The Historically Underutilized Business Zones (HUBZone) program helps small businesses in urban and rural communities gain access to federal procurement opportunities. The program is location driven. Your business has to be located in a hubzone and 35% of your employees have to reside in a hubzone. There is no time limit associated with the program. the hard part is the 35% of employees residing in a hubzone. All the Federal Contracts have Davis Beacon requirements and those pay scales are usually more that the pay scale of a resident in a hubzone so the employees will move their families to a nicer neighborhood. your 35% number is hard to maintain.
Advantages of the program. If the contract is listed as hubzone there is less competition. On contracts that are normally bid a hubzone company is given a 10% price evaluatin preferance because of the hubzone certification.
Also the hubzone areas are determined by census.The census is done every 10 years. You can check your location @ www.sba.gov/content/hubzone-maps to see if you are qualified for this program. The next step is to go program eligibility requirements and application process by going to www.sba.gov/HUBZone.
Michael D. Channell