Incentives

The HUBZone Program from the U.S. Small Business Administration (SBA) helps promote job growth, capital investment, and economic development to historically underutilized business zones, referred to as HUBZones, by providing contracting assistance to small businesses located in these economically distressed communities.
To qualify for the program, a business (with the exception of tribally-owned concerns) must meet the following criteria:

• It must be a small business by SBA standards;
• It must be at least 51% owned and controlled by U.S. citizens, or a Community Development Corporation, or an agricultural cooperative, or an Indian tribe;
• Its principal office must be located within a “Historically Underutilized Business Zone,” which includes lands considered “Indian Country” and military facilities closed by the Base Realignment and Closure Act; and
• At least 35% of its employees must reside in a HUBZone.