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ARTICLE · 01 AUGUST 2016

New SBA Rules Expands Mentor-Protégé Program—Creating Opportunities For Small And Large Businesses

Troutman Pepper Locke LLP
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The Small Business Administration's various new rules issued on July 25, 2016 and taking effect on August 24, 2016, implement changes from the Jobs Act and the National Defense Authorization Act for Fiscal Year 2013.

United StatesGovernment, Public Sector
David P. Goodwin
David P. Goodwin
Shomari B. Wade
Shomari B. Wade
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The Small Business Administration's ("SBA") various new rules issued on July 25, 2016 and taking effect on August 24, 2016, implement changes from the Small Business Jobs Act of 2010 ("Jobs Act") and the National Defense Authorization Act for Fiscal Year 2013 ("NDAA 2013"). The cumulative effect of the new rules is to expand the mentor-protégé program from only participants in the 8(a) Business Development Program to all small business concerns, while making the rules for each of the mentor-protégé programs as consistent as possible.

Expanding the Mentor-Protégé Program for All Small Business Concerns

The explicit purpose of the 8(a) Business Development mentor-protégé relationship is to enhance the capabilities of protégés and to improve their ability to successfully compete for both government and commercial contracts. Likewise, the mentor-protégé program being implemented by this rule is designed to achieve the same goals as it relates to all small business

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