SBA Mentor-Protégé & Joint Venture Arrangements – Important Elements of the Agreement
Listen to Brynn McNeil, an Assurance Partner in Cherry Bekaert’s Government Contracting Industry practice and Eric Poppe, a Senior Manager in the Firm’s GovCon practice, discuss the important elements of an agreement when forming a Mentor-Protégé/Joint Venture arrangement.
- Benefits of the Mentor-Protégé Program
- Basic principles to consider in Agreements
- Regulatory requirements
- Other considerations
In our previous podcast on the SBA Mentor Protégé program, we gave an overview of the program, discussed some of the goals and benefits from participating in this program, as well as eligibility to participate both from the mentor and the protégé perspectives.
We will continue to do future podcasts on this topic, highlighting the annual evaluations that need to be performed, compliance issues, including limitations on subcontracting, accounting and financial reporting, and pricing considerations.
Our Government Contractor Services group has an in-depth understanding of the 8(a) program and advises a number of 8(a) government contractors through each step of the process to add value and anticipate ongoing opportunities. From the initial important decisions made in becoming an 8(a), to the first contract, to how the company is growing throughout the life of the program.
If you haven’t already, catch up on other episodes in our podcast series discussing various aspects of the Small Business Administration’s (SBA) 8(a) Business Development Program:
- Part 1: The SBA 8(a) Business Development Program – What Is It and What Are the Requirements?
- Part 2: The SBA 8(a) Business Development Program Application Process and Requirements
- Part 3: What Are the Compliance Requirements for 8(a) Certified Companies?
- Part 4: Winning an SBA 8(a) Sole Source Award Contract – What’s Involved and What to Know
- Part 5: Winning an 8(a) Competitive Contract
- Part 6: Small Business Administration (SBA) Mentor-Protégé Program
- Part 7: The Lifecycle of an SBA 8(a) Company