The Small Business Administration has designated both
as a HUBZone. The HUB Zone (Historically
Underutilized Business Zone) Empowerment Contracting Program stimulates 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 staff who live in a HUBZone.
The company must also maintain a “principal Office” in one of these specially
designated areas. A principal office
can be different from a company headquarters.
For more information concerning HUBZone eligibility please visit the SBA
HUBZone web site click here.
area has an abundant supply of available labor and we consider our workforce as
our most valuable resource. The workforce
has a strong work ethic and extremely loyal and productive.
The unemployment rate in
averages 6.4 % with approximately 900 individuals actively seeking employment. Pulaski is the home of the Tennessee
Technology Center-Pulaski that offers a variety of training and educational opportunities
geared to meet specific employer needs.
Fiber Optic Broadband
In March of 2007 the Pulaski Electric System completed
construction of a 100% fiber optic network.
This network makes available a fiber optic connection to every business and home
in Pulaski. Pulaski Energize Service
offers Internet, Video and Phone services.
Your company may have broadband Internet service available, but in Pulaski we do
business at the speed of light, offering Internet download speeds of 10, 20 or 50 Mbps at almost half the cost of most providers.
Internet access with Ethernet speeds up to 100 Mbps are also available as
well as direct point-to-point connections.
Secure Data Storage
Along with the PES fiber optic network, the Pulaski Electric
System constructed a “bunker facility” to house the vast array of electronic equipment
required to operate the network. The
facility was constructed to withstand an F-5 tornado with redundant power systems
and fiber optic feeds. Companies doing
business with PES can locate their computer servers in the facility or can lease
the equipment from PES.
Low Cost of Doing Business
The cost of doing business in the
area is significantly lower than the national average; in fact; it is over 26.9%
lower. The cost of labor and housing
both contribute to the lower cost of living in our area.
No State Personal Income Tax
The State of
does not tax an individuals or a couple’s personal income.
The State does tax investment income earned from companies not based in
. In fact,
is one of the lowest tax states in the
. The City of
both have property tax rates and the State and local option sales tax is currently
There are many more advantages of doing business in the
area and we encourage your business to contact our office.
Economic Development Commission
Dan Speer Executive Director