The HUBZone program is designed to help small businesses ‐‐in specified urban and rural (and other special areas like tribal areas, BRAC areas) to gain access to federal procurement opportunities. HUBZone areas are typically areas of low median household incomes or high unemployment, or both. There are about 6,000 small firms certified in the HUBZone program.
The HUBZone program presents significant benefits to certified HUBZone firms. These benefits include:
- Set asides – that is contracting officers can reserve or set‐aside specific contracts for qualified HUBZone firms;
- Government‐wide contracting goals have also been established requiring that at least 3% of all federal prime contracting dollars and 3% of all federal subcontracting dollars flow to certified and qualified HUBZone firms;
- In addition, a price evaluation preference of 10% can be applied to certified HUBZone firms in full and open contract competitions.
To be eligible for the HUBZone program a business must meet the following criteria:
- It must be a small business by SBA standards;
- It must be directly owned and controlled by at least 51% U.S. citizens (or a community development corporation, an agricultural cooperative, or an Indian tribe);
- Its principal office must be located within a designated HUBZone; and,
- At least 35% of its employees must reside in a HUBZone.
Let's discuss how HUBZone certification may help your business. Please complete the form to the right.