Effective January 1, 2013, three of the five census tracts within the City of Waynesboro have been designated HUB Zone’s. The blue shaded area in the map at right, shows the three census tracts in Waynesboro that have been designated HUB Zones. To verifiy your business address qualifies, please visit the SBA - HUB Zone Map.
A Historically Underutilized Business Zone, is a geographical area – either a county, census tract, former military base as part of BRAC, or Indian Reservation. For a county or census tract, the US Department of Housing and Urban Development (HUD) makes a determination using census and other data: the area must have a certain level of poverty (based on household income or poverty rate).
The US Small Business Administration (SBA) uses information as determined by HUD to designate HUB Zones. This designation is not permanent – it can change with new census data.
If a business is located within a HUB Zone, and meets other criteria, they can become HUB Zone certified and receive certain benefits.
HUB Zone Certified Business Benefits
If the company is interested in federal procurement:
The federal government has a goal of awarding 3% of all dollars for federal prime contracts to HUB Zone-certified small business concerns.
Any business meeting the qualifications below ( http://www.sba.gov/content/understanding-hubzone-program ) can apply to be HUB Zone Certified.
To apply, a business needs to complete an online application at: http://www.sba.gov/content/applying-hubzone-program.
Before applying, a business:
301 W. Main Street, Waynesboro, VA 22980 p. 540.942.6779 EDinfo@WaynesboroBusiness.com