HUBZone

Small businesses located within Nashua’s Historically Underutilized Business Zones (HUBZone) gain preferential access to federal procurement opportunities. The federal government has a goal of awarding 3% of all dollars for federal prime contracts to HUBZone-certified small business concerns. Qualified Nashua HUBZone-certified companies can receive an advantage during competitive and sole source contracting opportunities provided by federal agencies and many of the prime defense contractors doing business in the Greater Nashua area.

Eligibility

To qualify for the program, a business must meet the following criteria:

• It must be a small business by SBA standards
• It must be owned and controlled at least 51% by U.S. citizens, or a Community Development Corporation, an agricultural cooperative, or an Indian tribe
• Its principal office must be located within a “Historically Underutilized Business Zone,” 
• At least 35% of its employees must reside in a HUBZone.

To find out more about the HUBZone program to to begin the application process, visit the HUBZone page found on the Small Business Administration website.