SBA Awards Etica, Inc. HUBZone & 8(a) Certification
April 20th, 2017 - by Etica, Inc. | Share on:
Etica, Inc. dba VM Racks is proud to announce that it has been awarded HUBZone status by the U.S. Small Business Administration and recertification by the 8(a) Business Development Program.
The Historically Underutilized Business Zone program (HUBZone) is designed to empower communities by awarding contract set-asides and sole-source opportunities to small businesses that are physically located in qualified census tracts, provided that 35% of the firm's total workforce resides in that zone. The U.S. government awards 3% of all dollars for federal prime contracts to HUBZone certified small business concerns. The 8(a) program offers a broad scope of business assistance, including counseling and marketing assistance, to small, disadvantaged businesses which are owned and controlled at least 51% by socially and economically disadvantaged individuals.
"We're extremely proud of achieving both HUBZone status and 8(a) certification. We have been in business for 20 years and these programs allows us to partner and compete for government set-aside and sole-source contracts that many larger companies usually win," says Gil Vidals, CEO of Etica, Inc. "Our combination of 8(a) certification and HUBZone status opens the door for even larger opportunities, especially when paired with the fact that we are a world-class cyber security company."
As VM Racks, Etica, Inc. has established itself as an enterprise-level managed services company specializing in HIPAA Compliant Hosting and Managed Security Services (MSSP). For federal agencies or potential business partners seeking HUBZone or 8(a) certified contractors, either for teaming, joint ventures, or mentor-protege relationships, Etica, Inc. provides a depth of knowledge and superior managed services while providing the added benefit of being a low-cost leader.