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The Mentor/Protégé Program for 8(a) Participants
Federal Government Contracting Assistance
Mentor/Protégé Program for 8(a) Participants
If you're a small business owner classified as socially and economically disadvantaged, you can turn to the US Small Business Administration for in-depth business advice to become more competitive in obtaining federal government contracts.
The SBA's mentor/protégé program encourages private-sector relationships and broadens the agency's efforts to address the developmental needs of clients in the 8(a) Business Development Program.
Mentors can provide you with technical and management assistance, financial assistance in the form of equity investments or loans, subcontract support, and assistance in performing prime contracts through joint-venture arrangements with 8(a) businesses.
The program is offered under the SBA's 8(a) Business Development Program, which provides an avenue for socially and economically disadvantaged Americans to achieve entrepreneurial success.
Under SBA's mentor/protégé program, your business can gain the following benefits:
To participate in the program, your protégé business must
Businesses involved in the program may have only one mentor at a time.
What Are the Requirements to Become a Mentor?
Your business can become a mentor if it has graduated from the 8(a) Business Development Program, is a company in the transitional stage of the program, or is a small or large business. As a mentor, you must be able to assist the protégé business, make a commitment for at least a year and demonstrate
Generally, a mentor will not assist more than one protégé business at a time without SBA authorization.
How Does an 8(a) Participant Enter the Program?
Both mentor and protégé enter into an SBA approved written agreement, which outlines the protégé's needs and describes the assistance the mentor is committed to providing. The protégé's servicing SBA district office evaluates the agreement according to the provisions contained in Title 13, Code of Federal Regulations, Part 124.520. The SBA conducts annual reviews to determine the success of the relationship.
Business opportunity specialists located in SBA district offices can provide assistance with the agreements.
For additional information, call or write:
8(a) Business DevelopmentMentor/Protégé Program
US Small Business Administration
409 Third Street, SW
Washington, DC 20416
Phone: 202-205-6423
Or visit our Mentor/Protégé Program Web site at www.sba.gov/med/mentorproc.html.
For More Information
SBA offices are located in all 50 states, the District of Columbia, Puerto Rico, the US Virgin Islands and Guam. For the office nearest you, look under "US Government" in your telephone directory, or contact:
Inquire at your local SBA office for the location of the following resources:
SBA Publications
The Facts About
SBA Publicationsa listing of free SBA publications
All of the SBA's programs and services are provided to the public on a nondiscriminatory basis.
SBA
U.S. Small Business Administration
409 Third Street, S.W.
Washington, DC 20416
Official Business
Penalty for private use - $300
SBA no. CO-0093 (03/01)
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