SBA – HUBZONE PROGRAM
SBA – HUBZONE PROGRAM
The Historically Underutilized Business Zone (HUBZone) Program's goal is to encourage job creation and capital investment in small businesses in economically challenged areas. With a goal of providing at least three percent of federal contract funds to HUBZone-certified companies each year, the HUBZone program promotes small business growth in previously neglected business zones. It also provides preference to businesses that are in full and open competition. The Small Business Administration has made it easier for qualified small firms to join the HUBZone program.