What requirements must a concern meet to be eligible as a certified HUBZone small business concern?

CFR · 2024-01-01 · US · Title 13

(a) (1) At least 51% owned and controlled by one or more individuals who are United States citizens; (2) An ANC or at least 51% owned by an ANC or a wholly-owned business entity of an ANC; (3) At least 51% owned by one or more Indian Tribal Governments, or by a corporation that is wholly owned by one or more Indian Tribal Governments; (4) At least 51% owned by one or more CDCs; (5) A small agricultural cooperative organized or incorporated in the United States, or at least 51% owned by one or more small agricultural cooperatives organized or incorporated in the United States; or (6) At least 51% owned by one or more NHOs, or by a corporation that is wholly owned by one or more NHOs. (b) (2) In order to be eligible for a HUBZone contract, a certified HUBZone small business concern must qualify as small under the size standard corresponding to the NAICS code assigned to the HUBZone contract. (3) If the concern is a small agricultural cooperative, in determining size, the small agricultural cooperative is treated as a “business concern” and its member shareholders are not considered affiliated with the cooperative by virtue of their membership in the cooperative. (c) (1) A concern that owns or makes a long-term investment ( (2) A concern that is owned in whole or in part by one or more Indian Tribal Governments (or by a corporation that is wholly owned by Indian Tribal Governments) must either: (i) Maintain a principal office located in a HUBZone and ensure that at least 35% of

official document · source cfr-2024 · id 13:§ 126.200