What is a HUB Vendor?

A HUB vendor is a corporation, sole proprietorship, partnership or joint venture in which 51 percent of the shares of stock or other equitable securities are owned by one or more persons who are members of the following groups: Black American; Native American; Hispanic American; American Women; Asian Pacific American, and whose principal place of business is in the State of Texas. The vendor must also be a U.S. citizen.