The Historically Underutilized Business Zones or HUBZone Program is a small business Federal contracting program that was created in 1997 to encourage economic development in HUBZones. These areas typically have low median household incomes and/or high unemployment rates. HUBZone program benefits include set-aside and sole-source opportunities, a 10% price evaluation preference in full and open contract competitions, and subcontracting opportunities. Unlike self-certifying programs, there is an application process for the HUBZone program so it’s important that you’re prepared for it.
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Here are the five steps you need to take to apply for the HUBZone program.