Unlike the 8(a) Mentor/Protg Program, SBA has. It should not be a crutch that prevents small businesses from seeking and performing those larger and more complex contracts on their own. soon need to file their first annual reports regarding the benefits they have received from their mentors. ![]() The mentor-protege program should be a boost to a small business’s development that enables the small business to independently perform larger and more complex contracts in the future. Just like the longstanding and popular 8(a) mentor-protege program, the new small business mentor-protege program creates a framework under which mentor firms will provide a wide variety of potential benefits to their proteges. Mentors are encouraged to provide assistance relating to the performance of contracts set aside or reserved for small business so that protege firms may more fully develop their capabilities. This assistance may include technical and/or management assistance financial assistance in the form of equity investments and/or loans subcontracts (either from the mentor to the protege or from the protege to the mentor) trade education and/or assistance in performing prime contracts with the Government through joint venture arrangements. The small business mentor-protege program is designed to enhance the capabilities of protege firms by requiring approved mentors to provide business development assistance to protege firms and to improve the protege firms’ ability to successfully compete for federal contracts. Edward DeLisle: The SBA Mentor-Protege program to allow small disadvantaged firms that are part of the government’s 8 (a) Business Development Program, to partner with established companies for the purpose of increasing the small business’s ability to win government contracts. Money is likely the most obvious reason for mentors to participate in the program. If you’re not familiar with the program, here’s a brief description from the Small Business Adminstration: The Department of Defense (DoD) Mentor-Protégé Program (MPP) provides incentives to major DoD contractors to furnish disadvantaged small business concerns with assistance designed to enhance. SBAs proposed regulations will deter any suspension of benefits only if the Participant has not submitted its business plan to the servicing district office. There are four distinct benefits derived from a mentor-protégé agreement.
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