The mentor protégé program for companies with 8a certification

The SBA provides mentor protégé to companies with 8a certification for business development assistance to the successful firms. The only aim of the Mentor Protégé program is to build the potential of the participants to gain entrepreneurial success. It also helps in contributing to the strength of the economy of the country as well.

The reason to enter the program

The companies with 8a certification enter the program to

  • develop the capabilities of the dependent company
  • help the dependent company to achieve the goals designed by the SBA standard business  plan
  • it will help the protégé capacity to complete the contract

Financial aid in the program

Aid is required by the dependant company in any form. The protégé is also entitled or eligible for financial aid by the mentor company. Mentors can have up to 40% in of the protégé to help it to increase or to raise the capital.


The 8a certification provides aid to companies with the federal contracts. However, for big contracts, the small companies are not capable and therefore the program allows the mentor protégé option. The 8a program does not guarantee the federal contracts but it definitely promotes assistance of this kind.


The author is a business blogger who works for 8a certification EZ8A that offers the best quality sba 8a Certification in the USA. The company has its Business office located at 4 Interstate Access Road, Suite C Wilder, KY 41076 and can be contacted by Phone +1 859 442 1050, by Email: info@ez8a.com. Interested people can visit the company website https://www.ez8a.com for more information.

Comments

Popular posts from this blog

Get your Business Uplifted with Right SAM Registration

How a consultant can help your business get 8a certification?

8a Certification Helps Us Small Businesses To Be Eligible To Receive Federal Contracts