As of November 29, 2012, the SBA has certified ASET as a “qualified HUBZone small business concern”.
Enacted into law as part of the Small Business Reauthorization Act of 1997, the Historically Underutilized Business Zones (HUBZone) empowerment contracting program encourages economic development in “HUBZones” through the establishment of contracting preferences. The programs goal is to promote economic development and employment growth in distressed areas by providing access to more federal contracting opportunities.
The HUBZone program, unlike other set aside preferences, serves the community at large – not just a few small business owners. HUBZone certified companies are truly community-oriented and support our local communities by:
- Providing jobs and opportunities in under-served communities
- Expanding the tax base of under-served communities to fund critical services
- Providing an economic thrust in communities where it is most needed
The HUBZone certification, when combined with ASET’s contract vehicles and FAR Regulation 19.1306 (allowing HUBZone sole source opportunities), makes it easier to procure ASET services.
For questions or clarification on ASET Partners HUBZone or HUBZone contracting, please contact us.