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Build Capacity by Joint Venturing! - Denver

Date: June 11, 2019
Time: 9:00 AM - 12:00 PM
Cost: Free
Location: Denver Chamber of Commerce
1445 Market St., Denver CO 80202

Register Today!

Have you ever considered bidding a job but didn't because it was too big or you didn't have enough 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. The U.S. Small Business Administration (SBA) has a program to support JVs and DBE certified firms can successfully JV and count toward DBE goals as long as they know the rules.

This workshop will take the mystery out of forming a JV. You'll learn how:

  • 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-Protégé program qualifies as a small business for set-asides if the protégé 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&A and meet the presenters