Small businesses in Alexandria, Louisiana have a unique opportunity to gain a competitive edge through the HUBZone Program. This federal initiative offers access to set-aside government contracts and other benefits designed to support growth in historically underutilized business zones.
What Is the HUBZone Program?
The Historically Underutilized Business Zones (HUBZone) Program is a federal initiative administered by the Small Business Administration (SBA). It aims to boost economic development in underserved communities by helping small businesses compete for federal contracts. Certified HUBZone businesses can qualify for exclusive bidding opportunities, price preferences, and subcontracting advantages.
To learn more, visit the official SBA HUBZone Program page.
Why HUBZone Certification Matters for Small Businesses
Certification is more than a badge – it’s a business growth tool. HUBZone-certified companies gain:
- Priority access to government contracts
- A 10% price evaluation preference in full and open contract competitions
- Greater visibility in the federal procurement system
This can translate to stronger revenue, job creation, and long-term sustainability – especially for businesses looking to expand locally.
Which Parts of Alexandria Are HUBZones?
Several areas in Alexandria qualify as HUBZones based on economic indicators such as income and unemployment levels. These include neighborhoods with high potential for business development and job creation.
To verify if your location is within a certified zone, use the HUBZone Map Tool provided by the SBA.
Eligibility Criteria and Application Steps
To qualify for HUBZone certification, your business must:
- Being a small business according to SBA standards
- Have its principal office located in a HUBZone
- Have at least 35% of employees living in a HUBZone
- Be owned and controlled by U.S. citizens, a Community Development Corporation, an agricultural cooperative, or an Indian tribe
Once eligibility is confirmed, follow these steps:
- Review Documentation Requirements – Prepare business, tax, and employee documentation.
- Submit an Online Application – Use the SBA’s HUBZone Application Guide for step-by-step instructions.
- Await SBA Review – Most approvals take 60–90 days if all documents are submitted correctly.
Federal Contracting Opportunities for HUBZone Businesses
Once certified, HUBZone businesses in Alexandria can compete for federal contracts set aside for HUBZone vendors. These can include:
- Department of Defense contracts
- Infrastructure or public service projects
- Technical and professional services for federal agencies
The federal government aims to award at least 3% of all federal contracting dollars to HUBZone-certified businesses annually.
Maintaining Certification: What to Know
HUBZone certification is not permanent. To stay in the program:
- Recertify annually
- Maintain employee and principal office eligibility
- Notify the SBA of material changes (e.g., business address, ownership, employee makeup)
Non-compliance may result in loss of certification, so keeping records and staying informed is essential.
Tools and Local Resources to Support Certification
Alexandria offers valuable tools to help you succeed:
- Visit Business Resources for information on local economic support
- Connect with mentors and peers via Alex Connects
- Explore local business history through Tracing the Roots to see how the region is evolving
These tools are designed to help entrepreneurs not only get certified but thrive in a growing business community.
Frequently Asked Questions (FAQs)
Is my Alexandria business located in a HUBZone?
Use the HUBZone Map Tool to check your address.
What percentage of employees must live in the HUBZone?
At least 35% of your employees must reside in a HUBZone.
How long does it take to get certified?
Approval typically takes 60 to 90 days, depending on document completeness.
Can nonprofits apply for HUBZone certification?
No. Only for-profit businesses are eligible for HUBZone certification.
Does SBA offer support during the application process?
Yes. The HUBZone Application Guide offers detailed steps and instructions.