A Small Business Success Story: Mentor-Protégé Agreements Drive Growth in Aerospace Sector
In the ever-evolving aerospace industry, collaboration and mentorship are vital for fostering innovation and growth. Recent achievements highlight the positive impact of Mentor-Protégé Agreements (MPA) facilitated by Jacobs Engineering Group, now known as Amentum Space Exploration Group. Two standout partnerships have demonstrated remarkable success and expansion, underscoring the value of such initiatives.
CODEplus and Amentum Space Exploration Group
The 24-Month MPA between CODEplus and Amentum Space Exploration Group has proven to be a game-changer. Recognized as the FY24 Marshall Space Flight Center (MSFC) Mentor-Protégé Agreement of the Year, this collaboration has significantly boosted CODEplus’s operations. Since the agreement’s inception on March 1, 2023, CODEplus has expanded its workforce to ten full-time employees and currently has two active job requisitions. This growth exemplifies the transformative potential of mentorship in nurturing small businesses within the aerospace sector.
KS Ware and Amentum Space Exploration Group / CH2M Hill
Another exemplary partnership involves KS Ware, which has benefitted from a 36-Month MPA with Amentum Space Exploration Group and CH2M Hill. This agreement has garnered accolades as both the FY23 NASA Agency Mentor-Protégé Agreement of the Year and the FY23 MSFC Mentor-Protégé Agreement of the Year. Through targeted business and technical counseling, KS Ware successfully launched a new drilling division in 2022 and expanded its offerings to include surveying services in 2023. The impact of this mentorship is evident, with a remarkable 30% growth rate reported for KS Ware.
These success stories highlight the critical role of Mentor-Protégé Agreements in empowering small businesses in the aerospace industry. By fostering collaboration and providing essential support, Amentum Space Exploration Group has not only strengthened its partnerships but also contributed to the broader growth and innovation landscape. As the aerospace sector continues to evolve, such initiatives will be essential in driving future success.
Published by: Tracy L. Hudspeth