HUBZone Program History

1
HUBZone Program History

• In 1997, Senator Christopher Kit Bond, then
  Chairman of the Small Business Committee, crafts
  legislation to link preferences for award of
  Federal contracts to small businesses located in
  economically dormant areas (HUBZones).
• In 2004, Congressman Bartlett creates and
  Co-Chairs the Congressional HUBZone Caucus

2
HUBZone Program Purpose

• Provide Federal contracting assistance to
  qualified small business concerns located in
  historically underutilized business zones
  (HUBZones) to

• Increase employment opportunities
• Stimulate capital investment in those areas
• Empower communities through economic leveraging
  and the multiplier effect.

3
HUBZone Contracting Benefits

• HUBZone set-aside awards Rule of Two
• Sole source awards
• Awards through full and open competition after
  application of 10 price evaluation preference
  (PEP)
• Subcontracting Opportunities

4
Program Eligibility

• Firm must be 50 American owned
• Firm must be a small business
• Firms principal (largest) office must be in a
  HUBZone
• 35 of the firms employees must live in a
  HUBZone

5
Program Information

• Go to the HUBZone web-site, www.sba.gov/hubzone

6
HUBZone Portfolio

• Total Portfolio 11,500
• HUBZone firms total average annual receipts
  24.8 Billion
• HUBZone firms total employment 240,000 employees

7
HUBZone Portfolio, Firm Demographics

• 8(a) Firms 16.3
• WOBs 29.3
• Veteran Owned Firms 21
• Service Disabled Veteran Firms 3.8
• Minority Owned Firms 42
• African American Owned Firms 22
• Hispanic Owned Firms 9.4
• Native American Owned Firms 8.3
• Asian Owned Firms 3.5

8
Federal Government HUBZone Contracting Awards by
Fiscal Year

• FY 1999 Goal - 1 Actual - not available
• FY 2000 Goal 1.5 Actual - 663.3M (.33)
• FY 2001 Goal 2.0 Actual - 1.7 B (.72)
• FY 2002 Goal 2.5 Actual - 1.7 B (.71)
• FY 2003 Goal 3.0 Actual - 3.4 B (1.23)
• FY 2004 Goal 3.0 Actual - 4.8 B (1.59)
• FY 2005 Goal 3.0 Actual - 6.1B (1.91)
• FY 2006 Goal 3.0 Actual 7.2B (2.10)
• FY 2007 Goal 3.0 Actual - 8.4B
  (2.24)

9

HUBZone Contracting--

• Its Good For America!
• POC Ron Newlan
• HUBZone Council
• HUBZonecouncil_at_aol.com
• 301-881-7012