Even more challenging is that the protégé must have virtually total control over the JV, its management and the day-to-day operation of the contract. For starters, mentors may be frustrated that the protégé has little to no management experience, and may or may not make the ideal partner on these contracts, especially those contracts having more complex performance requirements. By the same token, the large business drools at the chance to capture a piece of the business that would otherwise be reserved only for smalls.īut the program has some shortcomings. The small business partner relishes the opportunity to be backed by a large company and use its qualifications and past performance to compete on set aside contracts for which the small would otherwise not qualify. This program can have tremendous benefits. Once the exclusive domain of the 8(a) world, since 2016 such joint ventures are now permitted with all qualified small businesses government-wide under the SBA’s All Small Mentor Protégé Program. What this really means is that a large mentor can set up a joint venture with a small protégé and allow that JV to compete on small business set aside procurements as a separate small business concern without the dreaded prospect of being considered “affiliated” for SBA size determination purposes. The goal of the program is to enhance the capabilities of the protégé, assist the protégé with meeting the goals established in its SBA-approved business plan, and improve the protégé’s ability to successfully compete for contracts. This program is designed to encourage approved “mentors” (typically large businesses) to provide various forms of business development assistance to small and developing “protégé” firms in connection with government contracts. This is especially true with regard to the SBA’s Mentor Protégé Program. Mentor Protégé agreements will vary based on the needs of the businesses involved.Joint ventures in government contracting have become increasingly popular, particularly in small business set aside contracts. Receive credit to partner with DBE firms, and DBEs receive assistance in developing their business.Ĭommon types of assistance that a mentor may provide a protégé include:.Increase the statewide capacity and availability of DBEs and help develop relationships that foster DBE participation on projects.Learn, evolve, and compete on projects of the Metropolitan Airport Commission, Met Council, Minnesota Department of Transportation, and the City of Minneapolis and in new markets.Establish a business-to-business relationship that allows firms to share their expertise and resources to further their business objectives and create a stronger economy with a more competitive business environment.Develop their capacity to compete on projects.Compete in the marketplace outside the DBE program.Move into non-traditional areas of work.In partnership with the Minnesota Unified Certification Program (MnUCP), its purpose is to further the development of certified Disadvantaged Business Enterprise (DBE) firms by providing training and assistance from other firms so that the small businesses may: The Mentor Protégé Program is one of the programs and services provided by the Small Business Development Unit. Training programs | Small business training programs Mentor Protégé Program
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