Historically Underutilized Business Zone (HUBZone)

A Historically Underutilized Business Zone (HUBZone) is a designation for areas that have experienced economic challenges and lower business activity. The U.S. Small Business Administration (SBA) created the HUBZone program to encourage economic growth by helping small businesses in these areas gain competitive advantages. Businesses located in or serving HUBZones can receive benefits such as priority in government contracting, which can lead to increased opportunities and growth. The goal is to promote economic development and job creation in communities that need it most by supporting local small businesses.