Mentor-Protégé Program participants received special recognition from Mayor Anthony Foxx and Charlotte City Council during the 2010 Small Business Week Breakfast.
The Mentor-Protégé Program provides hands-on managerial and technical assistance, matching larger “mentor” companies with less experienced “protégé” Small business Enterprise (SBE) companies in need of guidance and training. Created as a value added feature to the certification process, the Mentor Protégé program helps the Charlotte Business INClusion program develop, support and enhance the success of small business in the community.
The program is categorized in two stages: Developmental and Transitional. The Developmental stage will concentrate on financial and managerial skills along with the development of a business plan. The Transitional aspect is designed to help the protégé business leave the program and successfully participate in the City’s bid and construction process.
Who can Participate
All City-certified SBEs are eligible for the program.
How to Participate
Protégé businesses are contractors, certified SBEs by the Charlotte Business INClusion program. Businesses acting as mentors in the program are prime contractors that participate in City contracts. Small business owners participate in a screening process to determine which mentor would best suit their needs, and both sides sign an agreement regarding the scope of work and responsibilities. Each mentor-protégé pair meets on a regular basis for six months to a year, depending on their commitment.
Program participants submit quarterly progress reports to the Charlotte Business INClusion program office to gauge progress and effectiveness of program.