On Thursday, April 13, 2017, MoFo partner Damien Specht moderated the "SBA's 'All Smalls' Mentor-Protégé Tips and Discussion" seminar. The panel included Sandra Clifford, Deputy Director, All Small Mentor-Protégé Program, Small Business Administration and Jennifer Morrison, Associate General Counsel, Booz Allen Hamilton. The discussion centered on SBA's recently expanded mentor-protégé program and the opportunities it presents for both large and small businesses. The panelists spoke about what a good mentor-protégé relationship looks like and how it can be beneficial for both parties involved. Ms. Clifford shared her best tips for how a small business can get their application approved and what the SBA is looking for in terms of a business plan in the application. She also explained the specific terms and limitations of the relationship. Ms. Morrison gave the perspective from Booz Allen Hamilton on why a large government contractor might want to participate in the program.
Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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