Definition
HUBZone means a historically underutilized business zone, which is an area located within one or more:
- Qualified census tracts;
- Qualified non-metropolitan counties;
- Lands within the external boundaries of an Indian reservation;
- Qualified base closure area; or
- Redesignated area.
To determine if a location (residence or business) is in a HUBZone, the SBA web site has a feature the make this determination found at
The primary goal of the program is to create incentives for the U.S. federal government to do contracting with businesses that operate and create jobs in communities with statistically proven economic needs.
Read more about this topic: HUBZone
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