The U.S. Small Business Administration (SBA) recently published a proposed rule to amend its regulations to establish a government-wide Mentor-Protégé Program for all small businesses as directed by the Small Business Jobs Act of 2010 and the National Defense Authorization Act of 2013 (NDAA). As directed by the statute, the proposed small business mentor-protégé program is modeled on SBA’s existing 8(a) Business Development mentor-protégé program.
The expansion of the program will increase opportunities for small businesses to enter the federal marketplace as well as to pursue larger and more complex requirements. The mentor protégé program is designed to pair up nascent firms that are facing potential development gaps with larger, more experienced firms that can assist in filling those gaps.
Mentors typically provide support in areas such as managerial experience, past performance qualifications, project implementation know-how and the ability to manage larger and complex contracts.
For more information about the proposed revisions visit: http://www.regulations.gov/#!docketDetail;D=SBA-2015-0001