"The Historically Underutilized Business Zone Empowerment Contracting (HUBZone) program provides participating small businesses located in areas with low income, high poverty, or high unemployment with contracting opportunities in the form of set-asides, sole-source awards, and price-evaluation preferences. Its primary objectives are job creation and increased capital investment in distressed communities. Firms must be certified by the SBA [Small Business Association] to participate in the program. As of December 15, 2017, the SBA's Dynamic Small Business Search database included 5,961 firms with active HUBZone certifications. [...] This report examines arguments both for and against targeting assistance to geographic areas with specified characteristics as opposed to providing assistance to people or businesses with specified characteristics. It then assesses the arguments both for and against the continuation of the HUBZone program."
CRS Report for Congress, R41268
Federation of American Scientists: http://www.fas.org/sgp/crs/index.html