Small Business Administration: Additional Actions are Needed to Certify and Monitor HUBZone Business and Assess Program Results

Download or read book Small Business Administration: Additional Actions are Needed to Certify and Monitor HUBZone Business and Assess Program Results written by William B. Shear and published by DIANE Publishing. This book was released on 2009 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Small Business Admin¿s. (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 dev¿t. 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.