Micro Business definition

Micro Business means a company which either:
Micro Business means a company which meets one of the following criteria: consumes less than 293,000 kWh of gas a year, or consumes less than 100,000 kWh of electricity a year, or has fewer than ten employees (or their full-time equivalent) and an annual turnover or annual balance sheet total not exceeding 2m.
Micro Business means a company which meets one of the following criteria: it consumes less than 100,000 kWh of electricity a year, or consumes less than 293,000 kWh of gas a year, or has fewer than ten employees (or their full-time equivalent) and an annual turnover or annual balance sheet total of not more than €2million.

Examples of Micro Business in a sentence

  • In accordance with Section 2-8.1.1.1.1 of the Miami-Dade County Code, contracts valued up to $100,000 are set-aside for certified Micro Business Enterprises (Micro) and Small Business Enterprises (SBE) firms, if there is sufficient availability (three or more firms certified under the commodity code).

  • For ITQ awards valued up to and including $100,000, a 10% (ten percent) bid preference shall apply for certified Micro Business Enterprise (Micro) bidders.

  • A Micro Business Enterprise is a certified SBE firm whose three year average gross revenues does not exceed $2 million, or is a manufacturer with fifty (50) employees or less, or is a wholesaler with fifteen (15) employees or less.

  • Micro Business Enterprises and Small Business Enterprises must be certified by Small Business Development under Business Affairs, a division of the Department of Regulatory and Economic Resources (RER), for the type of goods and/or services the enterprise provides in accordance with the applicable commodity code(s) for this solicitation.

  • Such Early Termination Payment will not apply if you were a Micro Business Consumer when you entered into this Agreement and the termination comes into effect at or after the end of the initial Supply Period.


More Definitions of Micro Business

Micro Business means a customer at premises other than domestic premises which meets one of the following conditions;
Micro Business means any business that:
Micro Business means any business which: (i) consumes less than 293,000 kWh of Gas per year; or
Micro Business. Means a non- household customer where the number of employees is less than ten (10).
Micro Business means a business that employs less than five persons, not including the owner and has an annual gross revenue of two hundred and fifty thousand dollars or less;
Micro Business means a corporation,
Micro Business means a business with fewer than ten employees and which has a turnover or balance sheet total of less than 2 million Euros per annum;