In this episode Jenny talks about the All Small Mentor-Protege program and how you can take advantage of it and move your company forward.

Is there a Joint Venture in your Future?

All Small Mentor-Protege

• Similar to 8(a) Mentor Protégé
• SBA, not DOD
• First applications October 2016
• JV inherits socio-economic status of protégé

How the All Small Application Works

• Two small businesses decide to pursue All Small and Joint Ventures
• Online application with SBA
• Online training and certificate upload
• Approval by local SBA office
• Start forming JVs

Benefits of All Small Mentor-Protege

• Less financial risk of being a subcontractor to a small business
• Allows existing teaming relationships to be rolled into peer relationship instead of prime-sub
• Less capital required to form JV
• Reduced complexity of billing/accounting

Why I LOVE Joint Ventures

• Unpopulated Joint Ventures have NO employees
• JV partners perform the work and invoice JV
• JV combines invoices and bills the customer
• Customer pays JV and JV pays JV partner invoices
• JV partners share profits in JV

To contact Jenny W Clark

CEO

Solvability, Inc

www.solvability.com

Phone	256-882-6276
E-mail	jwclark@solvability.com
Linkedin	Solvabilityjwc
Twitter	Solvabilityjwc

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