Small Business Administration: Extra Actions are Needed to Certify and Display HUBZone Business and Assess Program Results, Congressional Testament

The Small Business Admin ¿ s. (SBA) Historically Underutilized Organization Zone (HUBZone) program offers fed. contracting support to small firms located in economically distressed locations, with the intent of stimulating economic dev ¿ t. Questions have actually been raised about whether the program is targeting the locations and services that Congress intended to assist. This testimony focuses on: (1) the requirements and procedure that SBA uses to recognize and map HUBZone locations; (2) the systems SBA uses to ensure that only qualified small companies take part in the program; and (3) the actions SBA has actually required to assess the outcomes of the program and the level to which fed. agencies have fulfilled HUBZone contracting goals. Includes advise. Illus.

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