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HUBZone Program

 
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   HUBZone

Our buildings are located in the middle of a designated Hub Zone - Small businesses in high-unemployment, low-income areas can receive an economic boost from the HUBZone contracting program. The HUBZone program provides contracting assistance to small businesses located in economically distressed communities, referred to as Historically Underutilized Business Zones, or HUBZones, to promote job growth, capital investment and economic development in these areas, including Indian reservations.

The program's benefits for HUBZone-certified companies include competitive and sole source contracting, a 10 percent price evaluation preference in full and open contract competitions, as well as subcontracting opportunities. The Federal government has a goal of awarding 3 percent of all dollars for Federal prime contracts to HUBZone-certified concerns.

  HUBZone Program

The Historically Underutilized Business Zones (HUBZone) Empowerment Contracting program was enacted into law as part of the Small Business Reauthorization Act of 1997

The program falls under the auspices of the U.S. Small Business Administration. The program encourages economic development in historically underutilized business zones - "HUBZones" - through the establishment of preferences.

SBA's HUBZone program is in line with the efforts of both the Administration and Congress to promote economic development and employment growth in distressed areas by providing access to more federal contracting opportunities.



How the HUBZone Program Works

The SBA regulates and implements the HUBZone program. SBA does the following:
· Determines which businesses are eligible to receive HUBZone contracts
· Maintains a listing of qualified HUBZone small businesses that federal agencies can use to locate vendors
· Adjudicates protests of eligibility to receive HUBZone contracts
· Reports to the Congress on the program's impact on employment and investment in HUBZone areas.


The program's benefits for HUBZone-certified companies include:
· Competitive and sole source contracting
· 10% price evaluation preference in full and open contract competitions, as well as subcontracting opportunities.
· The federal government has a goal of awarding 3% of all dollars for federal prime contracts to HUBZone-certified small business concerns.


Eligibility for the HUBZone
To qualify for the program, a business (except tribally-owned concerns) must meet the following criteria:
· It must be a small business by SBA standards
· It must be owned and controlled at least 51% by U.S. citizens, or a Community Development Corporation,
      an agricultural cooperative, or an Indian tribe
· Its principal office must be located within a "Historically Underutilized Business Zone," which includes
      lands considered "Indian Country" and military facilities closed by theBase Realignment and Closure Act
· At least 35% of its employees must reside in a HUBZone.


If you are eligible, visit Applying for the HUBZone Program, as well asMaintaining the HUBZone Certification.





      Click to view HUBZone Mapping
 



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