My WOSB management consulting firm is looking into the SBA Mentor-Protege Program for potential federal contracts, specifically for NAICS 541611, Administrative Management and General Management Consulting Services. We've been a subcontractor on several larger projects, and now we are ready to build our prime experience. I've read through some of the SBA's guidance online, but I am finding it hard to get a clear picture of the specific requirements that must be met for an agreement to be approved in 2026. I am particularly interested in the criteria for the mentor, the protege, and the contents of the agreement itself. What are the key requirements the SBA looks for when approving a mentor-protege agreement?
What are the requirements for an SBA Mentor-Protege agreement to be approved in 2026?
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The SBA looks for specific criteria for both the mentor and the protege, and the agreement itself must detail the assistance the mentor will provide. The protege firm, like your WOSB, must be a small business for its primary NAICS code and be eligible for at least one small business program, such as the Woman-Owned Small Business (WOSB) program. The mentor firm must be an experienced business that can provide developmental assistance to the protege, and it generally cannot have more than three proteges at one time. The teaming agreement must identify the assistance the mentor will provide to help the protege grow, such as technical, managerial, financial, or business development support. The term of an SBA mentor-protege agreement may not exceed six years, including any extension. A protege may generally have a total of two mentor-protege agreements with different mentors over its lifetime.