The Historically Underutilized Business Zone (HUBZone) Program is a “place-based” federal contracting program for small businesses. The program is administered by the U.S. Small Business Administration (SBA) and provides both Federal prime contract and subcontract benefits to HUBZone certified businesses. Eligibility:
Only companies certified by the SBA are eligible to participate in the HUBZone program. To qualify, a small business must meet all of the following requirements:
The company’s principal office must be in a HUBZone
At least 51% of the company is owned and controlled by U.S. Citizens
At least 35% of the company’s employees must be HUBZone residents.
8(a) firms located in a HUBZone will be able to receive contracting opportunities under both programs.
For more information, visit contact the Small Business Administration Virginia District Office at (804) 771-2400 or www.sba.gov/hubzone.