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The Flood Gates Are Opened: SBA’s Mentor-Protégé Program Expands to All Small Business Concerns

Client Alert | less than 1 min read | 07.22.16

On July 25, 2016, SBA will publish its final rule, effective 30 days from publication, establishing a mentor-protégé program for all small business concerns, which will be separate from, but similar to, SBA’s current 8(a) Business Development program. As we will elaborate on further next week in a blog and a webinar thereafter, the government-wide program will significantly expand the pool of companies that can qualify as protégés and for which mentors have unique investment and joint venture opportunities to leverage on set-aside procurements.

Insights

Client Alert | 3 min read | 04.23.24

DOJ Promises NPAs to Certain Individuals Through New Voluntary Self-Disclosure Pilot Program

On April 15, 2024, the Acting Assistant Attorney General for the Criminal Division of the Department of Justice (“DOJ”) Nicole Argentieri announced a new Pilot Program on Voluntary Self-Disclosure for Individuals (“Pilot Program” or “Program”). The Pilot Program offers a clear path for voluntary self-disclosure by certain corporate executives and other individuals who are themselves involved in misconduct by corporations, in exchange for a Non-Prosecution Agreement (“NPA”). The Pilot Program specifically targets individuals who disclose to the Criminal Division at DOJ in Washington, D.C. information about certain corporate criminal conduct. By carving out a clear path to non-prosecution for those who qualify, DOJ has created another tool to uncover complex crimes that might not otherwise be reported to the Department. ...