HUBZones – Everything you need to know

Did you know that at the end of 2016 and in early 2017 there were map changes to the qualified HUBZone areas throughout the U.S., including Iowa?

Iowa has a number of counties that have increased areas that are now HUBZone qualified!

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Written by: Julie Fagle
Government Contracting Specialist

Iowa HUBZone Facts:

  • Twenty businesses in Iowa are currently HUBZone qualified (2016 – 15 qualified businesses)
  • $17.7 million dollars were awarded to Iowa HUBZone businesses in 2016

Referenced below are counties that have qualified HUBZone areas. Please keep in mind there are designated areas within the county, and HUBZone status is not applicable to the county in its entirety.

                                          Iowa HUBZones
Appanoose County Lee County Story County
Black Hawk County Linn County Tama County
Bremer County Lucas County Union County
Cerro Gordo County Mahaska County Wapello County
Clinton County Marshall County Webster County
Dallas County Montgomery County Woodbury County
Davis County Muscatine County Indian Reservations
Decatur County Polk County Omaha IA
Des Moines County Pottawattamie County Winnebago IA
Dubuque County Poweshiek County Sac and Fox/Meskwaki IA
Johnson County Scott County

HUBZone Overview – Federal Preference Program

The Historically Underutilized Business Zones (HUBZone) program was enacted into law as part of the Small Business Reauthorization Act of 1997.  The program falls under the auspices of the U.S. Small Business Administration. The program encourages economic development in historically underutilized business zones – “HUBZones” – through the establishment of preferences.

SBA’s HUBZone program is in line with the efforts of both the Administration and Congress to promote economic development and employment growth in distressed areas by providing access to more federal contracting opportunities.

Program Benefits

  • Competitive and sole source contracting – Federal Contracting, Direct
  • 10% price evaluation preference in full and open contract competitions – Federal Contracting, Direct
  • Opportunities with large prime contractors that hold small business subcontracting plans, as they have HUBZone goals within the plan – Federal Contracting – Indirect

Requirements (Determine if you meet ALL the eligibility requirements below)

If you would like to learn more about the HUBZone program, feel free to reach out to your local Government Contracting Specialist. I can be reached at jafagle@iastate.edu or 319-310-8612.

 

Retrieved from HUBZone Program. (n.d.). In SBA Contracting.