The eligibility requirements for the HUBZone program are as follows:
- Small Business Status: The business must qualify as a small business according to the Small Business Administration’s (SBA) size standards for its primary industry.
- Principal Office Location: The business must have its principal office located in a designated HUBZone. HUBZones are typically economically disadvantaged areas with low median household incomes or high unemployment rates.
- Ownership: At least 51% of the business must be owned and controlled by U.S. citizens, a Community Development Corporation, an Indian Tribe, an Alaska Native Corporation, a Native Hawaiian Organization, or a small agricultural cooperative.
- Employee Residency: The business must ensure that at least 35% of its employees reside in a HUBZone. This requirement applies during the performance of any HUBZone contract the business receives.
- Certification: The business must be certified as a HUBZone small business by the SBA. This involves completing the necessary application and providing supporting documentation to demonstrate eligibility.
Meeting these eligibility requirements allows a business to participate in the HUBZone program and gain access to federal contracting opportunities with set-aside preferences. It is important to note that maintaining compliance with the program’s requirements is essential to retain HUBZone certification and continue benefiting from the program.
You can check if your business qualifies for a HUBZone Certification below!