What is the purpose of HUBZone?
The Historically Underutilized Business Zones (HUBZone) program helps small businesses in urban and rural communities gain preferential access to federal procurement opportunities. These preferences go to small businesses that obtain HUBZone certification in part by employing staff who live in a HUBZone.
What qualifies as a HUBZone?
HUBZone program qualifications 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. Have at least 35% of its employees living in a HUBZone.
How do I check my HUBZone status?
How can I check the status? The application system available on the web (www.sba.gov/hubzone) has a built-in function that allows an applicant to check the status at any time. Just activate the certification function on the opening page and select the “Check Application Status” operation.
How long does it take to get a HUBZone certification?
116 days
HUBZone certifications are averaging 116 days from the date of application to the date of certification, according to a fascinating SBA Office of Inspector General Report on the HUBZone certification process. The 116-day time frame is considerably longer than the SBA’s goal of 90 days.
What is the difference between hub and HUBZone?
The State of Texas HUB program provides certification and information to minority and women-owned businesses, and service-disabled veterans, while the Federal Small Business program offers information and assistance to small businesses in economically distressed communities, referred to as HUBZones, throughout the …
How many HUBZone companies are there?
7,700 HUBZone companies
There are about 7,700 HUBZone companies, and they compete for about $2 billion in HUBZone set asides.
What is HUB certification?
Historically Underutilized Business (HUB) Owned Business Definition. Historically Underutilized Business (HUB) is a company level diversity certification that is generally issued by a State Government to increase the amount of goods and services acquired by that state from HUBs.
How do I get HUBZone contract?
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.
How do I submit documents to HUBZone?
Refer to your supporting document request email for the submission deadline date. Upload all documents via the SBA Cloud. In addition to the electronic copy, SBA must receive the original copy of the HUBZone program certification signature sheet ONLY. Select a delivery option that allows you to track the shipment.
What is 8 A certified?
SBA (8a) is an ownership/diversity certification sponsored by the Small Business Association (SBA) of the United States government. This certification is intended for organizations that are owned and controlled at least 51% by socially and economically disadvantaged individuals. …
How do I recertify my HUBZone?
To complete the annual recertification, an authorized officer of the firm must log in to GLS/HCTS and review, verify, and certify, under penalty for perjury, that the firm meets all HUBZone eligibility requirements as of the anniversary date of its initial certification.
How do you become a hub?
How to Become a HUB
- A business must be at least 51% owned by an Asian Pacific American, Hispanic American, Native American, African American an/or American woman, or a Service-Disabled Veteran.
- Must be a U.S. citizen.
- Must be a Texas Resident.
- Principal place of business must be located in the State of Texas.
What is the HUBZone program for small businesses?
HUBZone program The HUBZone program fuels small business growth in historically underutilized business zones with a goal of awarding at least three percent of federal contract dollars to HUBZone-certified companies each year. Program changes and improvements
What are the benefits of joining HUBZone?
Joining the HUBZone program makes your business eligible to compete for the program’s set-aside contracts. HUBZone-certified businesses also get a 10 percent 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.
What is a HUBZone designated area?
Such an area can be designated as a HUBZone for a period of 5 years, beginning on the official date of base closure and ending the same date, five years later Certain base closure areas may qualify as HUBZone designated areas.
What are the requirements to be a HUBZone?
Be at least 51 percent 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 Have at least 35 percent of its employees living in a HUBZone