Strategic Insights: Perspectives on Mentor Protégé Agreements
Date / Time:
April 18, 2023 / 2:30 pm ET
2023 PSC Annual Conference
The Greenbrier Resort, West Virginia
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In November 2020, two of the U.S. Small Business Administration programs (e.g., 8(a) Mentor-Protégé, All Small Mentor-Protégé programs) merged into the SBA Mentor-Protégé program (MPP) – simplifying and streamlining the process for eligible businesses to participate. Panelists will discuss: (1) MPP’s current structure, to include delineation of mentor-protégé vs. Joint Ventures (JVs); (2) benefits for mentors and protégés; and (3) lessons learned and strategic considerations to support success for both participants. How does the program affect the industry writ large? What effects has it had on small businesses and small business utilization goals for other than smalls? What are recent trends in federal acquisition approaches, and what impact have these approaches had on businesses who do not participate in mentor-protégé or JV arrangements? Additionally, the panel will discuss potential strategies to support a level playing field for negotiations between mentors and proteges (e.g., mentor ownership thresholds, CAPEX investments / reinvestment, workshare arrangements, etc.)