Historically Underutilized Business Zone
(HUBZone)
Part of the Village of Endicott in the Town of Union is
located in a "Historically Underutilized Business Zone" (HUBZone). The
HUBZone Empowerment Contracting Program stimulates economic development and
creates jobs in urban and rural communities by providing Federal contracting
preferences to small businesses. These preferences go to small
businesses that obtain HUBZone certification in part by employing staff who
live in a HUBZone. The company must also maintain a "principal office"
in one of the these specially designated areas. A principal office can
be different from a company headquarters.