Address how the assistance to be provided will help Protégé meet the goals defined in protégé’s business plan.The Mentor Protégé Agreement must specifically address the following For example, you may have two three-year MPAs with different Mentors, and each may be extended an additional three years provided the Mentor provided the agreed-upon assistance. The Mentor-Protégé Agreement should assess your business development needs, specify how your Mentor will address your needs, and set a developmental timeline for the delivery of assistance that your Mentor commits too.Īn MPA may be approved for three years, with an option to renew for another three years. This document is a roadmap for the relationship between you and your Mentor. In order to be considered for the All Small Mentor-Protégé Program, you need to submit a document called the Mentor-Protégé Agreement (MPA) to SBA.
That is, if SBA approves your Mentor-Protégé Agreement, you and your mentor may joint venture for any small business set-aside that you the protégé qualify for, regardless of your Mentor’s size. The exclusion of affiliation allows a qualifying small business can enter a joint venture agreement with a business of any size. This allows a small business to leverage the experience and relationships of a larger more mature company. One of the most tangible benefits of the All Small Mentor-Protégé Program is the ability to receive an “ exclusion from affiliation”.
Protect a small business from being taken advantage of by a larger business.Preclude a small business from leaning too heavily on a larger business in order to win a contract and.Why not? Well that is because SBA’s rules related to “affiliation” that prohibit non-small businesses from entering into a joint venture to bid on small business set-asides.
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If either one of the businesses are not considered small in the NAICS code of the procurement the joint venture will not qualify to win the small business set-aside. In order to meet the size standards required to get the set-aside, both businesses in the joint venture need to be small. Mentors can help you grow your networks and challenge you in positive ways that will help your business grow and develop. Examples: HR, Accounting Systems, manufacturing assistance, and technology transfers)Ībout SBA’s All Small Mentor-Protégé Program Benefits of Mentor-Protégé Program.Your Mentor can provide the following SBA-approved assistance: SBA may authorize a small business to be both a Mentor and a Protégé but only if you can demonstrate that the second relationship won’t compete or conflict with the first Mentor-Protégé relationship. Mentors may have up to three proteges.The Protégé may only have one Mentor at a time and cannot have more than two mentors across all SBA-administered Mentor-Protégé programs.The following rules apply to the All Small Mentor-Protégé Program as well: Both Mentor and Protégé have active SAM registrations in SAM.GOV.Ībout SBA’s All Small Mentor-Protégé Program Specific Rules.SBA has not made a determination of affiliation between your business and your proposed Mentor.Your Mentor is a for-profit organization and does not own more than 40% equity in your business.Protégé has experience in the NAICS code in which you’re seeking assistance.To be eligible to participate in the All Small Mentor-Protege program the protégé must be either a for-profit business or an agricultural cooperative that is considered “small” for the NAICS code in which you are wanting assistance from the Mentor-Protégé relationship. About SBA’s All Small Mentor-Protégé Program Eligibility websites Certificate: Contact nancy The All Small Mentor-Protégé Program otherwise known as MPP is designed to provide small businesses with business development assistance and to enhance their ability to successfully compete for federal contracts. About SBA’s All Small Mentor Protege ProgramĪll Small program benefits Protégés can get valuable business development help from their mentors in several areas, including: Guidance on internal business management systems, accounting, marketing, manufacturing, and strategic planning Financial assistance in the form of equity investments, loans, and bonding Assistance navigating federal contract bidding, acquisition, and performance process Education about international trade, strategic planning, and finding markets Business development, including strategy and identifying contracting and partnership opportunities General and administrative assistance, like human resource sharing or security clearance support Learn more information by listening to the podcast.