As a small business, do you find yourself missing out on opportunities that you know you can do well but can’t compete because you don’t have the right past performance?
Or, as a large business, do you find yourself shut out from opportunities that are set-aside for small businesses?
In either case, the SBA’s All Small Mentor-Protégé Program (ASMPP) might be a good way for you to overcome these barriers. Once the SBA approves your Mentor-Protégé application, you may form a Joint Venture (JV) to pursue opportunities for which you would otherwise not be eligible.
A large business that mentors a small business through this program can compete for those small business set-asides through the JV and a small business protégé can rely on the large business’ past performance. For more information on the benefits of this program or to discuss whether this is right for your business, please contact us today.