Narrow by location

All Small Mentor-Protégé Program 2018 Year-End Report

News

By

The Small Business Administration (SBA) started accepting applications for the All Small Mentor-Protégé Program (ASMPP) in 2016, but SBA has seen a surge in applications in 2017 and 2018.

Under the ASMPP, any small business—including 8(a) small businesses, Historically Underutilized Business Zone (or HUBZone) small businesses, veteran-owned and service-disabled veteran-owned small businesses (VOSBs/SDVOSBs), woman-owned and economically disadvantaged woman-owned small businesses (WOSBs/EDWOSBs)—may enter into an agreement with a large business under which the large business will provide mentorship and assistance. In return, the large and small businesses are permitted to joint venture to perform federal small business set-aside contracts.

As a 2018 year-end report, here are some fast figures about the ASMPP that both large and small businesses need to know:

629 SBA reports that it has approved at least 629 different ASMPP agreements.
132 SBA reports that at least 132 of the 629 SBA-approved ASMPP agreements were approved under the protégé’s secondary—rather than primary—North American Industry Classification System (or NAICS) code.
210 SBA reports that at least 210 of the ASMPP participants are 8(a) firms.
237 SBA reports that at least 237 of the ASMPP participants are SDVOSBs.
85 SBA reports that at least 85 of the ASMPP participants are HUBZone companies.
54 SBA reports that at least 54 of the ASMPP participants are EDWOSBs.
102 SBA reports that at least 102 of the ASMPP participants are small businesses without any other set-aside status.
46 SBA reports that ASMPP participants are based or incorporated in 46 different U.S. states.
1 SBA reports that at least one ASMPP participant has been “Suspended pending a Size Determination.”

ABC Elects 2020 National Chair, Executive Committee

Associated Builders and Contractors’ Board of Directors elected Tim Keating, owner and president, R. C. Stevens Construction Co.,... »

Trump Revokes Nondisplacement of Qualified Workers Executive Order

By Aron C. Beezley, Bradley President Trump signed an Executive Order on October 31, 2019, revoking “Executive Order... »

Auburn University 2019 ESC Field Day

»

Upcoming ABC Webinars

Viewpoint's Take 15 Webinar Series *Hosted by ABC’s Strategic Partner Viewpoint* Date: Every Friday Time: 12 p.m. ET... »

LEAVE YOUR COMMENT

Your email address will not be published. Required fields are marked *