HUBZone is a Small Business Administration (SBA) program for small businesses that operate and employ people in Historically Underutilized Business Zones (HUBZones). The Federal Government has built an entire program around the goal to create opportunities for entrepreneurs located in areas with poor employment and economic growth. They are REQUIRED to go to small businesses that are located in Historically Underutilized Business Zones. This program is designed to ensure that HUBZone businesses win federal contracts and thrive. Once you’re certified as a HUBZone Business you have access to billions of dollars set aside for businesses just like yours! And don’t worry on missing out on some of those big contracts–you can subcontract!
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WHY WOULD YOU WANT A HUBZONE CERTIFICATION?
The federal government is required to spend 23% of its contracting on small businesses. In 2014, 23% of the contracting budget was $271 BILLION dollars. If you qualify for the HUBZone certification, you’re entitled to an additional 3% on top of that. That’s an additional $35 BILLION. The sad thing is that last year only 0.6% of money set aside for HUBZone businesses was awarded, which left about $17 Billion of unclaimed federal contracting dollars!
Program benefits for HUBZone-certified companies include:
- Competitive and sole source contracting
- 10 percent price evaluation preference in full and open contract competitions, as well as subcontracting opportunities
How Do You Qualify?
- SBA HUBZone Map
- Principal office is located in a HUBZone
- 35% of employees live in a HUBZone
- Your business must be a small business for its primary NAICS code
Call 1-888-595-6221 today for a Free Initial consultation and Pre-Qualification Session.
Rafael Marrero & Company takes the headaches out of the HUBZone certification process.
Today's call can unlock tomorrow's growth potential