Historically Underutilized Business Zones - as designated by 'qualified census tracts' through the Small Business Administration. These areas offer incentives to new small businesses.
The HUBZone program fuels small business growth in historically underutilized business zones with a goal of awarding at least 3% of federal contract dollars to HUBZone-certified companies each year.
This program seeks to encourage economic development in historically underutilized business zones - HUBZones - through the establishment of preferences for award of Federal contracts to small business