HUBZone Program

 

The purpose of the HUBZone program is to provide federal contracting assistance for qualified small business concerns (SBCs) located in Historically Underutilized Business Zones in an effort to increase employment opportunities, investment, and economic development in such areas.

Deleted 04/02/2020 (Archived.) 59.055 Agency: Small Business Administration Project Grants Fiscal Year 2014: See www.sba.gov. Fiscal Year 2015: No Current Data Available Fiscal Year 2016: No Current Data Available Historically Underutilized Business Zone (HUBZone) Act of 1997. To be eligible to participate in the program, a firm must (1) be a small business (as defined by SBA Size Standards), (2) be owned and controlled at least 51 percent by one or more U.S. citizens, a Community Development Corporation, an agricultural cooperative or an Indian tribe, (3) be located (principal office) in a HUBZone, and (4) certify that least 35 percent of its employees are residents of a HUBZone. The HUBZone Program is precisely targeted to provide contract opportunities - revenue sources - to firms located in approximately 13,795 qualified census tracts, 508 qualified non-metropolitan counties, 592 qualified Indian Lands, and 107 qualified base closure areas. Application for HUBZone status is accomplished on-line. This program is excluded from coverage under 2 CFR 200, Subpart E - Cost Principles. Preapplication coordination is not applicable. Environmental impact information is not required for this program. This program is excluded from coverage under E.O. 12372. This program is excluded from coverage under 2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Applications are made on-line via the Intranet at www.sba.gov/hubzone. Applicant is notified of program participation approval electronically within 30 days of receipt of a completed application, whenever practicable. Contact the headquarters or regional office, as appropriate, for application deadlines. Approximately 30 days, whenever practicable. Additional information available on SBA's website at www.sba.gov. Information available on SBA's website at www.sba.gov. Not Applicable. The HUBZone Program stimulates capital investment, creation of jobs, and economic development in distressed rural and urban communities by providing Federal contracting preferences to firms certified by SBA as 'qualified' HUBZone small businesses. Information available on SBA's website at www.sba.gov. See information at www.sba.gov. Additional information available on SBA's website at www.sba.gov. Information available on SBA's website at www.sba.gov. See information at www.sba.gov. In accordance with the provisions of 2 CFR 200, Subpart F - Audit Requirements, non-Federal entities that expend financial assistance of $750,000 or more in Federal awards will have a single or a program-specific audit conducted for that year. Non-Federal entities that expend less than $750,000 a year in Federal awards are exempt from Federal audit requirements for that year, except as noted in 2 CFR 200.503. Additional information available on SBA's website at www.sba.gov. Not applicable. Statutory formulas are not applicable to this program.
Matching requirements are not applicable to this program.
MOE requirements are not applicable to this program. See information at www.sba.gov. See the following for information on how assistance is awarded/released: Additional information available on SBA's website at www.sba.gov. See Regional Agency Offices. See Appendix IV of the Catalog of Federal Domestic Assistance under Small Business Administration. Mariana Pardo 409 3rd St., SW
8th Floor, Washington, District of Columbia 20416 Email: mariana.pardo@sba.gov Phone: 202-205-2985 http://www.sba.gov/hubzone 73-0100-0-1-376. (Salaries) FY 14 $2,248,000; FY 15 est $3,000,000; and FY 16 est $3,000,000 Additional information available on SBA's website at www.sba.gov. The HUBZone Act of 1997, the HUBZones in Native America Act of 2000, and the Small Business Administration Authorization and Manufacturing Assistance Act of 2004, and program regulations. 13 CFR Part 126. See the HUBZone website: www.sba.gov/hubzone. Not Applicable.