HUBZone firms rise in number but HUBZone set-asides slump
HUBZone set-aside awards drop by half from 2017-2019
Small businesses located in “HUBZones” are growing in number and being awarded more federal contracts, even though HUBZone set-asides are drastically shrinking.
The value of federal contract awards won by small firms in Historically Underutilized Business Zones (HUBZones) has increased substantially, and the number of firms also has jumped, from fiscal 2017-2019.
But at the same time, the value of the awards won by those firms through HUBZone set-asides has dropped dramatically, according to Set-Aside Alert’s analysis of data from USASpending.gov and the Small Business Administration.
A similar sharp downward trend in the value of set-aside awards has
...more....
