SBE Mentorship Program Clause Samples
SBE Mentorship Program. Before the first Major Phase Approval, the Authority will work with Developer to implement a model mentorship program that will ▇▇▇▇▇▇ emerging Small Business Enterprise firms who are capable of performing high quality construction at competitive prices. Two main goals of this program will be to increase the volume of work that these emerging firms compete for and broadening the base of their activity in the building industry. Developer will encourage all contractors who intend to bid on major projects during the horizontal construction phase to work with the Authority to identify opportunities to partner with local SBE firms and to develop mentorship programs that provide measurable results, such as survival rates for mentors, recognizable improvements to firm’s financial strength and bonding capacity, increases to the number of employees employed and success in meeting the objectives of each firm’s individual business plans.
SBE Mentorship Program. TICD will work with TIDA to develop a model mentorship program that will ▇▇▇▇▇▇ emerging Small Business Enterprise firms who are capable of performing high quality construction at competitive prices. Two main goals of this program will be to increase the volume of work that these emerging firms compete for and broadening the base of their activity in the building industry. TICD will encourage all contractors who intend to bid on major projects during the horizontal construction phase to partner with local SBE firms and to develop mentorship programs that provide measurable results, such as survival rates for mentors, recognizable improvements to firm’s financial strength and bonding capacity, increases to the number of employees employed and success in meeting the objectives of each firm’s individual business plans. For purposes of this Agreement, including paragraphs II.A.1 and 2 above, SBE's shall include businesses that are wholly owned or directed by a non-profit organization that is a TIHDI member.