Under SBA’s Mentor-Protégé program, protégés can gain the following benefits:
- Technical and management assistance: The mentor’s expertise, resources, and capabilities are made available to the protégé.
- Prime contracting: Mentors can enter into joint-venture arrangements with protégés to compete for government contracts.
- Financial assistance in the form of equity or loans: Mentors can own equity interest of up to 40% in a protégé firm to help it raise capital.
- Qualification for other SBA programs: A protégé can obtain other forms of SBA assistance as the result of its good standing in the Mentor-Protégé program.