![]() ![]() Forming a joint venture through the MPP gives middle market GCs the opportunity to bid on small business set-aside RFPs again with their small business partner. NAICS code), or graduated from 8(a) and are competing for federal business with larger and more established players. Here are some key ways that you, and other middle market GCs, can benefit from establishing a joint venture with a smaller partner through the MPP:Īs a middle market GC, you have exceeded small business size limits in your product or service category (i.e. Middle market GCs teamed with small business Protégés are advantaged in their joint potential to win small business set-aside opportunities once again, whereas full and open competition against companies 100x their size can be daunting. Furthermore, MPP allows for a Mentor to invest upwards of 40% equity into their Protégé without any affiliation issues ( FAR Part 19.101).Ī “medium” or middle market GC often derives more benefit from the MPP than does a very large contractor. Small business joint ventures have the capability to win government contracts that Mentors and Protégés may be less likely to win on their own. small business, woman, veteran, minority-owned and HUBZone certifications. Joint ventures formed by the Mentor and Protégé assume the full array of past performance from each company, as well as all of the small business set-asides, e.g. If approved, one Mentor (which can be any size by government standards), and one Protégé (which must be small as determined by SBA standards), will enter a formalized agreement for a three-year term. SBA’s MPP allows two companies to apply for a legal relationship with one another. It may come as a surprise then to learn that the Small Business Administration’s (SBA) All Small Mentor Protégé Program (MPP) can help to address these organizational challenges for small business and middle market government contractors (GCs). In addition to the daily focus on earning and servicing government contracts, succession is a topic that our middle market clients nearing retirement age are increasingly concerned about, particularly those with children who do not wish to carry on the family legacy. Small Business Administration’s Mentor Protégé Program Benefits Growth-focused Middle Market Government Contractors ![]()
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