The HUBZone program fuels small business growth in historically underutilized business zones with a goal of awarding at least 3% of federal contract dollars to HUBZone-certified companies each year. The government limits competition for certain contracts to businesses in historically underutilized business zones. It also gives preferential consideration to those businesses in full and open competition.  Joining the HUBZone program makes your business eligible to compete for the program’s set-aside contracts. HUBZone-certified businesses also get a 10% price evaluation preference in full and open contract competitions.  HUBZone-certified businesses can still compete for contract awards under other socio-economic programs they qualify for.

Presentator: William Pocan, Economic Development Specialist – U.S. Small Business Administration/Richmond District Office