NTI Receives SBA HUBZone Status
(San Antonio, TX) – Namauu Technological & Industrial (NTI), a Native Hawaiian Organization (NHO)-owned, military veteran operated, cybersecurity and engineering firm announced it was approved by the US Small Business Administration (SBA) for its HUBZone or Historically Under Utilized Business Zone program.
The firms founder and CEO Dr. Kekai Namauu talked about what achieving this milestone meant: “the benefits to participating in the HUBZone program are tremendous, not just for our firm but the surrounding community as well.”
He stated “for our firm we benefit in that the federal government’s goal is to award 3% of its prime contracts to HUBZone entities each year and contracting officers are given broad powers to award contracts to HUBZone entities, to include sole-source awards and set-asides and for contracts issued under full and open competition, we receive a price evaluation preference.”
Touching on the community benefit, Dr. Namauu exclaimed “we are required to maintain a specific level of employment for individuals who reside in and come from historically under-utilized business zones which often are lower income areas, the thought is by reinvesting back into firms who employ people from those areas, the government helps to uplift those through the participating firm, such as ours.”
Namauu Technological & Industrial, is a Native Hawaiian Organization (NHO)-owned, military veteran operated, cybersecurity and engineering 8(a) firm.