Detailed Answer
HUBZone eligibility requirements:
**Location Requirements:**
- Principal office in a HUBZone
- 35% of employees must reside in HUBZones
- Can verify addresses on HUBZone map
**Business Requirements:**
- Small business under SBA standards
- U.S. citizens own at least 51%
- Operating business (not shell company)
**What is a HUBZone?**
- Historically Underutilized Business Zone
- Includes qualified census tracts
- Qualified non-metropolitan counties
- Indian reservations
- Redesignated areas
**Benefits:**
- HUBZone set-aside contracts
- 10% price evaluation preference
- Subcontracting credit for primes
**Maintaining Certification:**
- Re-certify every 3 years
- Maintain 35% HUBZone residency
- Keep principal office in HUBZone
- Report changes within 30 days
Want the full picture?
This answer is part of our comprehensive guide on this topic.
Read Full Guide: Understanding Set-Asides: Small Business Preference Programs
