What is a mentor protege agreement?
The Mentor-Protégé program is designed to motivate and encourage large business prime contractor firms to provide mutually beneficial developmental assistance to small business, veteran-owned small business, service-disabled veteran-owned small business, HUBZone small business, small disadvantaged business, and women- …
How long does a mentor protege agreement last?
six years
A Mentor-Protégé Agreement may last up to six years from the date of SBA approval. If the initial mentor-protégé agreement is for less than six years, it may be extended by mutual agreement and notification to SBA prior to the expiration date.
What is the all small mentor Protege Program?
This new program was established to develop strong protégé firms through mentor-provided business development assistance, and to help protégés successfully compete for government contracts. The SBA began accepting applications for this program on October 1, 2016.
What is a protege company?
To qualify as a protégé, a company simply has to be a small business under its primary NAICS code or under a secondary NAICS code under which it is seeking business development assistance. (To qualify as a protege in a secondary code, however, the company must have done business in that code).
How many protege can a mentor have?
Generally, a mentor will have no more than one protégé at a time, but the SBA may authorize mentors to have more than one protégé at a time “where it can demonstrate that additional mentor-protégé relationship will not adversely affect the development of either protégé firm.”34 Mentors cannot, under any circumstances.
What is a protege program?
Professional Training and Education for Growing Entrepreneurs (PROTÉGÉ) launched on January 28, 2019 is an entrepreneurial training and marketplace training program to develop and guide youths in collaboration with industry experts in the effort to create more competitive and ready job marketers as well as skilled job …
Can a mentor have two proteges?
What is the purpose of the DoD mentor protégé program?
The Department of Defense (DoD) Mentor-Protégé Program (MPP) provides incentives to major DoD contractors to furnish disadvantaged small business concerns with assistance designed to enhance their capabilities to perform as subcontractors and viable suppliers under DoD Contracts and other Federal Government and …
What is Protege Program?
Does protege get paid?
What is the salary trajectory of a Protege Trainee? The salary trajectory of a Protege Trainee ranges between locations and employers. The salary starts at MYR 131,206 per year and goes up to MYR 108,249 per year for the highest level of seniority.
What can I expect from a protege program?
The 8-month programme blends intensive soft skills classroom training and on-the-job training opportunities, offering practical skills and real-life experiences to a build strong foundation for a successful future.