What is HUBZone?
The HUBZone program was enacted into law as part of the Small Business Reauthorization Act of 1997. The SBA Regulates and implements the program, determines which businesses are eligible to receive HUBZone contracts, maintains a listing of qualified HUBZone small businesses federal agencies can use to locate vendors, and adjudicates protests of eligibility to receive HUBZone contracts.
The program applies to all federal departments and agencies as well as being adopted by many large companies. The government has established a goal of three (3) percent of prime contract dollars being awarded to HUBZone businesses.
HUBZone program is the only program that helps more than the business owner! It helps the community and the employees who are disadvantaged.
A business must meet the following criteria to become HUBZone certified:
Do you live in a HUBZone?
- The firm must be a ‘small business’ based on the SBA’s size
standards based on the North American Industry Classification System
- The firm must be at least 51% owned and controlled by
citizens of the United States.
- The firm’s principal office (where the greatest number of
employees perform their work, excluding contract sites) must be
located in a designated HUBZone area
- At least 35% of the firm’s total workforce must reside in a
designated HUBZone areaD
Discover The Future
Contact Onyx Aerospace, HUBZone provider,
today at 256-444-2510 or click below
to find out how we can help you.