What are the requirements for an individual's net worth to qualify for EDWOSB status in late 2026?

To qualify for EDWOSB status, an individual's personal net worth must be less than $850,000, their adjusted gross income must be $400,000 or less averaged over the previous three years, and their personal assets must be $6.5 million or less. These requirements are set by the SBA for the Women-Owned Small Business Federal Contract program. My firm has been through the SBA certification process for SDVOSB status, and I can tell you that the SBA is very particular about documentation for these financial thresholds. You will need to provide detailed financial statements to prove you meet each of these criteria when you apply for the EDWOSB certification. The SBA handles the EDWOSB certification, and there is no cost to apply. This certification is crucial for accessing federal contracts that are set aside for EDWOSBs. For federal buys, the FAR outlines how these set-asides are used. For state and local government contracts, you will need to check their specific procurement codes and vendor guides, as those rules vary by state and locality.