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The historically underutilized business zones program, often shortened to HUBZone, is a Small Business Administration program that certifies and assists businesses located (as the name suggests) in historically underutilized zones.
The SBA’s certification program verifies small businesses located in a HUBZone and subsequently provides benefits to those businesses that qualify, such as increased access to government set-aside contracts, as well as education and training. The current federal government goal is to award at least 3% of all federal contracting dollars to HUBZone businesses each year.
While top business priorities like cost reduction, risk management, and sustainability remain steady, new economic policies, tariffs, and geopolitical changes are adding new complexity to supply chain strategies. Supplier.io recently hosted a webinar on the expected...
