Q. How does a firm qualify for this program?
A. To qualify for the program, a business must meet the following criteria:
* It must be a small business by SBA size standards;
* Its principal office must be located within a HUBZone, which includes lands on federally recognized Indian reservations;
* It must be owned and controlled by one or more U.S. citizens (N.B.-this means any level of ownership in an applicant small business by another company would result in a decline). Approved ownership can also be by a Community Development Corporation or Indian tribe; and
* At least 35% of its employees must reside in a HUBZone.
View all questions in the HUBZone category of this FAQ? Take me there.