HUBZone: SBA Scorecard
Historically Underutilized Business Zones (HUBZone) Small Businesses are expanding and contributing to the economy at a record-breaking level. By competing for and winning federal contracts, HUBZone small businesses have supported over 61K jobs, driving job creation, innovation, and economic growth on a local, regional, and national level.
Outreach Efforts
SBA continued promotion of recent HUBZoneprogram improvements to agency contractingofficials and small businesses by hosting trainingsessions and publishing updated informationon sba.gov/HUBZone.
SBA continued collaboration with ProcurementTechnical Assistance Centers and other resourcesto help procurement-ready firms submitapplications and compete in the federalmarketplace.
Advocating for Small Business
The program fuels growth of small businesses inHUBZones by certifying eligible firms and grantingpreferential access to federal contracts.
The Federal government goal is to award at least 3%of all federal contracting dollars to HUBZone-certified small businesses each year. Visit HUBZone Program
SBA Highlights
The Federal government has exceeded the small business contracting goal for the nin th consecutive year year.
The government awarded a record -breaking $1 54.254.2* billion billion in prime in prime contracts to small business in FY 202 2021. The federal government continued an upward trajectory toward its HUBZone goal, awarding 2.53%* 2.53%* of federal dollars of federal dollars to HUBZone firms.
HUBZone-certified small businesses received over $ 14.3 billion, equating to more than 61 ,000 jobs jobs in disadvantaged communities. disadvantaged communities.
Over 2,800 HUBZone small business prime contractors (3% total Small Business vendors) received awards, and total awards averaged $5.0 million per HUBZone contract contractor .
