NEW MENTOR PROTEGE PROGRAM EXPANDS TO INCLUDE MORE SMALL BUSINESSES

We've all been waiting for this. For the longest time, the SBA's Mentor Protege Program was only available to 8(a) Certified companies. Even though multiple legislations were passed for the expansion to include other certified companies years ago, it's finally here. 

Not only can 8(a) companies, but now, Service Disabled Veteran Owned Small Businesses (SDVOSB), Women Owned Small Businesses (WOSB), and Hubzone companies all have the same opportunities to utilize the Mentor Protege Program.

So what does this mean for your company? If you're a small business, then you have an opportunity to set up a formal MP Agreement with large companies to assist your company. If you're a large company, then you now have access to more contracts normally reserved for set-aside programs. In a MP Joint Venture, both the large and small companies can now pursue more projects together. Large companies can better meet their subcontracting goals and small companies can go after bigger sized projects.

GCA is hosting a FREE webinar on the expansion of the Mentor Protege Program.  Register to attend one of the upcoming webinar here: 

www.MentorProtege.net