Supporting business definition

Supporting business means a business under contract with the eligible business to provide property, materials, or services which are a necessary component of the operation of the manufactur- ing facility. To qualify as a supporting business, the business shall have a permanent facility or op- erations located within the economic development area, and the revenue from fulfilling the contract with the eligible business shall constitute at least 75 percent of the revenue generated by the business from all activities undertaken from the facility within the economic development area.
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Supporting business means a business under contract with the primary business to provide property, materials, or services which are a necessary component of the operation of the manufacturing facility. To qualify as a supporting business, the business shall have a permanent facility or operations located within the zone and the revenue from fulfilling the contract with the primary business shall constitute at least
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Supporting business means a business under contract
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Examples of Supporting business in a sentence

  • This will mean a clear focus upon:  Unlocking sites for housing and employment  Improving our connectivity within the Solent and beyond  Stimulating and supporting innovation  Improving the skills and talent of our current and future workforce  Supporting business growth through access to resources and advice  Supporting our key strategic sectors The Growth Strategy for the area targets six strategic priorities:  Supporting new businesses, enterprise and ensuring SME survival and growth.

  • At the outcome level: Supporting business activities by ensuring stable operation of the sewage system in Lozova city.


More Definitions of Supporting business

Supporting business means a business under contract with the eligible business to provide property, materials, or services which are a necessary component of the operation of the manufacturing facility. To qualify as a supporting business, the business shall have a permanent facility or operations located within the
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Supporting business means a limited company which:
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Related to Supporting business

  • Doing business means engaging in any activity, whether legal or illegal, that is conducted

  • banking business means the business of accepting deposits withdrawable or repayable on demand or after a fixed period or after notice and the employment of those deposits, in whole or in part, by lending or any other means for the account and at the risk of the person accepting the deposits;

  • Competing Business means any individual, corporation, partnership, business or other entity which operates or attempts to operate a business which provides, designs, develops, markets, engages in, produces or sells any products, services, or businesses which are the same or similar to those produced, marketed, invested in or sold by Company or any Affiliate.

  • Qualifying business means a business which establishes a qualifying project in this state and which is certified by the Department of Economic Opportunity to receive tax credits pursuant to this section.