Understanding Federal Mentor-Protege Programs for Small Business
August 3, 2012
The U.S. Small Business Administration is in the process of drafting regulations to create mentor-protégé programs for HUBZone, Economically Disadvantaged Woman- Owned Small Businesses, and Service Disabled Veteran-Owned Small Businesses contractors. These new mentor-protégé programs will result in more opportunities both for newly eligible small business protégés as well as “other than small” contractors that serve as mentors. Additionally, these new programs will further the SBA’s goal of increased small business participation in federal government contracting. Although the draft regulations have not been made publicly available, these new programs are likely to be modeled after the SBA’s established 8(a) mentor-protégé program.
An SBA 8(a) mentor-protégé relationship consists of an SBA-certified 8(a) protégé paired with an “other than small” mentor. The mentor provides assistance as defined in the parties’ mentor-protégé Agreement aimed at helping the protégé perform successfully on federal government projects. View entire article