Certification in Supplier Diversity Practice Exam

Which type of organizations can act as mentor firms in the mentor-protege program?

1. Small local businesses

2. Prime contractors with subcontracting plans

3. Startups without federal contracts

4. Non-profit organizations

The correct answer is: Prime contractors with subcontracting plans

In the context of the mentor-protege program, prime contractors with subcontracting plans serve as ideal mentor firms. These organizations typically possess the experience, resources, and networks essential for aiding smaller businesses, particularly those that are emerging or less established in their fields. Prime contractors often have established relationships with government agencies and industry contacts, which they can leverage to provide guidance and resources for their proteges. They frequently engage in subcontracting, which presents an opportunity for them to include minority- or woman-owned businesses, among others, thus fostering diversity and inclusivity in the business landscape. The other types of organizations, while they may support businesses in various capacities, do not hold the same level of access to government contracts and resources that prime contractors possess. For instance, small local businesses and non-profit organizations generally lack the scope and scale necessary to operate at a level that would qualify them as mentor firms, while startups without federal contracts would be in a learning phase, lacking the requisite experience to mentor others effectively. Therefore, prime contractors are uniquely positioned to fulfill the role of mentor firms within the mentor-protege program.