HUBZone Certification 2 Historically Underutilized Business Zone HUBZone
HUBZone Certification 2
Historically Underutilized Business Zone (HUBZone) Certification Stimulate capital investment Build capacity and grow Access HUBZone setaside contract dollars 3
HUBZone Program Purpose What is a HUBZone? Historically Underutilized Business Zone EMPLOYMENT OPPORTUNITIES HUBZone CAPITAL INVESTMENT ECONOMIC LEVERAGE 4
Is the HUBZone Certification Appropriate for You? 51% ownership requirement Exceptions for certain groups Located in a HUBZone NAICS code requirements No minimum time in business 35% employee requirement SBA size standards 5
SBA HUBZone Responsibilities Implements and Regulates Program Streamlines Certification Process Determines and Adjudicates Eligibility Maintains Certification Listing 6
HUBZone Eligibility and Requirements Ownership Principal Office 35% Residency 51% owned by U. S. Citizens Located in a HUBZone 35% of employees in HUBZone Size SBA size standards HUBZone Location Review HUBZone locations 7
HUBZone Application Process BEFORE APPLICATION • • View the HUBZone Primer Register for a DUNS number Identify NAICS code(s) Register with SAM APPLY FOR CERTIFICATION • Review application guide • Gather supporting documentation • Apply using the General Login System DOCUMENTATION • Verify requested information • Submit supporting documentation • Update SAM profile once approved 8
Supporting Documentation Requirements 05 Ownership, Control and Structure 04 Principal Office Size and Affiliation 03 02 35% Residency Requirement 01 Signed HUBZone Program Certification Signature Sheet 9
HUBZone Site Visits and Re-certification • • Participate in site visits Meet HUBZone criteria Maintain SBA standards Recertify every 3 years 10
Getting the Most Out of Your HUBZone Certification Qualify for set-aside or sole source contract awards – increasing prime and subcontracting opportunities Opportunity to build capacity and grow by establishing Joint Ventures and participating in the All Small Mentor-Protégé Program Access to training, management and technical assistance programs, guaranteed loans and bonding assistance 11
Oklahoma District Office 301 NW 6 th Street Suite 116 Oklahoma City, OK 73102 12
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