What is a HUBZone company?
HUBZone is a company level diversity certification referring to the Historically Underutilized Business Zone program that helps small businesses located in distressed areas gain preferential access to federal procurement opportunities.
What is the difference between hub and HUBZone?
The acronym HUB stands for “Historically Underutilized Business,” and a HUBZone is a historically underdeveloped business zone that meets one or more of five defined criteria . AI/AN reservations and other Indian Country locations automatically qualify as HUBZones.
What does HUBZone stand for in business?
Historically Underutilized Business Zone
HUBZone (Historically Underutilized Business Zone) Program. The Historically Underutilized Business Zones (HUBZone) program helps small businesses in urban and rural communities gain preferential access to federal procurement opportunities.
How do you qualify for HUBZone?
To qualify for the HUBZone program, your business must:
- Be a small business according to SBA size standards.
- Be at least 51% owned and controlled by U.S. citizens, a Community Development Corporation, an agricultural cooperative, an Alaska Native corporation, a Native Hawaiian organization, or an Indian tribe.
How are Hub zones determined?
SBA uses information and data from multiple federal sources to determine HUBZone designated status. Such federal agencies include the U.S. Bureau of Labor Statistics, Department of Defense, Department of Housing and Urban Development, Bureau of Indian Affairs and the U.S. Census Bureau.
How do you know if you live in a HUBZone?
The HUBZone Mapping Application assists you in finding out whether or not a particular business location or employee residential location is within a HUBZone. You can also use HUBZone Mapping to find out what HUBZone areas are found within a larger area of interest.
How do I get a HUBZone business?
How to find HUBZone contractors
- Get personal assistance from the SBA’s government contracting area offices or from Procurement Technical Assistance Centers.
- Contact your agency’s Office of Small & Disadvantaged Business Utilization or your Agency Small Business Specialist.
What is the HUBZone program for small businesses?
The firm must be a small business based on the North American Industry Classification System (NAICS) for size standards.
How to become HUBZone certified?
– Select the Access tab from the top of your screen. – On the System Selection screen, select HUBZone and complete the request prompts. – Once the request has been approved, access to the HUBZone application will be available and you will be able to apply for certification.
How to qualify for HUBZone?
employees reside in the HUBZone, employees must live in a primary residence within that area for at least 180 days or be a currently registered voter in that area. Existing businesses that choose to move to qualified areas are eligible.
Is my business in a HUBZone?
The HUBZone Mapping Application assists you in finding out whether or not a particular business location or employee residential location is within a HUBZone. You can also use HUBZone Mapping to find out what HUBZone areas are found within a larger area of interest.