Fuel your small business growth.
The VTCRC is in a Federal HUBZone. The HUBZone program fuels small business growth in historically underutilized business zones with a goal of awarding at least 3% of federal contract dollars to HUBZone-certified companies each year.
If your company calls VTCRC home, you’re eligible for the Federal HUBZone program. Through HUBZone, you’ll receive preferential benefits when bidding on Federal contracts which comes with a host of benefits.
Benefits of the HUBZone Program
The program’s benefits for HUBZone-certified companies include:
- Competitive and sole source contracting
- 10% price evaluation preference in full and open contract competitions, as well as subcontracting opportunities.
Contracting Resources for Small Businesses
Small businesses interested in pursuing federal contracts have many options available to represent their company to potential buyers, to research the federal marketplace for available opportunities, and understand the competition. To prepare your business for federal contracting opportunities, be sure to understand these resources.
Operate at your peak in an opportunity zone.
The VTCRC is in an opportunity zone. Opportunity Zones are an economic development tool that utilizes tax incentives to grow business. They are designed to spur economic development and job creation in communities that need them most.
What is a Qualified Opportunity Fund? A Qualified Opportunity Fund is an investment vehicle that is set up as either a partnership or corporation for investing in eligible property that is in a Qualified Opportunity Zone.
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