Starting a Business: Lesson 6
HUBZone Certifications
East Tennessee PTAC counselor, Jutta Bang, teaches you about HUBZone Certifications.
Topics:
- Government Small Business Contracting Goals
- HUBZone
- How to Get Certified
Test Your Knowledge
To receive credit for taking this course through TSBDC, watch the video and take the quiz that will appear below to demonstrate your knowledge.
Video Lesson Topics
- 0:23
- Government Small Business Contracting Goals
The government has small business contracting goals for all agencies.
- 23% for small businesses
- 5% for women owned businesses
- 5% for small, disadvantaged businesses
- 3% for service disabled veteran-owned businesses
- 3% for HUBZone businesses
- 0:42
- HUBZone
HUBZone stands for historically underutilized business zones. The Small Business Administration has a website where you can check if your address is eligible. To find it, Google, “HUBZone map” and enter the address in the top left text box. To be eligible, you must be a small business at least 51% owned by US citizens, and at least 35% of employees must live within any HUBZone. The principle office must be located in a HUBZone.
- 1:19
- How to Get Certified
In order to get certified, you need to be registered in The System for Award Management (SAM). Create a general login system account, and apply online through the HUBZone portal. Then, upload the supporting documentation; the application is processed through the US Small Business Administration. Your HUBZone status must be certified each year. With your new status, market yourself by first updating your capability statement and letting your customers know of your certification.
Topics & Lessons
Each Below Topic Contains a Video Lesson and Helpful Downloadable Information
Benefits and Risks
Getting Started
Optional Certifications for Contracting
Capabilities Statements
PTAC
HUBZone Certifications
Want to learn more about how this topic relates to your business?
Schedule a meeting with one of our consultants! All counseling sessions offered by the TSBDC are no-cost and provided by our staff of professional business consultants.
End of Chapter
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