SBA MENTOR PROTEGE CODE

Joint Venture rule changes: alters when SBA approval is needed for a joint venture agreement, eliminates the 3-in-2 rule, and clarifies the limitations on protégé subcontracting.Mentor-protégé rule changes: eliminates the separate 8(a) mentor protégé program and combines it with the all-small mentor protégé program also clarifies what happens when a protégé is looking for a mentor in a NAICS different than its primary NAICS.You can read the Federal Register publication explaining SBA’s activity here. In addition, you can visit, a powerful platform to accelerate government contractor success.SBA finally has cleaned up, or tried to clean up, its mentor/protégé and related rules. If you have additional questions on, contact Coley GCS directly by phone at 21, email at schedule a call. A protégé may exchange a new mentor for the existing one.įor over 20 years, Coley has supports small and large businesses navigate government contracting.Evaluation can result in voluntary terminations of the mentor-protégé agreement or incomplete evaluation termination.There may be proposed amendments to the mentor-protégé agreement.The SBA measures the benefits received.The SBA considers the progression of relationship.The MPP relationship is evaluated Annually.Agreement template may be found in the SBA website.An applicant protégé and its prospective mentor may not be affiliated at the time of application ( Affiliates: one party has the power to control the other, or a third party or parties’ controls or has the power to control both.).SBA requires 15 days screening and 90 days processing to complete an MPA.Both Mentor and the Protégé must execute the Mentor-Protégé Agreement( MPA Addendum).Both businesses must complete the SBA’s online tutorial and make sure to save your completion certificates.

SBA MENTOR PROTEGE CODE

Decide whether you are applying for an MPP using your primary or secondary NAICS Code.

The SBA must determine that the mentor-provided assistance will promote real developmental gains for the protégé and not just act as a vehicle to receive federal small business set-asides.

Make sure both businesses are registered at SAM.gov.

The program may be extended by mutual agreement between protégé and mentor.A mentor protégé relationship may last up to 6 years.How long does the mentor protégé program last? Is able to impart value to a protégé firm due to lessons learned and practical experience gained or through its knowledge of general business operations and government contracting.Does not appear on the federal list of debarred or suspended contractors.Is able to carry out its responsibilities to assist the protégé.A company may not have more than two mentors over the life of the business.A Protégé may have two mentors at the same time without conflict or competition.One that meets the SBA’s Size Standard or SBA’s table of small business size standards.General and administrative assistance, like human resource sharing or security clearance support.Business development, including strategy and identifying contracting and partnership opportunities.Education about international trade, strategic planning, and finding markets.Assistance navigating federal contract bidding, acquisition, and the federal procurement process.Financial assistance in the form of equity investments, loans, and bonding.Guidance on internal business management systems, accounting, marketing, manufacturing, and strategic planning.Changes to the joint venture review and approval process.New and updated tools to encourage participation in the MPP.Mentor-protégé agreement clarifications of Title 13 Part 125.9 of the Code of Federal Regulations (CFR).Requires less SBA involvement for joint ventures.Streamlines the new program while keeping the same benefits as the two former programs.Removes the need for businesses to choose between two mentor-protégé programs.What are the Benefits of the SBA Mentor-Protégé Program? The SBA Mentor-Protégé Program (MPP) is designed to cultivate strong protégé firms through mentor-provided business development assistance, and to help protégés successfully compete for government contracts. As of November 16, 2020, the 8(a) Mentor-Protégé program and the All-Small Mentor-Protégé program merged into one SBA Mentor-Protégé Program.

Sba mentor protege