This article posted on our partner site Mondaq.com discusses how the SBA issued proposed rules that would establish a government-wide mentor-protege program for all small business types. These proposed rules include: an exception to not be considered affiliates on the basis of the approved mentor-protege joint venture; restricting whether a joint venture may be populated or not; joint ventures being required to submit an annual report to ensure compliance with the SBA regulations and joint venture agreements; the SBA wanting to track awards to joint ventures.

This comes to you as a part of Clausehound’s exciting new collaboration with Mondaq!