Certified Women Owned
Lagun Engineering has long been recognized as a women-owned small business, with its founders and leaders driving its success. However, the company has recently achieved a significant milestone by officially obtaining certification as a women-owned company. Let’s explore the significance of this achievement for Lagun Engineering and the steps they are taking towards future certification as a minority-owned company.
The Importance of Women-Owned Business Certification:
- Recognizing Women’s Entrepreneurial Excellence: Achieving women-owned business certification is a testament to the vision, determination, and leadership of Lagun’s women founders. It acknowledges their significant contributions to the business world and highlights the success of women entrepreneurs.
- Access to Opportunities: Certification as a women-owned company can open doors to government contracts, corporate procurement programs, and other opportunities reserved for diverse businesses. Lagun can now compete for these contracts, expanding their client base and fostering new partnerships.
- Building Trust and Credibility: The certification provides an official endorsement of Lagun’s status as a women-owned business, enhancing their reputation and credibility in the industry. It helps to build trust among customers, suppliers, and stakeholders, further strengthening their position in the market.
Lagun Engineering’s Journey to Certification: a. Meeting Eligibility Criteria:
- To obtain women-owned business certification, Lagun had to meet specific eligibility requirements, such as being at least 51% owned, controlled, and operated by women. The company underwent a rigorous verification process to demonstrate their compliance with these criteria.
- Demonstrating Strong Leadership: Lagun showcased the exemplary leadership skills of its women founders, emphasizing their active involvement in key decision-making processes and daily operations. This involvement played a crucial role in meeting the certification requirements.
- Documenting Business Ownership: The company provided substantial evidence to prove the women founders’ ownership and control of Lagun. This documentation included legal and financial records, organizational charts, and other supporting materials.
Looking Ahead: Future Certification as a Minority-Owned Company:
- The next certification milestone they aim to achieve is becoming a minority-owned company, highlighting their dedication to empowering all talents.
- Expanding Opportunities: Certification as a minority-owned business can unlock additional opportunities, such as participation in minority business development programs and supplier diversity initiatives. This certification will broaden Lagun Engineerings network and provide avenues for sustainable growth.
- Taking Necessary Steps: Lagun Engineering is actively working towards its goal of becoming a certified minority-owned company. They are collaborating with relevant organizations, seeking guidance, and adhering to the established certification processes to ensure their success in this endeavor.
Conclusion: Lagun Engineerings’ recent certification as a women-owned company is a significant achievement that solidifies its position as a leader in their industry. This recognition not only acknowledges the success of women entrepreneurs but also provides new avenues for business growth and partnerships. As Lagun sets its sights on future certification as a minority-owned company, they continue to pave the way for success in the business world, fostering an environment of growth and opportunity.