Dod Mentor Protege Agreement Template

As a small business owner, partnering with larger companies can be an excellent way to grow your business and gain access to new markets and resources. However, entering into such agreements can be a complex and daunting process. That`s where the Department of Defense (DoD) Mentor-Protégé Program comes in.

The DoD Mentor-Protégé Program is a program designed to assist small businesses and enhance their capabilities by partnering them with larger companies. The program provides technical and managerial assistance, business development support, and increased access to prime contracting opportunities. In short, the program helps small businesses to become more competitive and better able to win contracts.

If you`re considering participating in the DoD Mentor-Protégé Program, you`ll need to submit a mentor-protégé agreement for approval. This document is crucial, as it outlines the roles and responsibilities of both the mentor and the protégé, as well as the specific areas in which the mentor will provide assistance. It`s important to note that the agreement must adhere to specific guidelines set forth by the DoD.

Creating a mentor-protégé agreement from scratch can be challenging, but luckily the DoD provides a template that can be used as a starting point. The DoD mentor-protégé agreement template outlines the key elements that should be included in the agreement, such as:

1. The parties involved: This section should clearly identify the mentor and protégé companies.

2. The agreement period: The start and end dates of the agreement should be outlined.

3. The scope of the agreement: This section should outline the specific areas where the mentor will provide assistance to the protégé.

4. The responsibilities of the mentor: This section should outline the specifics of what the mentor will do to assist the protégé.

5. The responsibilities of the protégé: This section should outline what the protégé will do to meet the objectives of the agreement.

6. Reporting requirements: This section outlines the specific reports that the protégé will be required to submit to the mentor.

7. Evaluation criteria: This section outlines the metrics that will be used to evaluate the success of the agreement.

It`s important to note that the DoD mentor-protégé agreement template is just a starting point. The agreement should be customized to fit the specific needs of the companies involved. Additionally, it`s essential to have a qualified attorney review the agreement before submitting it to the DoD for approval.

In conclusion, the DoD Mentor-Protégé Program is an excellent way for small businesses to partner with larger companies and gain access to new resources and markets. By using the DoD mentor-protégé agreement template as a starting point, small businesses can create a comprehensive agreement that outlines the roles, responsibilities, and objectives of both the mentor and the protégé. With the right agreement in place, small businesses can take advantage of all the benefits that the DoD Mentor-Protégé Program has to offer.