8(A)
MENTOR-PROTEGE
PROGRAM ::
The 8(a)
mentor-protege program is designed to encourage approved mentors to
provide various forms of assistance to eligible 8(a) program
participants. This assistance may include technical and/or
management assistance, financial assistance, subcontracts, or assistance
in performing government contracts. This page provides additional
information about how the mentor-protege program works.
| What
is a Mentor? |
|
Any
business that demonstrates a commitment and the ability to
assist developing 8(a) companies may act as a mentor under this
program. This includes businesses that have graduated from
the 8(a) program, firms that are in the transitional stage of
the 8(a) program, other small businesses, and large
businesses. A mentor must demonstrate that it possesses
favorable financial health, possesses good character, does not
appear on the federal list of debarred or suspended contractors,
and can impart value to a protege. Once approved, a mentor
must certify annually that it continues to possess good
character and a favorable financial position.
|
| What
is a Protege? |
|
|
In order
to qualify as a protege, an 8(a) company must be in the
developmental stage of the program; have never received an 8(a)
contract; or have a size standard that is less than half the
size standard corresponding to its primary NAICS Code. A
8(a) company must also demonstrate that it is in good standing
under the 8(a) program to be considered for a mentor-protege
relationship.
|
| Need
Help? |
|
8(a)
companies can reap major benefits through forming mentor-protege
relationships
in pursuit of government contract opportunities. However, the risks of
establishing such relationships without appropriate legal advice are high. A
company that establishes and pursues a mentor-protege
relationship in violation of the requirements of the SBA may be
subject to suspension or termination from the 8(a)
program. For assistance in forming a mentor-protege relationship with another
business, contact
us for a consultation.
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| |
