LGBT business enterprise definition

LGBT business enterprise or “LGBTBE” shall mean a business enterprise that is at least 51 percent owned by a lesbian, gay, bisexual, or transgender per- son or persons; or, in the case of any publicly owned business, at least 51 per- cent of the stock of which is owned by one or more lesbian, gay, bisexual, or transgender persons; and whose management and daily business operations are controlled by one or more of those individuals.
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LGBT business enterprise means at least 51 percent of a business is owned by a lesbian, gay, bisexual, or transgender person or persons.
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LGBT business enterprise means a business enterprise that is 51 percent owned, managed, operated, and controlled by one or more lesbian, gay, bisexual, or transgender (LGBT) individuals, has been legally formed in the United States, and exercises independence from any non-LGBT business enterprise.
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Examples of LGBT business enterprise in a sentence

  • To be considered an SDB, a firm must be a DGS-verified small minority business enterprise (MBE); woman business enterprise (WBE); LGBT business enterprise (LGBTBE); Disability-owned business enterprise (DOBE); Service-Disabled Veteran-Owned Small Business Enterprise (SDVBE); or otherwise deemed disadvantaged by the Uniform Certification Program.

  • Our directive balances the reliance on historical data with our objective of increasing procurement from LGBT business enterprise amidst unique barriers to entry.

  • To be considered an SDB, a firm must be a DGS-verified small minority business enterprise (MBE), woman business enterprise (WBE), LGBT business enterprise (LGBTBE), Disability-owned business enterprise (DOBE), or other small business as approved by DGS, that is owned and controlled by a majority of persons, not limited to members of minority groups, who have been deprived of the opportunity to develop and maintain a competitive position in the economy because of social disadvantages.

  • Code § 8283(e)(1) encourages certain small utilities and electric service providers, i.e., those with gross annual California revenues under $15 million, to adopt a plan for increasing women, minority, disabled veteran, and LGBT business enterprise procurement.Pub.

  • Code § 8283(e)(2) encourages exempt wholesale generators, distributed energy resource contractors, and energy storage system companies to adopt a plan for increasing women, minority, disabled veteran, and LGBT business enterprise procurement and to voluntarily report activity in this area to the Legislature on an annual basis.

  • To be considered an SDB, a firm must be a DGS-verified small minority business enterprise (MBE), woman business enterprise (WBE), LGBT business enterprise (LGBTBE), Disability-owned business enterprise (DOBE), or Service- Disabled Veteran-Owned Small Business (SDVBE).

  • AB 1552 (Quirk-Silva) - Women, minority, disabled veteran, and LGBT business enterprise procurement: late payment penalties.This bill would have required public utilities with gross revenues exceeding $25 million to timely pay undisputed invoices to its contractors or automatically include a late penalty for certified small business suppliers, as specified, when the payment is made.

  • We have met so many friends and role models through NGLCC, and we al- ways are impressed by the corporations that support NGLCC’s mission and the work they do.However, as a defense contractor, I was understandably cautious that an LGBT business enterprise certified supplier might not be well received by our Defense cli- ents.Then, last year at the NGLCC National Dinner, I met Secretary of the Army Eric Fanning.

  • The 2022 Supplier Diversity Report identifies that DCE currently has a contract with one local diverse business enterprise that is certified through the CPUC Supplier Clearinghouse as a LGBT business enterprise.


More Definitions of LGBT business enterprise

LGBT business enterprise means a business enterprise
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LGBT business enterprise means that subset of Diverse Suppliers that are majority (at least 51%) owned, operated, controlled, and managed by individuals included in Section 1.2.10(i)(7) who exercise independence from any non-LGBT enterprise.
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LGBT business enterprise. (LGBTBE) means a business enterprise that is 51 percent owned, managed, operated, and controlled by one or more lesbian, gay, bisexual, or transgender (LGBT) individuals who are citizens or lawful permanent residents of the United States, has been legally formed in the United States, and exercises independence from any non-LGBT business enterprise.
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LGBT business enterprise means (1) a business enterprise (a) that is at least 51% owned by a lesbian, gay, bisexual, or transgender person or persons or
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LGBT business enterprise means a business which is independently owned and operated, which is qualified pursuant to N.J.S. 18A:18A-27 and which is:
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LGBT business enterprise means a business enterprise that is at least 51 percent owned by a lesbian, gay, bisexual, or transgender person or persons; or, in the case of any publicly owned business, at least 51 percent of the stock of which is owned by one or more lesbian, gay, bisexual, or transgender persons; and whose management and daily business operations are controlled by one or more of those individuals. (e) "Control" means exercising the power to make policy decisions. (f) To "operate" means to be actively involved in the day-to-day management. It is not enough to merely be an officer or director. (g) "Renewable energy project" means a project for the development and operation of an eligible renewable energy resource meeting the requirements of the California Renewables Portfolio Standard Program (Article 16 (commencing with Section 399.11) of Chapter 2.3 of Part 1 of Division 1). (a) "Control" means exercising the power to make policy decisions. (b) "Disabled veteran business enterprise" has the same meaning as defined in Section 999 of the Military and Veterans Code.
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Related to LGBT business enterprise

  • Business enterprise means any corporation, partnership, limited liability company, sole proprietorship, joint venture or other business association or entity (other than the Company) engaged in the business of publishing national and regional publications and development of technology that serves the needs of online and print publishers and their advertisers in the Market Area;

  • 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.

  • micro-enterprise means an enterprise that employs less than ten employees having an annual turnover or a balance sheet total not exceeding 2 million Euro.

  • Small Business Enterprise means, as MCC 2-92-670 may be updated from time to time, a small business as defined by the U.S. Small Business Administration, pursuant to the business size standards found in 13 C.F.R. Part 121, relevant to the scope(s) of work the firm seeks to perform on city contracts. A firm is not an eligible small business enterprise in any city fiscal year in which its gross receipts, averaged over the firm's previous five fiscal years, exceed the size standards of 13 C.F.R. Part 121.

  • Business Entity means a natural or legal person, business corporation, professional services corporation, limited liability company, partnership, limited partnership, business trust, association or any other legal commercial entity organized under the laws of this State or of any other state or foreign jurisdiction;

  • Restricted Enterprise means any Person that is actively engaged in any geographic area in any business which is either (i) in competition with the business of the Company or any of its subsidiaries or affiliates or (ii) proposed to be conducted by the Company or any of its subsidiaries or affiliates in their respective business plans as in effect at that time. During the Restriction Period, upon request of the Company, the Executive shall notify the Company of the Executive’s then-current employment status.