No minimum amount of time for the business to be operational

In order to qualify as an economically disadvantaged women-owned small business (EDWOSB), a business must meet all the requirements for a WOSB and its owner(s) must demonstrate economic disadvantage as set forth in 13 CFR 127.203.

  • Personal net worth (assets minus liabilities) is less than $750,000 excluding:
    • Ownership in business and primary personal residence
    • Income reinvested or used to pay taxes of business
    • Funds reinvested in IRA or other retirement account*
    • Transferred assets within two years if to or on behalf of immediate family member for select purposes
  • Adjusted gross income average over three years is $350,000 or less excluding:
    • Income reinvested or used to pay taxes of business
  • Fair market value of all assets is $6 million or less.

  • DVBE – Department of Transportation and Caltrans
  • WBE – Certified Woman’s Business Enterprise
  • WBE – Supplier Clearinghouse Certified
  • WOSB – Woman Owned Small Business
  • EDWOSB – Economically Disadvantaged Woman Owned Small Business

  • SLBE – Certified City of San Diego Small Local Business Enterprise
  • SBE – Small Business Enterprise
  • VBE – Veteran Business Enterprise
  • DBE – Disadvantaged Business Enterprise