What is a HUB?

A HUB is defined as a profit-making corporation, sole proprietorship, partnership or joint venture in which at least 51% of the shares of stock or equitable securities are owned by one or more persons who are members of the following groups:

Black Americans

Includes all persons having origins of Black racial groups of Africa;

Hispanic Americans

Includes all person of Mexican, Puerto Rican, Cuban, Central or South America, or other Spanish/Portuguese culture or origin, regardless of race;

Asian Pacific Americans

Includes persons whose origins are from Japan, China, Taiwan, Korea, Vietnam, Laos, Cambodia, the Philippines, Samoa, Guam, the U.S. Territories of the Pacific, or the Northern Marianas; and Subcontinent Asian Americans which includes persons who origins are from India, Pakistan, Bangladesh, Sri Lanka, Bhutan, or Nepal;

Native Americans

Includes persons who are American Indians, Eskimos, Aleuts, or Native Hawaiians; and

American Women

Includes women of any ethnicity, except those specified above.

In addition, the eligible group member must exercise control over the daily affairs of the business and be active in routine management and administration of the business.