Town hall for small business mentor program set in Oklahoma City

Kay Bills, president of The Mid-America Government Industry Coalition Inc., discusses changes to the SBA Mentor-Protege Program.
by Paula Burkes Published: March 6, 2013
Advertisement
;

Q&A with Kay Bills

Small business mentor program to hold town hall meeting in OKC

Q: Your coalition is inviting small businesses throughout Oklahoma and four other states to attend a town hall meeting on proposed changes to the Small Business Administration's Mentor-Protege Program March 26-28 in northwest Oklahoma City. Can you explain what that is?

A: It's a mentoring program in which approved mentors provide proteges with assistance, from technical and management assistance to financial assistance. The latter may include a mentor's investment in a protege's company to raise capital or competing together for government contracts (from the U.S. Treasury and NASA to the Federal Aviation Administration, Veterans Affairs and Environmental Protection Agency).

Q: What's changing?

A: New regulations, which took effect in January, expand the program to all small businesses, not just disadvantaged, women-owned, hub zone or veteran-owned businesses. The rules must be published by Sept. 30 and our summit will help us gather recommendations early in the rule-making process. Coalition members will take their recommendations and comments to meetings in Washington, D.C., in May. For seasoned companies wanting to enter federal contracting, these agreements are a strategic way to move into the federal area. We expect open and frank discussion by government officials, mentoring companies and proteges about the ethical and compliance requirements of these programs.


by Paula Burkes
Reporter
A 1981 journalism graduate of Oklahoma State University, Paula Burkes has more than 30 years experience writing and editing award-winning material for newspapers and healthcare, educational and telecommunications institutions in Tulsa, Oklahoma...
+ show more


Trending Now


AROUND THE WEB

  1. 1
    UNC hires Zac Selmon as Associate Director of Athletics
  2. 2
    Wendy's: Tests build-your-own burger
  3. 3
    Teen arrested for making threats on Facebook
  4. 4
    Blake Griffin replaced by John Wall on US World Cup roster
  5. 5
    Two Texas players under investigation 'immediately eligible'
+ show more