Female Business Enterprise definition

Female Business Enterprise or "FBE" means a Business Enterprise owned, operated, and controlled by one or more Females who have 51% ownership. The one or more Females must have operational and managerial Control, interest in capital, and earnings commensurate with the percentage of Female ownership. To qualify as a Female Business Enterprise, the Business Enterprise shall be located and doing business in the Cleveland Contracting Market.
Female Business Enterprise. (FBE) means a business concern which is at least 51 percent owned by one or more females, or in the case of a corporation, at least 51 percent of the stock of which is owned by one or more females; and the management and daily business operations of which are controlled by one or more females who own it. A Female is a person of the female gender who is a citizen or lawful permanent resident of the United States. A female-owned business is included for goal purposes as a female-owned business, regardless of the ethnicity of the female owner or owners.
Female Business Enterprise means a business entity which is at least fifty- one percent (51%) owned by women who are United States citizens and who also control and operate the business.

Examples of Female Business Enterprise in a sentence

  • Proposers are required to make a good-faith effort to subcontract portions of the work to certified Minority Business Enterprise (“MBE”), Female Business Enterprise (“FBE”), and CSB firms, consistent with the subcontracting goal(s) applicable to this RFP.

  • To qualify as a Female Business Enterprise, the Business Enterprise shall be located and doing business in the Cleveland Contracting Market.

  • A business is eligible for certification as a Female Business Enterprise (FBE) if: (1) The Business Enterprise is owned, operated and controlled by one or more Females who have at least 51% ownership;(2) The Female owners have operational and managerial control, interest in capital, and earnings commensurate with the percentage of ownership; and(3) The Business Enterprise is located and doing business in the Cleveland Contracting Market.

  • MBE/FBE Certification: Each Bidder, Proposer or subcontractor representing itself as a Minority Business Enterprise (MBE) or Female Business Enterprise (FBE) in the OEO Schedules shall be certified with the Office of Equal Opportunity as an MBE and/or FBE prior to the bid opening.

  • Definitions:City of Atlanta Ordinance Section 2-1443 and Section 2-1357 set out the definitions for "African American Business Enterprise" (AABE), "Asian Pacific American Business Enterprise" (APABE), "Bid", "Bidder", "Commercially Useful Function", "Controlled", "Eligible Project", "Female Business Enterprise", (FBE), "Hispanic American Business Enterprise" (HABE), "Joint Venture", "Minority Business Enterprise", (MBE) and “Small Business Enterprise (SBE).

  • Each Bidder, Proposer or subcontractor representing itself as a Minority Business Enterprise (MBE) or Female Business Enterprise (FBE) in the OEO Schedules shall be certified with the Office of Equal Opportunity as an MBE and/or FBE prior to the bid opening.

  • Scope of the work to be performed by each African American Business Enterprise, Asian Business Enterprise, Hispanic Business Enterprise, and Female Business Enterprise.

  • Names, addresses and contact persons of each African American Business Enterprise, Asian Business Enterprise, Hispanic Business Enterprise, and Female Business Enterprise to be used in the contract.

  • The type of work or service each African American Business Enterprise, Asian Business Enterprise, Hispanic Business Enterprise, and Female Business Enterprise will perform.

  • In order to ensure, track, and be inclusive of minority participation in the overall development of the Atlanta BeltLine Project, ABI strongly encourages participation of Disadvantaged Business Enterprises (DBEs) comprised of Female Business Enterprise (FBE), Minority Business Enterprise (MBE), and/or Small Business Enterprise (SBE) entities in all contracts issued by ABI.


More Definitions of Female Business Enterprise

Female Business Enterprise means a business which is 51% owned and controlled by one or more females for at least one year prior to applying. For the purpose of this definition, “owned and controlled” means a business which is at least 51% owned and whose management and daily business operations are controlled by one or more females.
Female Business Enterprise. (FBE) shall mean a business which is an independent and continuing operation for profit, performing a commercially useful function, and is owned and controlled by one or more females, U.S. citizens, of non-African-American descent.
Female Business Enterprise or “FBE” means a Business Enter- prise owned, operated, and control- led by one or more Females who have 51% ownership. The one or more Females must have operational and managerial Control, interest in cap- ital, and earnings commensurate with the percentage of Female own- ership. To qualify as a Female Busi- ness Enterprise, the Business Enter- prise shall be located and doing business in the Cleveland Contract- ing Market.
Female Business Enterprise means a business (A) more than 50 percent of the ownership or control of which is held by 1 or more women; and"(B) more than 50 percent of the net profit or loss of which accrues to 1 or more women.
Female Business Enterprise or “FBE” means a sole proprietorship, partnership, unincorporated association, joint venture or corporation that is at least 51 percent owned, controlled and operated by women, “Control” as used in this context means exercising the power to make policy decisions. “Operate” as used in this context means to be actively involved in the day-to-day management.

Related to Female Business Enterprise

  • minority business enterprise means any small contractor or supplier of materials fifty-one percent or more of the capital stock, if any, or assets of which is owned by a person or persons: (1) who are active in the daily affairs of the enterprise, (2) who have the power to direct the management and policies of the enterprise, and (3) who are members of a minority, as such term is defined in subsection (a) of Connecticut General Statutes § 32-9n; and

  • Disadvantaged Business Enterprise means a for-profit small business concern that is at least 51% owned by one or more individuals who are both socially and economically disadvantaged individuals or, in the case of a corporation, in which 51% of the stock is owned by one or more such individuals; and whose management and daily business operations are controlled by one or more socially and economically disadvantaged individuals who own it.

  • Joint enterprise means any lottery activity in which the bureau participates pursuant to a written agreement between the state of Michigan and any state, territory, country, or other sovereignty as executed by the commissioner. Joint enterprise does not include the state lottery created pursuant to this act.

  • public enterprise means a public enterprise as defined in Part V of the Handbook.