§ 324-1-W1. Women Business Enterprise; WBE.  


Latest version.
  • "Women business enterprise" or "WBE" shall mean a business that meets each of the following criteria:

    (a)

    Is an independent operating business;

    (b)

    Is a sole proprietorship that is independently owned and controlled by a woman; a joint venture which is at least 51% independently owned and controlled by women; or a partnership, limited liability company or corporation that is at least 51% independently owned and controlled by women;

    (c)

    The women owners have interest in capital and earnings commensurate with the women's percentage of ownership;

    (d)

    Has been in operation for at least twelve months before applying for certification;

    (e)

    Has been at least 51% women-owned for at least twelve months before applying for certification;

    (f)

    Has an operating office located in the Cincinnati market area; and

    (g)

    Performs a commercially useful function.

(Ordained by Ord. No. 308-2015, § 1, eff. Jan. 1, 2016)