What is the Historically Underutilized Business Zones Program (HUBZone)?
The historically underutilized business zones program, often shortened to HUBZone, is an SBA program that certifies and assists businesses located (as the name suggests) in historically underutilized zones.
The SBA’s certification program verifies small businesses located in a HUBZone and subsequently provides benefits to those businesses that qualify, such as increased access to government set-aside contracts, as well as education and training. The current federal government goal is to award at least 3% of all federal contracting dollars to HUBZone businesses each year.
