The Small Business Administration (SBA) started accepting applications for the new All Small Mentor-Protégé Program (ASMPP) in October 2016, but SBA has seen a surge in applications in 2017.
Under the ASMPP, any small business—including Historically Underutilized Business Zone (or HUBZone) small businesses, 8(a) 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.
Previously, we provided a mid-year report on fast figures about the ASMPP that both large and small businesses need to know. Here is our year-end update to those figures:
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356 |
SBA reports that, as of Dec. 1, 2017, it has approved 356 different ASMPP agreements. |
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1,116 |
As of Dec. 1, 2017, there have been more than 1,116 views of the new SCORE-SBA ASMPP Webinar. |
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16 |
SBA reports that, as of Dec. 8, 2017, 16 8(a) Mentor-Protégé Program participants transferred to the new ASMPP. |
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64 |
SBA reports that at least 64 of the 356 SBA-approved ASMPP agreements were approved under the protégé’s secondary—rather than primary—North American Industry Classification System (or NAICS) code. |
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72 |
SBA reports that, as of Dec. 8, 2017, 72 ASMPP applications were declined by SBA. |
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112 |
SBA reports that at least 112 of the ASMPP participants are 8(a) firms. |
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110 |
SBA reports that at least 110 of the ASMPP participants are SDVOSBs. |
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47 |
SBA reports that at least 47 of the ASMPP participants are HUBZone companies. |
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54 |
SBA reports that at least 54 of the ASMPP participants are EDWOSBs. |
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65 |
SBA reports that 65 of the ASMPP participants are small businesses without any other set-aside status. |
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42 |
SBA reports that ASMPP participants are based or incorporated in 42 different U.S. states/territories/districts. |
