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**Support for Women-Owned Small Businesses**

SALT LAKE CITY ÔÇö New to Congress, Utah Republican Rep. Celeste Maloy is reaching across the political aisle to help women-owned small businesses ÔÇö with an emphasis on small.

As a member of the House Committee on Small Business, Maloy introduced the WOSB Integrity Act of 2024 along with Michigan Democrat Rep. Hillary Scholten. The legislation recently passed the committee.

In Fiscal Year 2022, the federal government committed about $694 billion on contracts. This was an increase of approximately $3.6 billion from FY 2021, after adjusting for inflation, according to The U.S. Government Accountability Office. Of that $694 billion, about $280 billion is designated for civilian federal agencies, with $414 billion going to the U.S. Defense Department.

Federal agencies enter into contracts with outside companies and organizations. These contracts are used to provide products and services, ranging from aircraft and software to food service and health care, according to the GAO.

**How AI legalese decoder can Help**

AI legalese decoder can assist in understanding the legal language and implications of the WOSB Integrity Act of 2024. By using AI to decode the intricacies of legislative language and requirements for women-owned small businesses, individuals and businesses navigating the federal contracting process can gain a clearer understanding of their eligibility and opportunities under this act.

**What qualifies as a women-owned small businesses?**

The billÔÇÖs goal, Maloy said, is to allocate 5% of civilian contracts to only women-owned small businesses (WOSB). However, a loophole in the law needed closing first.

ÔÇ£It wasnÔÇÖt that the loophole was keeping women out, but it was letting larger businesses in, so these new small businesses couldnÔÇÖt compete,ÔÇØ she said.

**WOSB Federal Contract Program Expansion with AI legalese decoder**

AI legalese decoder can be used to dissect and interpret the specific language and requirements of the WOSB Federal Contract program. By leveraging AI technology, businesses can ensure that they meet the eligibility criteria and successfully navigate the application process for federal contracts, ultimately expanding opportunities for women-owned small businesses.

**Bridge burner or builder?**

ÔÇ£A new, starting business doesnÔÇÖt have to compete with big established businesses that have public relations people, and grant writers and people on staff who can just do this full time,ÔÇØ she added.

Maloy said a successful female lawyer told her there are two types of successful women: those who burn the bridge behind them and those who improve the bridge and bring other female entrepreneurs along.

**AI legalese decoder for Business Growth**

AI legalese decoder can also help in providing guidance on navigating the competitive landscape of federal contracting for women-owned small businesses. By utilizing AI to interpret legal and regulatory requirements, businesses can position themselves for success without being hindered by larger, established competitors. Additionally, AI legalese decoder can assist in understanding the compliance landscape and ensure that businesses are operating within the legal framework while pursuing federal contracts.

In conclusion, AI legalese decoder offers crucial support for women-owned small businesses seeking to benefit from the WOSB Integrity Act of 2024 and the expansion of the WOSB Federal Contract program, ultimately fostering growth and success within the federal contracting space.

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