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What is the HUBZone Program?
Established in 1997 in accordance to the Small Business Reauthorization Act, the Historically Underutilized Business Zones (HUBZone) programs’ principal focus is job creation and increasing capital investment in underutilized business zones. The HUBZone program requires agencies to limit competition on certain contracts to qualified HUBZone small businesses. Specifically the Federal Government has a goal of awarding 3% of all dollars for Federal Prime contracts to HUBZone Certified Small Businesses. The HUBZone program mission is to promote job growth, capital investment, and economic development to historically underutilized business zones, referred to as HUBZones.