February 19, 2015
In 2015, 3,417 areas that were redesignated, mostly as a result of census results a few years ago, will lose their HUBZone status.
However, the only time these firms will be directly notified by SBA that they are located in a redesignated area is when they receive a notice of proposed decertification from the program after their status of the area expired.
Now, to be fair it must be noted that the SBA “is analyzing existing resources” and by July, plans to implement an enhanced mechanism to better inform certified firms of HUBZone designations changes or, at least, explain how a redesigned area can affect their participation in the program.
In the meantime, if you are currently certified in the program:
(1) check your status by reviewing the map on the SBA’s website: https://www.sba.gov/content/hubzone-maps,
(2) review the following GAO report to become better informed: http://www.gao.gov/assets/670/668468.pdf, and,
(3) if you need any assistance extending or defending your HUBZone certification, please contact us to set a time to discuss your options at: http://www.vcita.com/v/warwick
Boston Warwick Law