Street Legal Industries

  Corporate Overview

• Corporate Commitment:
  
  The U.S. Small Business Administration (SBA) Historically Underutilized Business Zone (HUBZone) program has been institutionalized as a result of the Small Business Reauthorization Act of 1999 to stimulate economic development and creates jobs in urban and rural communities by providing Federal contracting preferences to small businesses. These preferences go to small businesses that obtain HUBZone certification in part by employing 35% of their staff who live in a HUBZone. The company must also maintain a "principal office" in one of these specially designated areas. Street Legal Industries, Inc. (SLIND) is an East Tennessee based HUBZone firm.
  
  Our Corporate commitment is not just to the "Zone", but to the people that live there. SLIND believes these people are valuable resources that are Capable, but not yet Qualified to meet their full potential and successfully advance in the workplace. SLIND believes these resources can be developed either directly though contracting opportunities or indirectly through the SLIND Work Study program.
  
  SLIND Brochure SLIND NAISC Capabilities

  Our Values

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  Community Involvement

• Eligibility for the SLIND Work/Study Program
  
    -  Applicants must be full-time or 3/4-time student in a college degree program, or a vocational or professional program, you can "earn while you learn" in the SLI Work/Study program.
    -  Applicants must reside in a SBA identified HUBZone.
    -  Applicants must provide annually a copy of their driver's license and/or voter's registration card as proof of residency.
    -  Participants must maintain a 3.0 or "B" average.
    -  Participants must document 34 hours per week applied to their course of study.
    -  Further details are provided in the SLIND Work/Study Program Governing Plan Document
  
  Benefits to Work/Study Participants
  
    -  Participant compensation will be at least the current federal minimum wage, but they may be higher depending on the type of work assigned and the skills required. Total compensation depends on many variables including: existing skills, time of acceptance into the program, and the funding level of our contracts.
    -  Without impact to the participant's existing academic work load, participants will be exposed to our work processes and deliverables.
    -  Every effort will be made to ensure participants are exposed to work opportunities consistent with their interest and course of study.
    -  Upon graduation from course of study, placement of participant in the workforce.
    -  In summary, in addition to the monetary benefits (compensation), SLIND will make every effort to mentor participants through their course of study, expose each to related work activities, and upon graduation placement of participants into professional positions in the workplace.
  
  

  
  Access to Work/Study Participants
  
    -  Without cost to our clients, SLIND will attempt to match the skills and interest of our work/study participants to the professional requirements of our clients.
    -  Without impacting our work/study participant's academic work load, SLIND will expose on an ongoing basis each to our Client's professional requirements/needs.
    -  Without cost to our Clients, SLIND will make available for "internship" our participants during off seasons (summer break).
    -  Upon successful completion of each participant's course of study, SLIND will immediately make available for employment our participant as a valuable and fully-engaged resource.
  
  

  About HUBZones

• Historically Underutilized Business Zone
  
  A "HUBZone" is an area that is located in one or more of the following: a qualified census tract (as defined in section 42(d)(5)(C)(i)(I) of the Internal Revenue Code of 1986); a qualified "non-metropolitan county" (as defined in section 143(k)(2)(B) of the Internal Revenue Code of 1986) with a median household income of less than 80 percent of the State median household income or with an unemployment rate of not less than 140 percent of the statewide average, based on US Department of Labor recent data; or lands within the boundaries of federally recognized Indian reservations.
  
  Requirements Extraction Process HUBZone Flyer HUBZone Fact Sheet HUBZone National Map HUBZone FAQs SBA HUBZone News Realese
  
  Direct and Indirect Development
  
    -  Developed directly means recruitment of qualified professions from the HUBZone and placement on our contracts.
    -  Developed indirectly though the SLIND work/study program means, identifying talented (participants) at either the undergraduate or graduate level, compensating participants (resources) for furthering their education, exposing participants during their time of study to the practical aspects of the workplace, and upon successful completion of the course of study, facilitation of placement of the participants into the workplace.
  
  Program History
  
  The HUBZone Empowerment Contracting program was enacted into law as part of the Small Business Reauthorization Act of 1997. The program falls under the auspices of the US Small Business Administration. The program encourages economic development in historically underutilized business zones - "HUBZones" - through the establishment of preferences. SBA's HUBZone program is in line with the efforts of both the Administration and Congress to promote economic development and employment growth in distressed areas by providing access to more Federal contracting opportunities.
  
  Eligibility
  
  A small business must meet all of the following criteria to qualify for the HUBZone program:
    -  located in a "historically underutilized business zone" or HUBZone
    -  owned and controlled by one or more US Citizens
    -  at least 35% of its employees must reside in a HUBZone
  
  Street Legal Industries, Inc.
  
  SLIND was incorporated in the State of Tennessee on February 17, 2000. SLI Submitted its HUBZone certification application and became certified by the SBA on May 25, 2000. Following Certification the SBA conducted a program compliance examination on August 2001. This examination resulted in confirmation of a positive HUB Zone determination.
  
  

  
  Types of HUBZone Contracts
  
    -  A competitive HUBZone contract can be awarded if the contracting officer has a reasonable expectation that at least two qualified HUBZone small businesses will submit offers and that the contract can be awarded at a fair market price.
    -  A sole source HUBZone contract can be awarded if the contracting officer does not have a reasonable expectation that two or more qualified HUBZone small businesses will submit offers, determines that the qualified HUBZone small business is responsible, and determines that the contract can be awarded at a fair price. The government estimate cannot exceed $5 million for manufacturing requirements or $3 million for all other requirements.
    -  A full and open competition contract can be awarded with a price evaluation preference. The offer of the HUBZone small business will be considered lower than the offer of a non-HUBZone/non-small business-providing that the offer of the HUBZone small business is not more than 10 percent higher.
  
  Goaling
  
  The Small Business Reauthorization Act of 1997 increases the overall government wide procurement goal for small business from 20% to 23%. The statute sets the goal for HUBZone contracts as follows: 2001 - 2%; 2002 - 2.5 %; 2003; and each year thereafter - 3%.
  
  Affected Federal Agencies
  
  As of October 1, 2000, all Federal agencies are subject to the requirements of the HUBZone Program. Contracting Officer's
  
  Related Links
  
  HUBZone Home Page