News & Analysis as of

Women-Owned Businesses

CFPB’s Office of Minority and Women Inclusion issues annual report

by Ballard Spahr LLP on

The CFPB’s Office of Minority and Women Inclusion (OMWI) has issued its annual report to Congress covering the OMWI’s activities in FY 2016. The Dodd-Frank Act required the CFPB and various other federal agencies, including...more

Director Corday’s appearance before House Committee: strong on theater, weak on substance

by Ballard Spahr LLP on

Despite its long duration (over five hours including a recess for a vote), the House Financial Services Committee’s hearing on April 5 at which Director Cordray was the sole witness provided a strong dose of political theater...more

CFPB seeking information on use of alternative data in credit process, including by small business lenders

by Ballard Spahr LLP on

The CFPB has issued a request for information (RFI) that seeks information about the use of alternative data and modeling techniques in the credit process. According to the CFPB, the RFI stems from the Bureau’s desire...more

How to Qualify as a Women-Owned Small Business

by Varnum LLP on

Last year, we wrote about the opportunities available to businesses owned by service-disabled veterans. There are also programs available to provide similar advantages to women-owned businesses. One such program is the...more

CFPB releases annual employee survey results, 2016-2020 Diversity and Inclusion Strategic Plan

by Ballard Spahr LLP on

The CFPB released two items at year-end:  the results of its 2016 annual employee survey and its updated Diversity and Inclusion Strategic Plan (Strategic Plan) for 2016-2020....more

Weekly Update Newsletter - December 2016 #5

by PilieroMazza PLLC on

GOVERNMENT CONTRACTS - Submission for Office of Management and Budget Review; Payment of Subcontractors - On January 20, 2016, the Department of Defense, Government Accountability Office, and National Aeronautic and...more

In Case You Missed It: Launch Links - December, 2016 #2

by WilmerHale on

Some interesting links we found across the web this week: Here’s what that new Fed rate increase means for venture-backed startups - The US Federal Reserve made headlines this week by raising its benchmark interest...more

Weekly Update Newsletter - December 2016

by PilieroMazza PLLC on

GOVERNMENT CONTRACTS - FAR Amendment Proposal to Implement Section of NDAA 2016 - The Department of Defense (“DOD”), General Services Administration (“GSA”), and National Aeronautics and Space Administration...more

CFPB Fall 2016 rulemaking agenda published

by Ballard Spahr LLP on

The CFPB’s Fall 2016 rulemaking agenda has been published as part of the Fall 2016 Unified Agenda of Federal Regulatory and Deregulatory Actions. The preamble indicates that the information in the agenda is current as of...more

MBA launches new networking platform for women

by Ballard Spahr LLP on

Women in the real estate financing sector have a new opportunity to connect with others in their field and to access and exchange information about the industry. On October 18, the Mortgage Bankers Association (MBA)...more

The FAR Councils Drop 10 FAR Amendments in End-of-Fiscal-Year Blitz

by Holland & Knight LLP on

On September 30, 2016, the Federal Acquisition Regulation (FAR) Councils issued 10 FAR amendments (nine final and one interim) on a broad range of topics. One rule imposes new risks for contractors with delinquent taxes or...more

Ballard Spahr Partner Dee Spagnuolo Joins CFPB OMWI Director on Panel at ABA Meeting

by Ballard Spahr LLP on

Ballard Spahr Partner Dee Spagnuolo joined Director Stuart Ishimaru of the CFPB’s Office of Minority and Women Inclusion and other industry leaders for the panel discussion "Diversity and Dodd-Frank Section 342," on September...more

The Basics of Board Service: Sheila Ronning Demystifies the Fundamentals

Long before adding women to boards was a hot topic, Sheila Ronning, CEO and founder of Women in the Boardroom, believed in the importance of providing women the opportunity to serve and excel on corporate boards. Today, as...more

CEO of World Trade Center contractor found guilty of fraud by misstating compliance with Port Authority’s minority- and...

by Dorsey & Whitney LLP on

Public entities at the Federal, state, and local levels set aside contracting opportunities, provide preferential price treatment, or otherwise grant favorable treatment to contractors (1) owned by veterans, women,...more

Accelerator for Women-led Startups Announced in Waterloo, Ontario

by Hodgson Russ LLP on

Are you part of a women-led, high-potential startup? If so, Communitech’s Fierce Founders Accelerator may be the program you’re looking for. The Fierce Founders Accelerator is a six-month startup accelerator with...more

Portuguese-Owned Construction Firms No Longer Certifiable as Minority-Owned Businesses in Massachusetts

by Robinson & Cole LLP on

In the wake of a recent Superior Court decision in Massachusetts, the Commonwealth no longer recognizes Portuguese-owned construction firms as minority-owned businesses (MBEs). Massachusetts General Laws ch. 7C sec. 6...more

SBA Announces New WOSB Online Portal

by PilieroMazza PLLC on

Recently, the Small Business Administration (“SBA”) announced a new online portal to serve women-owned small businesses (“WOSBs”). The new portal allows WOSBs to manage their SBA-related documents, complete SBA...more

CFPB's Office of Minority and Women Inclusion Issues Annual Report

by Ballard Spahr LLP on

The Consumer Financial Protection Bureau (CFPB)'s Office of Minority and Women Inclusion (OMWI) has issued its third annual report to Congress covering the OMWI's activities in 2015. The Dodd-Frank Act required the CFPB and...more

CFPB’s Office of Minority and Women Inclusion issues annual report

by Ballard Spahr LLP on

The CFPB’s Office of Minority and Women Inclusion (OMWI) has issued its third annual report to Congress covering the OMWI’s activities in 2015. The Dodd-Frank Act required the CFPB and various other federal agencies,...more

CFPB hires Assistant Director for Office of Small Business Lending Markets; announces other senior leadership additions

by Ballard Spahr LLP on

Earlier this week, the CFPB announced the addition of several new members to its senior leadership team. The announcement included the news that the CFPB has filled the position of Assistant Director for the Office of...more

Women Business Enterprise Certification Could Benefit Your Business

by Cole Schotz on

Each year state, local and federal agencies award billions of dollars in contracts to private businesses and of those contracts awarded, government agencies set aside a percentage of business opportunities or contacts for...more

In a Major Win for Women Owned Businesses, SBA Expands WOSB/EDWOSB-Eligible Industry List

On March 3, 2016, the SBA announced that it has expanded the list of industries in which a contract can be set-aside for women-owned small businesses (“WOSB”) or economically disadvantaged women-owned small businesses...more

Women Owned Small Business Regulations Update

Women Owned Small Business Contracting Program with the designated NAICS Codes thatqualify for WOSBs were announced in the federal register today. Effective today. In order to carry out the Women-Owned Small Business Federal...more

Construction Law Advisory - October 2015

by Saul Ewing LLP on

The Massachusetts Attorney General is taking action to ensure that general contractors working on public construction are complying with state requirements to use DBE/MBE subcontractors. In August 2015, the Attorney...more

Third Circuit Decision Could Have Broad Implications For Sentencing In Federal Fraud Cases

Last week, the Third Circuit issued a decision that could have major ramifications for sentencing in federal fraud cases. United States v. Nagle dealt with a fraud perpetrated against the Department of Transportation’s...more

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