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SBA All Small Mentor-Protege Program
Friday, January 25, 2019You have the perfect product or service to sell to government - but have heard that the government procurement process is a nightmare. The SBA Small Mentor-Protege Program may be your solution.
The Mentor-Protege Program encourages joint ventures between businesses with government procurement experience and small businesses. With this joint venture, both parties can qualify for the small business setasides designated by the government. The small business gets help from the experienced business in the details of getting a government contract and fulfilling it. The experienced business has a better chance in getting the contract because of the mentor-protege status.
To do this, the mentor and the protege must find each other and decide to work together. Then, you complete an application with the SBA, and if approved, you complete an annual report. The relationship must last at least 3 years.
Here are links to get you get started:- Information about the Mentor-Protege Program
- Active Mentor-Protege Agreements as of 12/2018 This lists current proteges, mentors, and their industry (SIC code). Mentors cannot have more than 3 proteges, however, the list will give you an idea of the types of companies utilizing this program.
- Database of all federal spending You can search on specific products/services or by companies.
- Article from American Express OPEN. This article has great tips for what to look for in a mentor and the characteristics necessary for a good protege. Ignore any information about 8(a) requirements - this information is outdated. All small businesses are eligible.
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