CBI is excited to share that we have received our Historically Underutilized Business Zone (Hubzone) certification from the U.S. Small Business Administration (SBA). This significant milestone strengthens our commitment to creating jobs and driving economic development in our community, while opening new opportunities to support federal, state, and local agencies with their contracting goals.
What is the SBA Hubzone Program?
The SBA’s Hubzone program levels the playing field for small businesses in underserved areas by giving them preference in federal procurement. The federal government aims to award at least 3% of prime contracting dollars to Hubzone-certified businesses each year, fostering investment and job creation where it’s needed most. Certified firms like CBI gain access to set-aside contracts, sole-source awards, and a 10% price evaluation preference on open bids.
CBI’s Path to Certification
Earning certification requires careful review of our ownership, office location, and workforce. CBI meets stringent SBA criteria: we are majority-owned by U.S. citizens, our principal office is located in a Hubzone, and over 35% of our team resides in qualified areas. This process validated our focus on supporting and hiring from our local community.
Impact and Benefits
Our Hubzone status lets us directly support job creation, economic stability, and workforce development in historically underutilized areas. Local hiring keeps contract dollars in our neighborhoods, supporting families and boosting the regional economy.
Why Partner With CBI? For Federal, State, and Local Agencies
Working with CBI helps agencies at all levels meet their supplier diversity and socio-economic contracting goals. Federal agencies achieve their 3% Hubzone target, state and local governments demonstrate community investment, and large prime contractors meet compliance requirements for small-business utilization. We bring agility, innovation, and proven compliance, backed by our SBA certification.
Let’s Build Together
Our SBA HubZone certification is a new chapter for CBI, helping us deliver value to agency partners and create lasting community impact. Contact us today to learn how we can support your next initiative while advancing economic growth where it matters most.
