Grow Your Business with Red One Alpha, LLC

HUBZone (Historically Underutilized Business Zone) certification provides significant socioeconomic advantages by channeling federal contract dollars into economically distressed communities, creating a ripple effect of job growth, investment, and revitalization. 

Hub Zone Contracting Advantages:

• Access to exclusive federal contracts: The federal government has a goal of awarding at least 3% of all prime contract dollars to HUBZone-certified businesses annually. This opens up a significant market for small businesses that might otherwise not have the resources to compete on a national scale.
• Reduced competition: HUBZone businesses can bid on "set-aside" contracts, which are exclusively reserved for certified firms. This drastically lowers the number of competitors and increases the likelihood of a successful bid.
• Price evaluation preference: In full and open contract competitions, HUBZone-certified businesses receive a 10% price evaluation preference. This means their bid is considered lower for evaluation purposes, giving them a significant competitive edge against non-HUBZone companies.
• Increased visibility: As a certified HUBZone business, a firm is listed in a public directory that federal agencies use to find eligible contractors. This raises a company's profile and opens up networking opportunities.
• Subcontracting opportunities: Larger prime contractors that work with the government often need to fulfill subcontracting goals with HUBZone-certified firms. This creates additional business opportunities for certified small businesses.
• Economic multiplier effect: For every $1 invested by the government through the HUBZone program, an estimated $1.50 in economic activity is generated. This has a powerful effect on local economies, creating jobs and increasing demand for other local services and products. 

 SDVOSB contracting offers significant advantages which reduces competition and increases winning opportunities. Other benefits include priority consideration from government agencies, access to specific loan and funding programs for veterans, and specialized training and counseling services. For non-SDVOSB businesses, partnering with one can grant access to contracts they otherwise could not pursue. 

SDVOSB Contracting Advantages:

• Streamlined procurement: Government agencies can streamline their procurement process by working with SDVOSBs to meet small business goals.
• Fulfillment of government goals: For government agencies and prime contractors, partnering with SDVOSBs helps meet federal goals for awarding contracts to service-disabled veteran-owned small businesses. 
• Access to exclusive contracts: Eligible to compete for contracts specifically set aside for SDVOSBs, which accounts for at least 3% of all federal contracting dollars.
• Sole-source contracts: Can compete for sole-source contracts where the government can award a contract directly without a competitive bidding process.
• Priority consideration: Often receive priority consideration when government agencies evaluate bids, giving them a head start.
• Enhanced credibility: Working with an SDVOSB can enhance your company's credibility with government and private clients. 
• Access to new markets: Can gain access to contracts they would otherwise not be able to compete for by partnering with an SDVOSB.
• Reduced competition: Partnering can be an advantage in winning contracts. There is no single dollar amount that is automatically set aside specifically for SDVOSB contracts,  however, the government has a goal of awarding at least 5% of all federal contracting dollars to SDVOSBs each year.
• Access to skilled workforce: Gain access to a workforce known for a strong work ethic, teamwork, and problem-solving skills.
• Financial opportunities: Eligibility for special loan programs, which offers reduced fees on loans.
• Training and support: Access to specialized training, mentorship, and counseling services from organizations like the VA and SBA.