This article posted on our partner site Mondaq.com addresses how small businesses can prevent losing contracts with government agencies when they are affiliated with a larger firm. For the federal government, Small Business Administration, if the small business can be a “protege” in a joint venture with an approved “mentor” and not lose these valuable contracts. The author notes that the formal requirements to establish this program needs to be satisfied even if a mentor-protege relationship has existed between the parties previously. The author notes to take advantage would be opportune for small business but compliance and due diligence are required.
This comes to you as a part of Clausehound’s exciting new collaboration with Mondaq!