May 10th, 2017 by WCBC Radio
Congressman John K. Delaney (MD-6) will meet with TDEC management and employees Friday in Oakland to discuss the importance of the Small Business Administration’s HUBZone program and his legislation to protect their HUBZone eligibility and support local jobs. TDEC is one of Garrett County’s largest employers, with approximately 115 employees at their Oakland site.
Absent congressional action, Garrett County will lose HUBZone status in early 2018, endangering many local jobs.
Congressman Delaney’s bipartisan GARRETT HUBZone Redesignation Act (H.R. 2013) reforms the Small Business Administration’s (SBA) Historically Underutilized Business Zone Empowerment Contracting (HUBZone) program, giving Garrett County and similar communities around the country significantly more time to utilize the program and adjust to potential changes in their eligibility. Congressman Delaney’s legislation extends federal HUBZone eligibility for Garrett County businesses to 2022. Delaney has filed the bill the last two sessions of Congress, in both 2016 and 2017.
WHEN: Friday May 12, 12:00 Noon
WHERE: TDEC Oakland Headquarters, 424 Arch Street, Oakland Maryland, 21550
WHO: Congressman John K. Delaney (MD-6); Maurice “Mo” DuFour, Chairman of the Board TDEC; John DuFour, Executive Vice President, TDEC; Laura Teter, Director of Operations, TDEC; Laura Gosse, Save Our HUBZone; Keith Haller, Save Our HUBZone; TDEC Employees
WHY: TDEC and other local businesses will lose their SBA HUBZone Status in 2018, Congressman Delaney is the author of legislation to reform the program and extend their eligibility to 2022.
According to the Garrett County Chamber of Commerce, there are 11 HUBZone certified businesses countywide, employing nearly 500 people. The HUBZone program, a small business federal contracting assistance program, is designed to encourage economic development in economically underperforming areas.
The Save Our HUBZone organization was started in Garrett County and is now a national network of communities and businesses.
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