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Women Owned Business Definition Women are not considered a minority or disadvantaged business owners in federal procurement unless they also fit the socially and economically disadvantaged criteria. There ae two designations defined by the federal government. Woman-Owned Small Business (WOSB) and Economically Disadvantaged Women-Owned Small Businesses (EDWOSBs)   The following groups are considered to be socially and Economically Disadvantaged: Black Americans Hispanic Americans Native Americans (American Indians, Eskimos, Aleuts,...

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