A "Women-Owned Small Business" (WOSB) is a designation for small businesses that are at least 51% owned, operated, and controlled by one or more women. This classification helps promote gender equality in entrepreneurship and provides access to various resources, including funding and government contracts specifically set aside for women-owned enterprises. The U.S. Small Business Administration (SBA) recognizes WOSBs to encourage economic growth and support women entrepreneurs. By obtaining this certification, women-owned businesses can enhance their visibility and competitiveness in the marketplace, contributing to a more diverse and inclusive economy.