Get Mentor Protege Agreements
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How to fill out the Mentor Protege Agreements online
This guide provides clear instructions for completing the Mentor Protege Agreements online. Users will learn the necessary steps to ensure that the agreement accurately reflects the partnership between the mentor and protegee.
Follow the steps to successfully complete the Mentor Protege Agreement
- Click the ‘Get Form’ button to obtain the Mentor Protege Agreement document and open it in the editor.
- Fill in the Protégé Company Name and Mentor Company Name in the designated fields. Ensure the names are spelled correctly, as they will appear in the official agreement.
- Insert the State Name for both the mentor and protegee corporations. This information is crucial for legal identification.
- Complete the principal place of business details for both parties, including Business Street, City, State, and Zip codes. Accuracy in this section is important for official correspondence.
- Follow the instructions outlined in the sections addressing the assessment of the protegee’s needs and the assistance to be provided by the mentor. Clearly articulate the specific types of support and resources that will be exchanged.
- Provide details regarding the submission of applications to the SBA, highlighting the roles and responsibilities of each party in preparing the necessary documentation.
- Outline the preparation of mentor/protegee reports as required by the SBA, specifying the commitment of the mentor to assist the protegee in this task.
- Indicate the effective date of the agreement, ensuring to note the approval by the SBA and the duration of one-year terms during the protegee’s participation in the 8(a) program.
- Detail the termination clauses for the agreement. Ensure both parties are clear on the conditions under which the agreement may be voluntarily terminated by either the mentor or protegee.
- Designate points of contact for both the mentor and protegee, including names, titles, and complete addresses. This section is essential for communication and administration of the agreement.
- Add the respective names, titles, and dates for both the mentor and protegee at the end of the agreement to finalize the document.
- Review all entries to ensure accuracy and completeness before saving the changes. Once reviewed, you can download, print, or share the agreement as necessary.
Start completing the Mentor Protege Agreements online today to foster valuable partnerships.
In the context of the Small Business Administration (SBA), a mentor can have multiple protégés; however, the limit is commonly set to one protégé within a given time frame for effective mentoring. This ensures that the mentor can provide focused guidance and support. By adhering to these guidelines, mentors can maximize the benefits of Mentor Protege Agreements. It's essential to remain updated on SBA regulations to ensure compliance.
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