The HUBZone Empowerment Contracting 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. If you are eligible, visit Applying for the HUBZone Program, as well as Maintaining the HUBZone Certification. Don’t know if you are in a HUBZone? Check out the HUBZone Map. Click here for more information on the South Norfolk HUBZone or visit http://www.sba.gov/hubzone
Please contact us to further explore possible incentives for your project.
View the Questionnaire to determine what information will be needed to qualify for incentives.
Company submits application
CED qualifies project
Incentive offer letter sent to company
EDA & City Council adopt resolution
Company & City sign Development Agreement
Disbursement of Funds
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