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DHS Mentor-Protege Program: Boosting Small Business Contracts

This new law establishes a program to help small businesses, including those owned by veterans, women, or minorities, secure contracts with the Department of Homeland Security. Larger companies will mentor smaller ones, fostering their growth and access to public procurement. This offers a significant opportunity for many businesses to expand.
Key points
The Department of Homeland Security will launch a mentor-protege program to support small businesses in securing contracts.
Larger firms (mentors) will assist smaller firms (proteges) with technical, managerial, and financial development.
The program aims to increase the participation of small businesses, including those owned by disadvantaged groups, in government contracts.
Participating firms may receive benefits, such as evaluation credit in contract awards.
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Additional Information
Print number: 117_HR_408
Sponsor: Rep. McEachin, A. Donald [D-VA-4]
Process start date: 2021-01-21