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What does hub mean for work?

A Historically Underutilized Business (HUB) is a corporation, sole proprietorship, partnership or a joint venture formed for the purpose of making a profit in which at least 51 percent ownership of the business is by a woman, minority and/or service-disabled veteran.

What is Texas HUB certified?

Disadvantaged and Small Business Enterprise Programs The Historically Underutilized Business Program was created to promote full and equal procurement opportunities for small, minority- and women-owned businesses. Companies interested in doing business with the state are encouraged to become HUB certified.

What are the benefits of being HUB certified?

A businesses HUB participation helps to measure an agency's good faith effort in the HUB program. HUB certification tracks the success of minority businesses in doing business with the state. The HUB program is designed to promote full and equal opportunity for all companies seeking to do business with the state.

What is a hub report?

The Statewide Procurement Division (SPD) Historically Underutilized Business (HUB) Program has been tasked with the reporting of expenditures made by state agencies and institutions of higher education.

How do I become hub certified in NC?

How do I apply for HUB Certification? Visit NC electornic Vendor Portal (eVP) Next, select \u201cRegister Now\u201d Complete registration and agree to the "eVP terms of use" Enter information about your company and its owners as requested. Complete the Statewide Uniform Certification Application.

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What is HUB certification in Texas?

The Historically Underutilized Business Program was created to promote full and equal procurement opportunities for small, minority- and women-owned businesses. Companies interested in doing business with the state are encouraged to become HUB certified.

What does hub status mean?

Historically Underutilized Business (HUB) is a company level diversity certification that is generally issued by a State Government to increase the amount of goods and services acquired by that state from HUBs.

What is the significance of a hub certification?

The Historically Underutilized Business Program was created to promote full and equal procurement opportunities for small, minority- and women-owned businesses. Companies interested in doing business with the state are encouraged to become HUB certified.

What does hub status mean?

Historically Underutilized Business (HUB) is a company level diversity certification that is generally issued by a State Government to increase the amount of goods and services acquired by that state from HUBs.

What is a HUB Subcontracting Plan?

A HUB Subcontracting Plan (HSP) is a form completed by prospective prime contractors regarding the planned use of subcontractors, which is required to be submitted with all solicitation responses with an expected value of $80,000 or more for facilities projects paid with non-federal funds, $100,000 or more for other ...

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