Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

HUBZone Eligibility

534 views

Published on

5 basic hubzone program eligbility requirementsi

Published in: Business, News & Politics
  • Be the first to comment

  • Be the first to like this

HUBZone Eligibility

  1. 1. HUBZONE CERTIFICATION ARE YOU ELIGIBLE A video to assist in determining whether you are eligible for HUBZONE Certification.
  2. 2. HUBZONE Getting Started ELIGIBILITY Step 1 – Confirming your HUBZONE Eligibility 1. Your business concerns principal office must be located in a Do you meet the 5 qualified SBA designated HUBZONE. basic HUBZONE  Principal office means the location eligibility where the greatest number of the business concerns employees at requirements? any one location perform their work. Requirement #1 For those business concern’s whose primary industry is service or construction, the determination of To Verify: principal office excludes the http://map.sba.gov/hubzone/maps/ business concerns employees who perform the majority of their work at job-site locations to fulfill specific contract obligations.Cloveer, Inc. www HHH.cloveer.com WWW.CLOVEER.COM | 813-333-Your HUBZONE Specialists 5800
  3. 3. HUBZONE Getting Started ELIGIBILITY Step 1 – Confirming your HUBZONE Eligibility Do you meet the 5 basic HUBZONE eligibility requirements? Requirement #1 To Verify:http://map.sba.gov/hubzone/maps/
  4. 4. HUBZONE Getting Started ELIGIBILITY Step 1 – Confirming your HUBZONE Eligibility 2. Your business concern must be at least 51% unconditionally Do you meet the 5 and directly owned and controlled by persons who are US citizens. basic HUBZONE  Unconditionally and directly eligibility owned means directly owning at least 51% of the business concern. requirements?  Control means both the day-to-day management and long term decision Requirement #2 making authority for the business concern.Cloveer, Inc. www HHH.cloveer.com WWW.CLOVEER.COM | 813-333-Your HUBZONE Specialists 5800
  5. 5. HUBZONE Getting Started ELIGIBILITY Step 1 – Confirming your HUBZONE Eligibility 3. 35% of your business concerns employees must reside in a Do you meet the 5 SBA designated HUBZONE.  Employee means any individual basic HUBZONE employed on a full-time, part-time, eligibility basis, so long as that individual requirements? works a minimum of 40 hours per month. This includes employees obtained from a temporary agency, Requirement #3 leasing concern, or through a union agreement or a professional employer organization (PEO). To Verify:http://map.sba.gov/hubzone/maps/  Reside means to live in a primary residence for at least 180 days, or as a currently registered voter. (Drivers License, State Issued ID or Voters Registration Card)Cloveer, Inc. www HHH.cloveer.com WWW.CLOVEER.COM | 813-333-Your HUBZONE Specialists 5800
  6. 6. HUBZONE Getting Started ELIGIBILITY Step 1 – Confirming your HUBZONE Eligibility 4. Your business concern must be classified as a small business Do you meet the 5 as defined by the SBA. basic HUBZONE  Small business means the eligibility business concern, with its affiliates, must meet the size standard requirements? corresponding to its primary industry classification. Requirement #4  Example- Business Concern performing Commercial Construction with a NAICS code of 236220. Size To Verify: Standard of $33.5M. $33.5 averaged http://www.sba.gov/size over last three tax years.Cloveer, Inc. www HHH.cloveer.com WWW.CLOVEER.COM | 813-333-Your HUBZONE Specialists 5800
  7. 7. HUBZONE Getting Started ELIGBILITY Step 1 – Confirming your HUBZONE Eligibility 5. Certify that when performing a HUBZONE contract, at least Do you meet the 5 35% of it’s employees engaged in performing that contract will reside within a SBA designated HUBZONE. basic HUBZONE eligibility  The business concern must attempt requirements? to maintain that applicable percentage state above during the performance of any HUBZONE Requirement #5 contract It receives.To View the Current HUBZone Regs: http://www.tinyurl.com/hubzoneregCloveer, Inc. www HHH.cloveer.com WWW.CLOVEER.COM | 813-333-Your HUBZONE Specialists 5800
  8. 8. HUBZONE Getting Started ELIGBILITY 5 Reasons to use Cloveer Inc. to prepare your HUBZONE Application! 1. Our Average client approval is 90 days or less. 5 Reasons to use 2. We have a 100% approval rate and have never had a client HUBZone Cloveer Inc. to prepare Application denied by the SBA since we spend the time to make sure all information submitted meet the SBA regulations. your HUBZONE Application. 3. We fully understand all of the latest SBA HUBZone rules and regulations that govern the eligibility of the principals and business concern. 813-333-5800 4. Our fee for the entire service is fixed. Dont be fooled into choosing another consultant who will prepare your HUBZone Application at some rock bottom price. They will usually just nickel and dime you with add-ons fees after signing up and you may very well end up paying more in the long run. To learn more:http://www.cloveer.com/hubzone.html 5. We work with our clients to make sure all potential eligibility issues are solved prior to submission and attempt to pre-empt any potential questions by the SBA to expedite the review and approval process.Cloveer, Inc. www HHH.cloveer.com WWW.CLOVEER.COM | 813-333-Your HUBZONE Specialists 5800
  9. 9. THANKS FOR WATCHING Visit Cloveer, Inc. at www.cloveer.com or call 813-333-5800 Your SBA HUBZONE, 8(a) and WOSB Specialists

×