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

Supporting business means a business under contract

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 limited company which: