Question 1

How long does a mentor-protégé relationship last?

Accepted Answer

SBA mentor-protégé agreements are approved for an initial term of up to three years. The agreement can be renewed for additional three-year terms if both parties agree and SBA approves. An SDVOSB protégé can participate in the program for a total of up to ten years across all mentor-protégé relationships. Annual reviews are required to assess whether the protégé is receiving the agreed developmental assistance.

Question 2

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 3

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.

How long does a mentor-protégé relationship last?

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