The SBA’s 8(a) Business Development program, created by the Small Business Act, is a business development program whose aim is to help small disadvantaged businesses compete in the US economy. It is a 9-year program designed to assist companies gain access to the resources necessary to develop as small businesses. One way this goal is [...]
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HUBZone stands for Historically Underutilized Business Zone and is a program that was created by the provisions contained in the Small Business Reauthorization Act of 1997. The purpose of the HUBZone program is to promote economic development and employment in distressed areas by providing access to federal contracting opportunities for small businesses.
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