After a participant in the SBA’s 8(a) Program graduates, can its mentor-protégé agreement be reapproved for another full year? Surprisingly, the answer may be “yes.” At least, this is what happened in the Armed Services Board of Contract Appeals’ decision in HMRTECH2 LLC, ASBCA No. 56829 (2009). However, subsequent rule changes indicate that the benefits of any such post-graduation re-approval will be limited to contracts obtained prior to graduation.