The Small Business Administration has created an interactive website that provides detailed information and identifies HUBZones by state, county and specific address.
Destination: HUB will promote and highlight HUBZones for opportunities in federal procurement.
Instead of being incubators for growth and development, HUBZones have become breeding grounds for fraud and abuse," Rep.
ArdentMC's new SBA HUBZone designation means Federal program managers, contracting officers, and contracting specialists will have an easy avenue to allow ArdentMC and other HUBZones to deliver their services, assisting Federal agencies in meeting small business contracting goals and supporting President Obama's goal of helping bring new jobs to those who need them around the country.
In an innovative arrangement, each region of the country will be set aside for one of the socioeconomic groups; 8(a) firms will compete with 8(a)'s, HUBZones with HUBZones and SDVs with SDVs.
Four companies listed addresses in HUBZones that were discovered to be rented post-office boxes.
All military establishments affected by BRAC will now be designated as HUBZones to spur economic growth in economically depressed areas for small businesses and stimulate growth in the nation's economy," said SBA Administrator Hector V.
An independent study for SBA's Office of Advocacy concluded, "The [economic] impact in two-thirds of all HUBZones is nil.
A study prepared for SBA's Office of Advocacy concluded, "The [economic] impact in two-thirds of all HUBZones is nil.