For Immediate Release
Synergy Tech Consulting, LLC
Telephone: +1 800 279 9214
Fax: +1 866 889 1104
ACCEPTANCE INTO HUBZONE PROGRAM ANNOUNCED
Helps Businesses Gain Access To
Federal Procurement Opportunities
ATLANTA, GA May 5, 2016
The Historically Underutilized Business Zones (HUBZone) program falls under the Small Business Association (SBA) umbrella and was designed to help small businesses in urban and rural communities gain preferential access to federal procurement opportunities.
The federal government has a goal of awarding 3% of all dollars for federal prime contracts to HUBZone-certified small businesses of which Synergy Tech Consulting will now be eligible.
The program was enacted into law as part of the Small Business Reauthorization Act of 1997. It encourages economic development in historically underutilized business zones – “HUBZones” – through the establishment of preferences.
SBA’s HUBZone program is in line with the efforts of both the Administration and Congress to promote economic development and employment growth in distressed areas by providing access to more federal contracting opportunities.