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Office of the HUBZone Program | About US
About Office of the HUBZone Program
Small businesses in high-unemployment, low-income areas can receive an economic boost from the HUBZone contracting program. The HUBZone program provides contracting assistance to small businesses located in economically distressed communities, referred to as Historically Underutilized Business Zones, or HUBZones, to promote job growth, capital investment and economic development in these areas, including Indian reservations.
The program’s benefits for HUBZone-certified companies include competitive and sole source contracting, a 10 percent price evaluation preference in full and open contract competitions, as well as subcontracting opportunities. The Federal government has a goal of awarding 3 percent of all dollars for Federal prime contracts to HUBZone-certified concerns.