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Joint Venture

Partnership between companies for specific contracting opportunities.

Definition

Joint Venture Partnership between companies for specific contracting opportunities.

Definition

A joint venture is a partnership between two or more companies formed to pursue specific government contracts. Joint ventures must register separately in SAM.gov. Small business joint ventures under SBA programs can use the mentor's capabilities while maintaining small business eligibility.

Related Terms

  • Mentor-Protégé

    Program pairing experienced contractors with small businesses.

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