The SBA Mentor-Protégé Program lets a small business partner with a larger mentor, and a joint venture between them can compete for set-asides as small.
Requirements
SBA approval of the mentor-protégé agreement. A written JV agreement meeting SBA rules. The protégé must manage the JV and perform a minimum share of work.
Benefits
Access to the mentor’s past performance, capital and capacity.
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Beacon helps clients evaluate and structure these relationships.