18 Feb 2025
š¢HUBZone Program Updates
HUBZone Program Updates and Clarifications, and Clarifications to Other Small Business Programs; Correction
Summary
The U.S. Small Business Administration (SBA) is correcting a final rule that was published in the Federal Register on December 17, 2024. The rule clarified and improved policies surrounding a comprehensive revision to the HUBZone Program regulations published in 2019, among other changes. This document is making several technical corrections to the final regulations.
Agencies
- Small Business Administration
Business Impact
$$ - Med
The document updates regulatory requirements for the HUBZone program, potentially affecting small business certification and compliance, especially with the increase in the financial threshold for requiring audited statements. This has direct financial implications for business owners in those regions.
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hubzone