Enterprise Development means monetary and non-monetary contributions carried out for the following beneficiaries, with the objective of contributing to the development, sustainability and financial and operational independence of those beneficiaries:
Enterprise Development means initiatives (which include monetary and non-monetary initiatives), carried out by a Measured Entity to assist and accelerate the development and sustainability of other enterprises, financial and operational independence of other enterprises;
Enterprise Development means investment in, or development of or joint ventures with black owned or black empowered enterprises and SMMEs, with real economic benefit flowing to the recipient enterprise allowing it to be set up and run on a sustainable basis;
Examples of Enterprise Development in a sentence
Or you can write to us at Travelers, Enterprise Development, One Tower Square, Hartford, CT 06183.
Chemonics, through Chemonics Beirut S.A.R.L., acting on behalf of the U.S. Agency for International Development (USAID) and the Lebanon Enterprise Development (LED) Project, under contract number AID-268-C-17-00001, is soliciting proposals from local Lebanese firms that can support our clients on the below scope of work.
The Company has not received intimation from any ‘enterprise’ regarding its status under Micro, Small and Medium Enterprise Development Act, 2006 and therefore no disclosure under the said Act is considered necessary.
No.ItemTick WhereProvided1Duly completed Tender Form 2Tender Security – Bank Guarantee or Letters of Credit (issued by Banks Licensed by the Central Bank of Kenya), Guarantee by a deposit taking Microfinance Institution, Sacco Society, the Youth Enterprise Development Fund or the WomenEnterprise Fund 3Duly completed Tender Form 4Price Schedule(s) 5Audited Financial Statements.
Enterprise & Supplier Development 4.1. Preferential Procurement Investment (Financial and Human)4.2. Enterprise Development Turnover in RandR4.3. Supplier Development Capital InvestmentR5.
More Definitions of Enterprise Development
Enterprise Development means support for existing, or the fostering of, new black SMEs and BEE companies in the financial and other sectors of the economy.
Enterprise Development means the voluntary establishment of and / or support for existing new black SMMEs, black-owned and / or black- empowered enterprises as well as enterprises owned by marginalised groupings;
Enterprise Development means monetary and non monetary support for existing or fostering of new HDSA companies in the mining sector of the economy, with the objective of contributing to their development, sustainability as well as financial and operational independence;
Enterprise Development means a process aims to address certain key challenges facing blackbusinesses that struggle to take their businesses from survivalist and/or micro level to a level of sustainability and profitability. The ED element is therefore designed to assist with the development, sustainability and financial and operational independence of Enterprise Development Beneficiaries.
Enterprise Development may take a variety of forms, including:
43.2.12.1 direct investment in Black Owned and Black Empowered SMMEs;
43.2.12.2 joint ventures with Black Owned and Black Empowered SMMEs that result in "substantive" skills transfer;
43.2.12.3 support and funding for the grading of emerging tourism companies, as well as providing mentorship, business relationships and linkages which, in turn, provide business opportunities to these enterprises; and
43.2.12.4 twinning initiatives with Black Owned and Black Empowered SMMEs which result in cost savings or revenue generation for those SMMEs.
Enterprise Development the early payment strategy combined with direct monetary contributions to the foundation will ensure that PMC achieves full points on this element. • socio-economic Development: full points are guaranteed under this element given PMC’s contribution to the foundation. on 15 july 2013, the cessation of seven converted mining rights under the name Palabora copper Proprietary Ltd was registered by the Mineral and Petroleum Titles registration office. This led to the completion of the BBBee ownership Transaction which was implemented officially on 15 july 2013. completion of the transaction led to a transfer of an effective 26 percent of equity in the company’s operations to the empowerment Partners (i.e. employees (10 percent) through eSoP, community (10 percent) via Leolo community Trust and consortium of individuals at 6 percent). • Implementation work has begun with the consortium, Leolo community and employee Trusts (eSoP) to set up for: • Programmes of action for both the trusts, which will include a schedule of engagements and meetings going forward; • recruitment process for the four (4) independent Trustees for Leolo Trust has been completed, an administrator has also been appointed to manage the day to day activities of the trust; • appointment of eSoP beneficiaries is underway as consultation with organised labour/unions regarding the appointment of eSoP Trustees is ongoing. In 2013, the goal of achieving a Bee status of level 4 was obtained, the new company, Palabora was measured as a start-up enterprise. The company achieved the current status given the completion of the ownership transaction, thus Palabora was measured only on the ownership element. Palabora’s verification process for the 2013 financial year will begin in March 2014; the company will be measured on years 6-10 targets. on the elements of enterprise Development (eD) and Socio economic Development (SeD), Palabora has opted for verification of the Foundation separately as part of the verification readiness assessment (vra). given the fact that the beneficiary base of the Palabora Foundation is more than 75 percent black, the Foundation has a Bee status of level 3. Preparations for the 2013 mining charter reporting are ongoing, as part of compliance, the annual Mining charter report will be submitted accordingly to both the National Department of Mineral resources (DMr) and the chamber of Mines by May 2014. The Transformation office is working with the health and Safety section to comp...
Enterprise Development means the development of black owned enterprises through investment, mentoring, skills development, systems transfer, etc.;