Is your company eligible?
An eligible company is an independent business concern that is at least 51% owned, managed, and controlled by one or more women, whose business formation and principal place of business are in Canada. There is no citizenship requirement.
Does your business have the potential for future scalability to provide quality service and/or products on large contracts or to a link in the corporate supply chain?
Corporate and public sector contracts tend to be larger than contracts many small businesses are accustomed to fulfilling. Your business should be prepared to demonstrate the ability to deliver as a party these larger contracts. This may require creating strategic alliances in order to fulfill such contracts.
Are you willing to share the details of your business, including financial records and company structure?
The certification process entails an audit of a number of documents in order to confirm the eligibility of your business. NOTE: All information and documents submitted by your business are kept completely confidential and you decide what information will be shared with our member corporations.
Are you clear that WBE certification is a marketing tool, and does not entitle your company to corporate contracts?
If your business becomes certified, you will need to invest time and energy into developing a marketing campaign that targets corporations and government agencies that need your product or service. Certification as a Women's Business Enterprise (WBE) is about increasing your access to connections that could lead to contract opportunities. Once certified, WBE Canada will facilitate opportunities and events where you will meet procurement officers from our member corporations and others. Your business details will appear on our membership database, which is searched by our corporate members as they seek new suppliers. Our activities and events also facilitate opportunities for you to meet with other certified WBEs. While you must still be competitive in price, quality and delivery, WBE certification differentiates your business and promotes access to people and opportunities that may have been difficult for you to identify previously.
If you answered yes to the above questions, your business may be a good candidate for certification. Apply today!