Historically Underutilized Businesses

"HUB" Vendors 

 

The Historically Underutilized Businesses (HUB) Program is intended to stimulate the economic development of minority, women-owned, and physically disabled businesses.

 

The State of North Carolina encourages all state agencies to expend 10% of their total procurement dollars with HUB vendors.

 

University Purchasing is required by State Statue 143-48 to provide statistics quarterly to the State HUB Office documenting our efforts to use HUB vendors.  

HUB vendors are defined as:

A. Independently owned and operated for profit and having fewer than 100 employees or less than $1,000,000.00 in annual gross receipts.
B. At least 51% owned or operated by one or more socially and economically disadvantaged persons identified as women of any race, African-Americans, Hispanic-Americans, Asian Americans, Native-Americans or persons with a disability.