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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.


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