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Historically Underutilized Business Program

 

The Historically Underutilized Business (HUB) program is a State of Texas initiative to increase the opportunities available to businesses owned by minorities and women in the area of state procurement and contracting. A HUB is a sole proprietor, partnership, or corporation in which at least 51% of the stock or other equitable securities are owned by one or more persons who are members of the following groups: Asian Pacific Americans, Black Americans, Hispanic Americans, Native Americans, and women. These individuals must have a proportionate interest in the control, operation, and management of the business, as well as, their principal place of business must be located in Texas.

The UT Austin HUB office ensures the university’s good faith effort to include HUB businesses in its procurement efforts. This good faith effort involves evaluating and determining HUB Subcontracting opportunities, administration of the university’s HUB mentor/protégé program, participating in marketing and outreach efforts for HUB participation, and HUB reporting to the Texas State Comptroller.