Mentor Protégé Connection Program Overview
The Georgia Mentor Protégé Connection (MPC) is a business development program administered by the Georgia Education Foundation (GEF) in partnership with the Department of Economic Development and the Georgia Institute of Technology.
Emerging firms who are accepted into the program have an opportunity to make tremendous strides in areas such as business acumen, methods and procedures, competitiveness and capability. The ultimate goal of the program is to create jobs and spur economic growth throughout the state of Georgia by building the capacity of small business firms.
- Increase the number of jobs in Georgia through business development
- Develop the business acumen, performance capacity and competitiveness of small businesses.
- Help emerging firms avoid the pitfalls and mistakes that hinder business growth
- Expose mentor corporations to potential new suppliers and contractors
- Allow protégé principals to tap into the experience and expertise of senior
Acceptance into the program requires the completion of a comprehensive application process. Our goal is to maximize the effectiveness of every mentor-protégé relationship by ensuring a good match. Some of the factors that are evaluated are: industry, location, maturity, experience, and compatibility. All protégé candidates firms must meet stringent application criteria.
Each Applicant Must Meet the Following:
– Registered with Georgia Secretary of State
– Nominated by Corporate Mentor, Program Alumni or Affiliate Partner
– Georgia-based for at least three years
– Three Years Financial Documentation
– Minimum three full-time, non-contract employees
– Agree to all program requirements
– Demonstrate community involvement
– Submit $100.00 non-refundable application fee
WHO CAN NOMINATE?
Eligible small business firms must be nominated in order to be considered for the program. Established companies, business leaders, organizations, institutions and government agencies are encouraged to submit nominations. Examples of nominating enterprises include: chambers of commerce, economic development authorities, SBDC and SBA, and past mentors and corporations doing business in Georgia. Click to Nominate a Protege
2018 GEORGIA MPC APPLICATION CALENDAR
Protege Application Deadline / Corporate Commitment Deadline August 24, 2018
Applicant Interviews – September
Shark Tank Experience / Mentor Vetting Day (required for all applicants / corporate mentors) November 2, 2018
Mentor Pick Submission Deadline November 16, 2018
Acceptance Notices Sent December 8, 2018
Program Fee Deadline December 15, 2018
Application fee: A non-refundable application fee of $100 is due with the application
Program fee: A non-refundable program fee of $1,500.00 is due upon acceptance into the program.
Once a firm has been nominated as a candidate for admission into the MPC the application process begins. The applicant must submit a complete packet, containing all of the required documentation and application fee on or before the application deadline – no exceptions. The application process is rigorous by design, as the candidate must demonstrate the characteristics necessary to be eligible for such a life-changing business opportunity. This process also ensures a worthwhile experience for our mentors, who make such generous investments of their valuable time.