The Small Business Administration (SBA) started accepting applications for the All Small Mentor-Protégé Program (ASMPP) in 2016, but SBA has seen a surge in applications in 2017 and 2018.
Under the ASMPP, any small business—including 8(a) small businesses, Historically Underutilized Business Zone (or HUBZone) small businesses, veteran-owned and service-disabled veteran-owned small businesses (VOSBs/SDVOSBs), woman-owned and economically disadvantaged woman-owned small businesses (WOSBs/EDWOSBs)—may enter into an agreement with a large business under which the large business will provide mentorship and assistance. In return, the large and small businesses are permitted to joint venture to perform federal small business set-aside contracts.
As a 2018 year-end report, here are some fast figures about the ASMPP that both large and small businesses need to know:
|629||SBA reports that it has approved at least 629 different ASMPP agreements.|
|132||SBA reports that at least 132 of the 629 SBA-approved ASMPP agreements were approved under the protégé’s secondary—rather than primary—North American Industry Classification System (or NAICS) code.|
|210||SBA reports that at least 210 of the ASMPP participants are 8(a) firms.|
|237||SBA reports that at least 237 of the ASMPP participants are SDVOSBs.|
|85||SBA reports that at least 85 of the ASMPP participants are HUBZone companies.|
|54||SBA reports that at least 54 of the ASMPP participants are EDWOSBs.|
|102||SBA reports that at least 102 of the ASMPP participants are small businesses without any other set-aside status.|
|46||SBA reports that ASMPP participants are based or incorporated in 46 different U.S. states.|
|1||SBA reports that at least one ASMPP participant has been “Suspended pending a Size Determination.”|
If you have any questions about the ASMPP or any related issues, please feel free to contact Aron Beezley.