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As part of the Obama Administration’s overall commitment to expanding opportunities for small businesses, the U.S. Small Business Administration will begin in early 2011 implementation of its women-owned small business contracting program.

“Women-owned businesses are one of the fastest growing sectors of our nation’s economy, and even during the economic downturn of the last few years, have been one of the key job creation engines in communities across the country,” SBA Administrator Karen Mills said.

The rule identifies 83 industries in which women-owned small businesses are under-represented or substantially under-represented in the federal contract marketplace. This rule is also another tool to help achieve the statutory goal that 5 percent of federal contracting dollars go to women-owned small businesses.

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The White House is hosting a live chat with Karen Mills of the U.S. Small Business Administration. Karen Mills will be answering small business owners’ questions about The Small Business Jobs Act and opportunities for small businesses as part of the Recovery Act and the Affordable Care Act.  Tune in September 29th at 2 PM EDT at