HUBZone Program

E40273

The HUBZone Program is a federal initiative that helps small businesses in historically underutilized business zones gain preferential access to government contracting opportunities to stimulate economic development in those areas.

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AI-generated illustration of HUBZone Program

This AI-generated illustration was produced by black-forest-labs/FLUX.2-dev (1024x1024) from a prompt written by openai/gpt-oss-120b from the entity's label + description.

Prompt

Generate an image of the HUBZone Program (The HUBZone Program is a federal initiative that helps small businesses in historically underutilized business zones gain preferential access to government contracting opportunities to stimulate economic development in those areas.)

All labels observed (3)

Label Occurrences
HUBZone Program canonical 3
HUBZone 1
HUBZone Small Business Program 1

How this entity was disambiguated

Statements (46)

Predicate Object
instanceOf United States federal government program ⓘ
small business assistance program ⓘ
abbreviation HUBZone ⓘ
linked to: HUBZone Program
administeredBy U.S. Small Business Administration ⓘ
administeredThrough SBA Office of Government Contracting and Business Development ⓘ
aimsTo channel federal contracting dollars to underserved communities ⓘ
appliesTo federal executive agencies ⓘ
benefits competitive advantage in federal procurements ⓘ
increased access to federal contracting opportunities ⓘ
contractingMechanism price evaluation preference ⓘ
set-aside competitions ⓘ
sole-source awards ⓘ
country United States ⓘ
eligibilityRequirement at least 35 percent of employees must reside in a HUBZone ⓘ
business must be a small business under SBA size standards ⓘ
business must be at least 51 percent owned and controlled by U.S. citizens or qualifying entities ⓘ
principal office must be located in a designated HUBZone ⓘ
establishedBy United States Congress ⓘ
focusesOn historically underutilized business zones ⓘ
fundingSource United States federal government ⓘ
geographicBasis census tracts and non-metropolitan counties ⓘ
hasDesignation HUBZone-certified small business concern ⓘ
implementedThrough federal procurement regulations ⓘ
legalAuthority 15 U.S.C. 631 et seq. ⓘ
Small Business Act ⓘ
monitoredBy U.S. Small Business Administration ⓘ
policyArea community development ⓘ
economic development ⓘ
small business policy ⓘ
provides price evaluation preference in full and open competition ⓘ
set-aside contracts for HUBZone small businesses ⓘ
sole-source contracts for HUBZone small businesses ⓘ
purpose increase employment in HUBZone areas ⓘ
provide federal contracting opportunities to small businesses ⓘ
stimulate economic development in historically underutilized business areas ⓘ
relatedTo 8(a) Business Development Program ⓘ
Service-Disabled Veteran-Owned Small Business Program ⓘ
Women-Owned Small Business Federal Contracting Program ⓘ
requires certification by the U.S. Small Business Administration ⓘ
maintenance of eligibility criteria during certification period ⓘ
sector government contracting ⓘ
supports job creation in distressed areas ⓘ
revitalization of low-income communities ⓘ
targetAudience small business concerns ⓘ
uses geographic maps of HUBZone areas ⓘ
website https://www.sba.gov/federal-contracting/contracting-assistance-programs/hubzone-program ⓘ

How these facts were elicited

Referenced by (5)

Full triples — surface form annotated when it differs from this entity's canonical label.

HUBZone Program → abbreviation → HUBZone ⓘ
linked to: HUBZone Program
FAR Part 19 – Small Business Programs → coversProgram → HUBZone Small Business Program ⓘ
linked to: HUBZone Program