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Small Business Administration: Additional Actions are Needed to Certify and Monitor HUBZone Business and Assess Program Results: Congressional Testimony
William B. Shear (au)
The Small Business Adminís. (SBA) Historically Underutilized Business Zone (HUBZone) program provides fed. contracting assistance to small firms located in economically distressed areas, with the intent of stimulating economic devít. Questions have been raised about whether the program is targeting the locations and businesses that Congress intended to assist. This testimony focuses on: (1) the criteria and process that SBA uses to identify and map HUBZone areas; (2) the mechanisms SBA uses to ensure that only eligible small businesses participate in the program; and (3) the actions SBA has taken to assess the results of the program and the extent to which fed. agencies have met HUBZone contracting goals. Includes recommend. Illus.
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