HUBZONE


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AcronymDefinition
HUBZONEHistorically Underutilized Business Zone
References in periodicals archive ?
Small businesses have indicated that the three-year transition period deters many companies from investing in HUBZones because the financial risk of being established in a HUBZone is offset by the short period.
The Small Business Administration has created an interactive website that provides detailed information and identifies HUBZones by state, county and specific address.
HUBZones are as small as a city block in urban areas and as large as a county in rural communities.
To fully understand the structure of the program, it is a good idea for contracting officers to draw a distinction between the certification that is offered to small businesses located in HUBZones and the actual place of performance for a requirement.
The auditors said some companies did not have their principal offices in a HUBZone, others did not employ enough residents of HUBZones and several had subcontracted more than half their work.
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.
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.