Certified as Women Owned Small Business (WOSB) for Pro Weld
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Pro Weld founded in 1993, and selected Penny Oberlander with 51% small business ownership as a Women Owned Small Business (WOSB). This speciality certification sets the welding company apart from competitors as it allows agencies to give preference to Pro Weld within eligible industries for welding contracts.
Pro Weld Meets WOSB Eligibility Requirements
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Pro Weld’s President, Penny Oberlander is 51% owner and the manager. Mrs. Oberlander meets the U.S. citizen requirement, and business size limit. Pro Weld is classified as a “small” business for the industry (according to SBA’s size standards).
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In order for a WOSB to be deemed “economically disadvantaged,” its owners must demonstrate economic disadvantage in accordance with the requirements set forth in the final rule.
From SBA’s Website
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By 2013, the SBA announced another advantage for the WOSB businesses, which allows Pro Weld to have no limitation on contract sizes, which is a green light for the welding business’ growth.
May 7, 2013: Changes to the federal contracting program for women-owned small business (WOSB) concerns and economically disadvantaged women-owned small business (EDWOSB) concerns will go into effect on May 7, 2013. The enactment of the National Defense Authorization Act (NDAA) for 2013 removed the caps on the contract award size for which WOSB and EDWOSB concerns have been able to compete. Source: SBA Women-Owned Small Business Page (https://www.sba.gov/content/women-owned-small-business-program)
In addition to being a Women Owned Business, Pro Weld has the following certificates described below (and accomplishments).
Oregon Construction Contractors Board License (CCB) #158249
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Pro Weld has met all requirements of the Oregon board of Construction Contractors and is licensed and endorsed to perform business in the state of Oregon.
Licensed, Bonded, and Insured Welding and Fabrication
Licensed, bonded and insured to complete welding and fabrication jobs. Bonded means to hold a pre-paid savings account with a bank or insurance company that sets money aside in the event of a project not being completed according to the contract. Insured means to carry insurance to cover property damage and public liability.
Certified and awarded contracts to work with the U.S. Federal government.
DBEs are for-profit small business concerns where socially and economically disadvantaged individuals own at least a 51% interest and control management and daily business operations. WOB are at least 51% owned by women, managed and controlled.
Certified Small Business in Oregon
Small business certifications are like professional certifications; they document a special capability or status that will help you compete in the marketplace. Unlike permits and licenses, you do not need to obtain certifications to legally operate. However, in order to take advantage of business opportunities, such as government contracts, you may need to obtain some certifications.
Emerging Small Business (ESB) certification is for Oregon small businesses seeking contracting opportunities for state, county and city government and special jurisdiction. Must have 29 or less employees.
North American Industry Classification (NAICS) #332312
The North American Industry Classification System or NAICS(pronounced “nakes”) is used by business and government to classify business establishments according to type of economic activity (process of production) in Canada, Mexico, and the United States of America.
Excellence in Family Business Award-Winners (OSU Austin Family Business)
The Excellence in Family Business Awards Program, presented yearly by Oregon State University’s Austin Family Business Program, was founded in 1988 to applaud the accomplishments and contributions of family businesses for their innovation, entrepreneurship, commitment, and heart.