1: HUBZone

Provide a contracting vehicle for small businesses located in economically distressed areas.

Other Information:

The Historically Underutilized Business Zones program (HUBZone) is the only federal contracting program that provides a contracting vehicle for small businesses located in economically distressed areas. This unique program creates jobs where they are needed most by encouraging economic development, job creation and capital investment in the poorest areas of the country by providing sole-source and set-aside contracting opportunities as well as price evaluation preferences to firms that are HUBZone certified.

Stakeholder(s):

• Small Businesses: To qualify for the program, a small business (except tribally-owned concerns) must: be a small business by SBA standards; be directly and unconditionally owned and controlled at least 51 percent by U.S. citizens, a community development corporation, an agricultural cooperative, or an Indian tribe; have its principal office within a HUBZone; and have at least 35 percent of its employees residing in a HUBZone.
  •  (Beneficiary)

Objective(s):

1: Businesses & Jobs

2: Small Business Needs

3: Small Business Voice

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