Participating in a federal mentor-protégé program can be one of the best ways for a small business to learn new skills and improve its competitive standing for government contracts. Mentors may benefit, too, by gaining socioeconomic and small business credit with procuring agencies and (in the case of the SBA mentor-protégé program), obtaining the ability to compete, together with a small business, as a joint venture on small business and 8(a) set-aside contracts.
If you are thinking about participating in a federal mentor-protégé program, Koprince Law can help make sure you do it right.
Every federal mentor-protégé program requires the prospective mentor and protege to execute a formal mentor-protégé agreement, setting forth the types of assistance the mentor will provide, benchmarks to ensure that assistance is provided, and so on. The SBA mentor-protégé program, thanks in part to updated 8(a) regulations adopted in 2011, is particularly strict in the types of documentation it requires.
Koprince Law can assist you in preparing thorough and compliant mentor-protégé agreements for:
- SBA 8(a) Mentor-Protégé Program
- Department of Defense (DoD) Mentor-Protégé Program
- Department of Veterans Affairs (VA) Mentor-Protégé Program
- Department of Homeland Security (DHS) Mentor-Protégé Program
- Department of Energy (DOE) Mentor-Protégé Program
- NASA Mentor-Protégé Program
- USAID Mentor-Protégé Program
- Department of the Treasury Mentor-Protégé Program
- Department of State Mentor-Protégé Program
- Other Agency Mentor-Protege Programs.
Once you are admitted to a federal mentor-protégé program, Koprince Law can help you maximize the benefits of your opportunities and ensure you remain compliant, including by preparing compliant SBA 8(a) mentor-protégé joint venture agreements and assisting you with annual mentor-protégé reporting requirements.