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How to Successfully Joint Venture to Grow Your Business

Jun
11
2019
Tue 9:00 AM to 12:00 PM



Have you ever considered bidding a job but didn't because it was just too big? Have you passed up opportunities because you didn't have enough time or resources? Forming a Joint Venture (JV) could be the answer! It may seem intimidating for a small business but it is an excellent tactic to quickly build capacity and grow your business.

This workshop will take the mystery out of forming a JV and show you the benefits such as:

  • You can receive DBE credit for the clearly defined portion of the work performed by the DBE partner (even if the other partner is large or not a DBE).
  • A JV in the SBA Mentor-Protege program qualifies as a small business for set-asides if the protege alone qualifies as a small business, including contracts for veteran-owned, women-owned, and HUBZone businesses.
  • JVs can help your business grow faster, increase productivity and generate greater profits.

Experts:

  • Colorado SBDC - Gain an understanding of how JVs work and how they can benefit a small business from Laurie Jones, East CO SBDC consultant who has written a book on Joint Venturing.
  • PilieroMazza - Understand how to legally enter into a JV and set up your partnership with clear roles and responsibilities from Peter Ford, Attorney at PilieroMazza.
  • CDOT - Learn the requirements for DBE JVs and counting toward goals from Jun Arcilla, CDOT's Certification Manager.
  • SBA - Find out how JVs work for federal contracting and the advantages for large and small businesses from Carolyn Terrell, SBA Lead Business Opportunity Specialist.

Agenda:

  • 9am - 9:15am - Welcome and introductions
  • 9:15am - 9:45am - When and why it makes sense to form a JV
  • 9:45am - 10:15am - Legal structure and roles/responsibilities of JV teaming arrangements
  • 10:15am -10:30am - Break
  • 10:30am - 11:00am - How SBA supports JVs in 8(a) and Mentor-Protege programs
  • 11am - 11:30am - How CDOT supports JVs with DBEs and how counting works
  • 11:30am - 12pm - Q and A and meet the presenters

Fee: No Cost

Phone: 303-620-8076

Location

Denver Metro SBDC
Denver Metro Chamber of Commerce 1445 Market St., 5th Floor Denver, CO 80202
Site Content © 2019, Colorado SBDC