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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.
Gaps in supplier data create blind spots that make it harder to assess risks and discover new opportunities. Without complete and accurate information, you may be overlooking small, diverse, and sustainable suppliers who could add value to your supply chain....
