What Is the SBA HUBZone Program?

For qualified small businesses, the SBA HUBZone Program offers an excellent opportunity to secure government contracts. Although the Small Business Administration (SBA) maintains the HUBZone Empowerment

The SBA Reauthorization Act of 1997 created the HUBZone program with the intention of promoting economic development in historically underutilized business zones by establishing preferences for government contracts in these areas. The Federal Acquisitions Regulation (FAR) gave HUBZone the ability to contract in January of 1999.

The role of the SBA in overseeing the HUBZone Program is to:

• Determine the eligibility of businesses to receive HUBZone contracts
• Maintain a listing of qualified small business that federal agencies can use to locate vendors
• Settle any disputes regarding a business’s eligibility in the program
• Give updates to Congress as to the success of the program in developing employment and investment in underutilized areas.