Socio-Economic Development definition

Socio-Economic Development means the initiatives carried out by a Measured Entity towards broad social and economic advancement of Black People in underdeveloped communities, which includes, without limitation, initiatives focusing on education, healthcare and programme(s), infrastructure development, enterprise creation within communities, reconstruction of underdeveloped areas, community training and skills development; "Socio-Economic Development Contributions" shall have the meaning attributed to it in paragraph 3.4.15 of this Schedule 2;
View Source
Socio-Economic Development means the initiatives carried out by a Measured Entity towards broad social and economic advancement of Black People in underdeveloped communities, which includes, without limitation, initiatives focusing on education, healthcare and programme(s), infrastructure development, enterprise creation within communities, reconstruction of underdeveloped areas, community training and skills development;
View Source

Examples of Socio-Economic Development in a sentence

  • A transformation plan is a record of activities an entity intends to undertake to improve its BBBEE Level through Ownership, Management and Control; Skills Development; Enterprise and Supplier Development and Socio-Economic Development.

  • A transformation plan is a record of activities an entity intends to undertake to improve its BBB-EE Level through Ownership, Management and Control; Skills Development; Enterprise and Supplier Development and Socio-Economic Development.

  • The Seller shall procure that the Quarterly Obligations referred to in Annex 10 (Quarterly Obligations) with regard to Socio-Economic Development, are attained or exceeded by it in the relevant periods.

  • These three ‘Focus Areas’ form the overall conceptual framework for the One Plan 2012-2016 and are aligned to the Socio-Economic Development Plan (SEDP) 2011-2015, which has the following key pillars: economic development; education, training, science and technology; social fields; resources, environment and sustainable development.

  • The Private Party shall ensure that it, and each Subcontractor, in undertaking the Project, promotes Socio-Economic Development and meet the commitments.

  • Collaboration between the local signatories, the NDA and the SMC, will be essential in developing and delivering the Annual Socio-Economic Development Plan.

  • The Committed Obligations with regard to the Socio-Economic Development Obligations are provided in Table 2.7 below.

  • The signatories recognise that the Socio-Economic Development Plan offers a particular contribution to delivering outputs relevant to the NDA, but will be set within the wider vision for socio- economic development in West Cumbria.

  • These obligations are to be based on the Bidder’s proposal denoting the commitments made by the Bidder with regard to Socio-Economic Development.

  • Following ongoing negotiations, the IBP has been recast as the Socio-Economic Development Plan (the Plan).

Related to Socio-Economic Development

  • Economic development means all powers expressly granted and reasonably inferred pursuant to SDCL § 9-54.

  • Michigan economic development corporation means the public body corporate created under section 28 of article VII of the state constitution of 1963 and the urban cooperation act of 1967, 1967 (Ex Sess) PA 7, MCL 124.501 to 124.512, by a contractual interlocal agreement effective April 5, 1999 between local participating economic development corporations formed under the economic development corporations act, 1974 PA 338, MCL 125.1601 to 125.1636, and the Michigan strategic fund. If it is determined that the Michigan economic development corporation is unable to perform its duties under this act, those duties shall be exercised by the Michigan strategic fund.

  • Transit-oriented development means infrastructure improvements that are located within 1/2 mile of a transit station or transit-oriented facility that promotes transit ridership or passenger rail use as determined by the board and approved by the municipality in which it is located.

  • Research and development means (1) theoretical analysis, exploration, or experimentation; or (2) the extension of investigative findings and theories of a scientific or technical nature into practical application for experimental and demonstration purposes, including the experimental production and testing of models, devices, equipment, materials, and processes. Research and development does not include the internal or external administration of radiation or radioactive material to human beings.

  • Economic development incentive means a financial incentive,