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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 48 - Federal Acquisition Regulations System |
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Chapter 1 - Federal Acquisition Regulation |
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SubChapter D - Socioeconomic Programs |
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Part 19 - Small Business Programs |
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Subpart 19.13 - Historically Underutilized Business Zone (HUBZone) Program |
§ 19.1301 - General.
Latest version.
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19.1301 General.
(a) The Historically Underutilized Business Zone (HUBZone) Act of 1997 (15 U.S.C. 631 note) created the HUBZone Program.
(b) The purpose of the HUBZone Program is to provide Federal contracting assistance for qualified small business concerns located in historically underutilized business zones, in an effort to increase employment opportunities, investment, and economic development in those areas.
[48 FR 42240, Sept. 19, 1983, as amended at 75 FR 77730, Dec. 13, 2010]