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Mentor Protégé Programs

Mentor Protégé Programs. Nancy N. Alvarez-Hernandez Business Development Specialist U.S. Small Business Administration. What is the Mentor Protégé Program?.

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Mentor Protégé Programs

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  1. Mentor Protégé Programs Nancy N. Alvarez-Hernandez Business Development Specialist U.S. Small Business Administration

  2. What is the Mentor Protégé Program? A vehicle primarily designed to promote a business’ growth and development through a knowledgeable, skillful and experienced entrepreneur.

  3. Definitions Mentor - A wise and trusted counselor or teacher. Protégé - a person who receives support and assistance from a participating mentor, teacher to further the protégé's business development goals.

  4. Why Is Mentoring Important? • Contributes to the U.S. economy • Assist entrepreneurs succeed • Give back to community • New ideas and technologies

  5. How Can Mentors Help? • Experience and lessons learned. • Goal attainment. • Support/guidance of procurement ventures. • Capital Injection. • Insight/direction on expert matters. • Expand networking contacts.

  6. Benefits of Mentoring • Goodwill and Corporate Responsibility • Credit and Direct Reimbursement • Long-term Relationship • Increase Vendor Database • Innovative Approaches/Technologies • Meet Subcontracting Goals • Earn Points in Technical Evaluation Criteria • Access to Set-Aside Federal Procurements

  7. Mentor’s Role & Responsibilities • Teacher • Guide • Counselor • Motivator • Encouragement • Support • Incentives • Sponsor • Coach • Advisor • Action Plan • Target Areas • Development Activities • Success Indicators • Role Model • Referral Agent/Door Opener

  8. Benefits to the Protégé • Exposure/Interaction with Mentor • Technology/Capability Transfer • Business Management • Financial Management • Business Planning and Projections • Marketing/Sales • Outreach • Joint Venture • Access to Capital and Credit • Contract Assistance • Bid/Proposal Writing • Enhanced Competitiveness

  9. How Do I Participate? • Develop a Business Plan • Conduct a “Needs Assessment” • Identify/Research Prospective Mentors • Select Mentor

  10. Conduct a Good Fit Attribute Assessment • a. Growth Expectation • b. Goal Drive • c. Insightful • d. Methodical • e. Visionary • f. Supportive • g. Strategic • h. Respected/Admired • i. Patient

  11. How Do I Participate? (Cont.) • Start Proposal Phase a. Develop Mentor/Protégé Agreement Considering: • Needs Assessment • Good Fit Attribute Assessment • Agency’s Mission 7. Sign Agreement/Submit to Agency

  12. Federal Mentor Protégé Programs Department of Defense http://www.acq.osd.mil/osbp/mentor_protege/participate/index.htm Federal Aviation Administration http://www.sbo.faa.gov/sbo/Content/OtherDocuments/MentorProtege.aspx Department of Homeland Security http://www.dhs.gov/xopnbiz/smallbusiness/editorial_0716.shtm Department of Veteran Affairs http://www.va.gov/vetbiz/ExpandBusiness/mentor.htm Environmental Protection Agency www.epa.gov/oam/fy04mentor.pdf

  13. Federal Mentor Protégé Programs (Cont.) Department of Agriculture http://www.usda.gov/da/smallbus/mentor.htm Department of Treasury http://www.treas.gov/offices/management/dcfo/osdbu/mentor-protege/ U.S. Air Force http://selltoairforce.org/Programs/MentorProtege/ U.S. Army http://www.sellingtoarmy.com/User/ShowPage.aspx?PageID=408

  14. More Information Main Webiste: www.sba.gov SBA’s Mentor Protégé Program: www.sba.gov/8abd North Florida District Office Website: www.sba.gov/fl/north Tel: 904-443-1900

  15. Questions?

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