Shaheen Highlights New Hubzone Designation For Sullivan And Grafton Counties, Helping Nh Small Businesses Compete For

NEW-HUBZONE sked PRESS RELEASE November 14, 2016 JEANNE SHAHEEN SENATOR SENATE SHAHEEN HIGHLIGHTS NEW HUBZONE DESIGNATION FOR SULLIVAN AND GRAFTON COUNTIES, HELPING NH SMALL BUSINESSES COMPETE FOR GOVERNMENT CONTRACTS CQ-Roll Call, Inc. 1255 22nd Street N.W. Washington, D.C. 20037 ...

HUBZONE sked

PRESS RELEASE

November 14, 2016

JEANNE SHAHEEN

SENATOR

SENATE

SHAHEEN HIGHLIGHTS NEW HUBZONE DESIGNATION FOR SULLIVAN AND

GRAFTON COUNTIES, HELPING NH SMALL BUSINESSES COMPETE FOR

GOVERNMENT CONTRACTS

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For Immediate Release

Shaheen Highlights New HUBZone Designation for Sullivan and Grafton Counties, Helping NH Small Businesses Compete for Government Contracts

November 14, 2016

(Manchester, NH) - U.S. Senator Jeanne Shaheen (D-NH), lead Democrat on the Senate Small Business Committee, applauds the recent rule change by the Small Business Administration (SBA) that places the entirety of Sullivan and Grafton counties in the HUBZone (Historically Underutilized Business Zone) Program, providing local small businesses a preferred status when competing for government contracts and sub-prime contracts. These counties join areas of Concord, Dover, Franklin, Manchester, Nashua, Rochester, and all of Coos County as HUBZone areas. Shaheen has been a strong supporter of the HUBZone Program, which has helped many Granite State small companies compete for important federal contracts. As Ranking Member of the Small Business Committee, Shaheen was instrumental in passing the HUBZone Revitalization Act of 2015 which was signed into law last year, creating eligibility for areas affected by base closures such as Sullivan and Grafton counties.

``Small businesses are the core of New Hampshire`s economy and the HUBZone Program is one of many tools created by the SBA to help small businesses get their foot in the door to secure government contracts,`` said Senator Shaheen. ``I encourage small business owners in Sullivan and Grafton counties, and all HUBZone areas, to learn more about HUBZones so they are equipped with the knowledge and tools to utilize this important program as they scale their business.``

``Costa Precision Manufacturing has a significant base of defense industry clients,`` said Kevin Brenker, Sales Manager of Costa Precision Manufacturing Corp., which is currently applying for HUBZone status in Claremont. ``The HUBZone designation helps Costa as a small business compete for additional federal program awards and serve other federal contractors in a greater capacity. We`ve been impressed with the coordinated effort led by the City of Claremont and Senator Shaheen`s office to bring this to fruition.``

The SBA will hold HUBZone workshops in Lebanon (Nov. 18), Littleton (Nov. 22) and Claremont (Dec. 9) to assist Granite State small businesses determine eligibility and guide the application process.

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