HubZone Certification Gives Small Entrepreneurs an Uninhibited Access to the Federal Marketplace
While the government has introduced several schemes and grants to financially sustain the small scale business across the United States, Hubzone certification is one of the most preferred ones. For more info visit: https://www.governmentmarketing.com/hubzone-certification
While the government has introduced several schemes and grants to financially sustain the small scale business across the United States, Hubzone certification is one of the most preferred ones. For more info visit: https://www.governmentmarketing.com/hubzone-certification
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HubZone Certification Gives Small Ent
repreneurs an Uninhibited Access to
the Federal Marketplace
While the government has introduced several schemes and grants to financially sustain the small scale
business across the United States, Hubzone certification is one of the most preferred ones. It
helps entrepreneurs gain access to the government contracts, but there’s no straightforward route,
which means owners cannot directly apply for the Hubzone certification. And, it is solely supervised by
the SBA or Small Business Administration.
If you own a HubZone Certification, it comes with a plethora of benefits:
• Access to loans: A Hubzone qualified small business is entitled to have the privilege of additional
bonding and loan programs accessibility. Apart from this, a qualified HubZone business is sure to
get hubzone grants, for being located in the underemployed region essentially.
• Cost advantage: The major advantage of a hubzone certification is that the small business owners get
some preferential treatment during placing bids for the federal government contracts.
The hubzone registered firm is allowed for 10% of cost advantage while bidding on
the federal government contracts, unlike the non-registered firms.
• Being a part of Fortune 500: If your business is registered as a SBA certified firm, you get to enjoy
certain preferences. These SBA certified firms get access to do business with large conglomerates which
are also under Fortune 500, for assisting them in completing the federal government contracts. The
contract value of about 5 million is the minimum amount that the larger firm bids for. So, as a smaller
organization with HubZone Certification, you get to have the opportunity of being a part of this huge
project and gain potential experience.
Federal Goals as per budget
The fed government has its own budget decided for different government branches. However, the goal
increases at regular interval every year. With every increase nearly 50% more amount of dollars is added
to the hubzone program of the SBA. The annual procurement of all firms with HubZone Certification is
estimated at around $8 million to $9 million.
Need to immediate application for hubzone certification
One of the major reasons for applying to get hubzone certification is the lengthy procedure taken by the
SBA for approving the certificate. If you apply today and submit the initial application, it would take a
minimum of 6 months to get approval from the SBA.
Do not ever wait for the time where you have lost a potential contract and need some help in
getting access to these federal contracts. Then you would have to wait for another 6 months and it
would be a hard time to sustain the business. It is better to get equipped with the certification weapon
and use it whenever you are in need. This SBA Hubzone certification is also available for a company with
a single employee. Losing this opportunity won’t be a great idea in any situation.
About the Company
Government Marketing Inc. has been helping small businesses, since 2009 to utilize their SBA
Certifications and the GSA to its full potential. Business partners Mark Ryan and Todd Luttenegger
are the brains behind this organization, who walk an extra mile to get the disadvantaged entrepreneur
to get the financial foothold.
For more info visit: https://www.governmentmarketing.com/hubzone-certification