HUBZone Program
Active
- Assistance listing
- 59.055
- Grant awards
- Not on record
Program facts
- Treasury account
-
- 73-0100-0-1-376
- More information
Program details come from SAM.gov Assistance Listings. Updated .
About this program
The Small Business Administration operates the HUBZone Program (CFDA 59.055) to provide federal contracting assistance for qualified small businesses located in Historically Underutilized Business Zones, with the goal of increasing employment opportunities, investment, and economic development in those areas.
This is a contracting-assistance program, not a grant program in the traditional sense. The SBA certifies eligible small businesses to compete for federal contract set-asides and contracting preferences; it does not disburse grants or project funding to recipients. Consequently, the source contains no grant awards portfolio, recent grant opportunities, or award-amount data. The program functions as a certification and eligibility pathway rather than a funding instrument.
To participate, a firm must be a small business under SBA Size Standards, 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. The firm's principal office must be located in a HUBZone, and at least 35 percent of its employees must be residents of a HUBZone. The SBA notifies applicants of certification approval electronically within 90 days of receipt of a completed application, typically within an average of 60 days.
Because HUBZone operates as a federal contracting preference program rather than a grant-funding line, it is not a suitable target for organizations pursuing federal grant funding in the traditional sense. Organizations seeking to leverage federal funding through contracting opportunities may explore whether their business model aligns with HUBZone eligibility; those pursuing project grants, cooperative agreements, or other assistance types should evaluate programs in different Assistance Listings. Additional program details are available on the SBA website.
Objective and description
- Objective
The purpose of the HUBZone program is to provide federal contracting assistance for qualified small business concerns (SBCs) located in Historically Underutilized Business Zones in an effort to increase employment opportunities, investment, and econo
- Description
The purpose of the HUBZone program is to provide federal contracting assistance for qualified small business concerns (SBCs) located in Historically Underutilized Business Zones in an effort to increase employment opportunities, investment, and economic development in such areas.
Eligibility
- Applicant eligibility
To be eligible to participate in the program, a firm must (1) be a small business (as defined by SBA Size Standards), (2) be at least 51% owned and controlled by one or more U.S. citizens, a Community Development Corporation, an agricultural cooperative, a Native Hawaiian Organization, or an Indian tribe, (3) be located (principal office) in a HUBZone, and (4) certify that least 35 percent of its employees are residents of a HUBZone.
- Beneficiary eligibility
The HUBZone Program is precisely targeted to provide contract opportunities - revenue sources - to firms located in approximately 20,375 qualified census tracts, 613 qualified non-metropolitan counties, 593 qualified Indian Lands, 125 qualified base closure areas, and 95 Qualified Disaster Areas.
- Uses of assistance
The HUBZone Program stimulates capital investment, creation of jobs, and economic development in distressed rural and urban communities by providing Federal contracting preferences to firms certified by SBA as 'qualified' HUBZone small businesses.
- Length and time phasing of assistance
See information at https://www.sba.gov/contracting/government-contracting-programs/hubzone-program. See the following for information on how assistance is awarded/released: Additional information available on SBA's website at https://www.sba.gov/contracting/government-contracting-programs/hubzone-program.
How to apply
- Award procedure
Applicant is notified of program participation approval electronically within 90 days of receipt of a completed application, whenever practicable.
- Time to approval or disapproval
An average of 60 days from the receipt of a complete application.
- Renewals
Information available on SBA's website at https://www.sba.gov/contracting/government-contracting-programs/hubzone-program.
- Appeals
Additional information available at https://www.sba.gov/contracting/government-contracting-programs/hubzone-program.
Quick answers
What is Assistance Listing 59.055?
Assistance Listing 59.055 is HUBZone Program, a federal grant program run by Small Business Administration.
What is the CFDA number for HUBZone Program?
Its CFDA number is 59.055: Assistance Listing numbers were called CFDA numbers before 2018.
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