Historically Underutilized Business Zone (HUBZone)
The Historically Underutilized Business Zones (HUBZone) program was enacted into law as part of the Small Business Reauthorization Act of 1997. The program falls under the auspices of the U.S. Small Business Administration. The program encourages economic development in historically underutilized business zones - "HUBZones" - through the establishment of preferences.
SBA's HUBZone program is in line with the efforts of both the Administration and Congress to promote economic development and employment growth in distressed areas by providing access to more federal contracting opportunities.
How the HUBZone Program Works
The SBA regulates and implements the HUBZone program. SBA does the following:
Determines which businesses are eligible to receive HUBZone contracts
Maintains a listing of qualified HUBZone small businesses that federal agencies can use to locate vendors
Adjudicates protests of eligibility to receive HUBZone contracts
Reports to the Congress on the program's impact on employment and investment in HUBZone areas.