Part of the reason that Expert Approach, Inc. relocated to Vermillion, SD was because we intended to develop our Federal Public Sector business by entering into the HUBZone program. Having both SBA 8(a) certification and HUBZone certification greatly benefits the company in winning federal government contracts.
To be qualify for the HUBZone program, the business must meet the following criteria:
Content taken from: https://www.sba.gov/category/navigation-structure/contracting/contracting-support-small-businesses/small-business-cert-0
The Historically Underutilized Business Zones (HUBZone) program helps small businesses in urban and rural communities gain preferential access to federal procurement opportunities. Why? The program exists so the federal government can help improve the economy in these designated areas.
As of the date on this posting, all of Clay County is designated a HUBZone. A few weeks ago, it was only the central portion of Vermillion. Now, we try to obtain our employees from all parts of Clay County. There are currently 17 HUBZone certified companies in SD.
Additional information can be found here: