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SBDC Info Session: HUBZone Program
May 9 @ 11:30 AM - 1:00 PM
Celebrating National Small Business Week: May 5 – 11, 2019
The Historically Underutilized Business Zones (HUBZone) program helps small businesses in urban and rural communities gain preferential access to federal procurement opportunities. The federal government’s goal is to award at least three percent of all federal contracting dollars to HUBZone-certified small businesses each year. This workshop, presented by Keli Krueger-Huhra (PTAC Director at Bradley University) will provide an overview of the HUBZone program, including eligibility criteria, how the program works, and maintaining HUBZone certification.
- The government limits competition for certain contracts to businesses in historically underutilized business zones. It also gives preferential consideration to those businesses in full and open competition.
- Joining the HUBZone program makes your business eligible to compete for the program’s set-aside contracts. HUBZone-certified businesses also get a 10 percent price evaluation preference in full and open contract competitions.
- HUBZone-certified businesses can still compete for contract awards under other socio-economic programs they qualify for.
To qualify for the HUBZone program, your business must:
- Be a small business
- Be at least 51 percent owned and controlled by U.S. citizens, a Community Development Corporation, an agricultural cooperative, a Native Hawaiian organization, or an Indian tribe
- Have its principal office located in a HUBZone
- Have at least 35 percent of its employees live in a HUBZone (view the HUBZone map here: https://maps.certify.sba.gov/hubzone/map#center=39.828200,-98.579500&zoom=5)
Date: Thursday, May 9, 2019
Time: 11:30 AM – 1 PM
Location: Illinois Small Business Development Center at Champaign County EDC – 1817 S. Neil Street, Suite 100, Champaign, IL 61820
RSVP: Free to attend – registration required to secure a spot. Limited space available. RSVP below, email email@example.com, or call 217-378-8535. Lunch and materials will be provided.