A Historically Underutilized Business Zone, abbreviated HUBZone, is a geographical area determined by the Small Business Administration to be highly populated but underfunded. In an effort to bring business to these areas, the government created the HUBZone program. This program incentivizes business owners to headquarter their business in a HUBZone and hire staff who reside in one. In return, small business owners are offered grants and awarded a HUBZone certification allowing them to compete for federal contracts.