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Wednesday, January 22, 2014

DoD's Mentor-Protege Program

If you are running a small disadvantaged business and want to try your luck with Department of Defense (DoD) bids, then you have no reason to fret about your chances of landing on a contract. The Department of Defense has a Mentor-Protégé Program (MPP) that helps small disadvantaged businesses increase their market exposure and participation, creating new jobs and improving the national income in the process!

This is how the MPP works:

You, the small business owner is the protégé and the bigger company you partner with is the mentor. Your mentor has ideally won contracts before and has ample working knowledge about the entire procurement process. They will help you put your best foot forward in competing for prime contracts and subcontract awards under individual, project-based agreements.

Areas of specialization that the MPP covers include environmental remediation, engineering, information technology, manufacturing, telecommunications, and healthcare. Recently, the program has been concentrating on corrosion engineering, information assurance, robotics, circuit board, and metal component manufacturing. Future agreements will hopefully include new technology areas as well (e.g., radio frequency identification devices).

The MPP is advantageous to both the mentor and protégé company. A number of mentor companies have integrated the program into their sourcing strategies, and protégé companies have benefited from the program by way of a more diversified customer base and expanded market. Many MPP protégé firms have won contracts and established fruitful business partnerships with government entities.

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