We received word that a message was distributed to WOSB firms – please check out the message and link below:
Dear Valued WOSBS,
Please note that the annual update requirement for approved WOSB firms has been repealed. Since May of 2022, the annual update has been in abeyance; it has now been removed entirely from the regulation. You will still need to recertify with the WOSB program every three years. No further action is needed at this time. Please see more information about the removal of the annual update requirement by visiting our Knowledge Base: Repeal of Annual Update Requirement for Approved WOSB Firms · WOSB.Certify.sba.gov.
Thank you for your continued participation in our program.
Best,
The WOSB Team
