Question 1

What must a mentor-protégé agreement include?

Accepted Answer

SBA regulations require the mentor-protégé agreement to include: the specific developmental assistance the mentor will provide, the goals and milestones for the protégé's development, the duration of the agreement (up to 3 years, renewable), any compensation to the mentor, and the business development areas to be addressed (technical, managerial, financial, contracting). SBA must approve the agreement before the firms can form a JV for set-aside bids.

Question 2

Can an SDVOSB participate in SBA's Mentor-Protégé Program?

Accepted Answer

Yes. Under SBA's All Small Mentor-Protégé Program, any SBA-certified small business — including SDVOSBs — can participate as a protégé. The SDVOSB protégé can form an approved joint venture with its mentor and compete for any federal small business set-aside, including SDVOSB set-asides, without being considered affiliated with the mentor for size purposes. This is one of the most powerful tools for growing SDVOSB firms.

Question 3

What is an approved mentor-protégé joint venture?

Accepted Answer

An approved mentor-protégé joint venture (MP JV) is a formally structured JV between an SBA-approved mentor (usually a large business) and its protégé (an SDVOSB). MP JVs receive special regulatory benefits: the JV is not subject to size affiliation with the mentor, and the JV's past performance counts for the protégé. The JV must be approved by SBA before submitting offers on set-aside contracts.

Question 4

How do you apply for SBA's Mentor-Protégé Program?

Accepted Answer

Apply through SBA's certify.sba.gov portal. Both the mentor and protégé must create accounts and submit a joint application including the draft mentor-protégé agreement, a description of the developmental assistance to be provided, and supporting documentation. SBA reviews the application and may request additional information. Approval typically takes several months. The agreement does not take effect until SBA formally approves it.

What must a mentor-protégé agreement include?

More on Mentor-Protégé Program

Related Questions

Related Tools & Directories