HUBZone Quick Facts
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HUBZONE QUICK FACTS
HUBZONES AND HUBZONE CONTRACTS
The Historically Underutilized Business Zones (HUBZone) Contracting program was enact- ed into law as part of the Small Business Reauthorization Act of 1997. Under the supervision of the U.S. Small Business Administration, the program encourages economic development in historically underutilized business zones - “HUBZones” - through the establishment of the preference that the federal government will award 3% of all federal prime contract- ing dollars to HUBZone-certified small businesses each year. SBA’s HUBZone program is in line with the efforts of both the Administration and Congress to increase employment opportunities, investment, and economic development in certain distressed areas by providing access to more federal contracting opportunities. A recent 2019 regulation adjustment to the program will make it more attractive to small businesses to invest in HUBZone’s and hire HUBZone residents, providing greater impact to communi- ties, and making it easier for federal agencies to meet their goals to award the necessary contracts.
HUBZones in the 48 contiguous US states shown in dark gray. Blue dots represent HUBZone firms who have won contracts*. Dot size increases with size of contract.
Benefits
$ 10% price evaluation
$
Eligibility for HUBZone set-aside and sole source contracts
preference in full and open contract competitions
CREATING HOMES FOR BUSINESSES SINCE 1967 ®
HUBZONE QUICK FACTS (continued...)
Eligibility Requirements
The business must be small by SBA standards according to the firm’s North American Industry Code System (NAICS code). The business must be owned and controlled at least 51% by U.S. citizens, a Community Development Corporation, an agricultural cooperative, a Native Hawaiian organizaationor an Indian tribe.
The business’ principal office must be located in a HUBZone. Principal office is defined as the office where the greatest number of employees work.
At least 35% (round up) of all of the business’ employees must reside in a HUBZone.
For More Information
Meet with your local SBA District Office to discuss opportunities for contracting. Find your District Office: www.sba.gov/local-assistance For more information about Government Contracting, visit http://www.sba.gov/contracting The HUBZone Helpdesk can be reached at: hubzone@sba.gov
Find out if you are in a HUBZone at www.sba.gov/content/hubzone-maps
The HUBZone Program Office holds virtual Office Hours every week. Check out the HUBZone website for details: www.sba.gov/hubzone
Merritt Properties in HUBZones
100 West
Towson, MD
Baltimore County
3401 Boston Street 729 East Pratt Street
Baltimore, MD Baltimore, MD Baltimore, MD Calverton, MD Baltimore, MD Baltimore, MD Baltimore, MD Baltimore, MD Manassas, VA Baltimore, MD Baltimore, MD Baltimore, MD Baltimore, MD
Baltimore City Baltimore City
bwtech@UMBC Research & Technology Park
Baltimore County
Calverton Corporate Park
Prince George’s County
DeSoto Center
Baltimore City
Hollins Ferry Three
Baltimore County Baltimore County Baltimore County
Lansdowne Industrial Park Merchant Industrial Center Merritt I-66 Business Park Merritt on Biddle Street Patapsco Business Center
Prince William County
Baltimore City Baltimore City Baltimore City Baltimore City
Seton Business Park
Sinclair Business Center
The Exchange
Towson, MD
Baltimore County
CREATING HOMES FOR BUSINESSES SINCE 1967 ®
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