Regional and Local Development Sample Clauses

The 'Regional and local development' clause outlines the obligations or commitments of parties to support economic, social, or infrastructural growth within specific geographic areas. This clause may require parties to invest in local communities, prioritize local hiring, or collaborate with regional authorities to enhance development outcomes. Its core function is to ensure that the agreement contributes positively to the targeted region, addressing local needs and promoting sustainable development.
Regional and Local Development. The Parties shall seek to strengthen regional and local development cooperation, with the objective of contributing to economic development and reducing regional imbalances. Specific attention shall be given to cross-border, trans-national and interregional cooperation. Cooperation shall take due account of the priority areas related to the Community acquis in the field of regional development.
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Regional and Local Development. Regional and local development is mainly being managed by regi- onal and local self-government offices and Regional development agency in case of Dubrovnik-Neretva County. Important role in development activities is also in hands of the SME supporting in- stitutions. Local economic development in Montenegro is highly decentralized with municipalities leading the process. However, many important institutions are still rather linked to the national level. Entrepre- neurial activity and private sector development in Montenegro is the priority of the Government and is supported through both go- vernmental and non-governmental institutions including business associations and consulting companies. All of them are however located in Podgorica. There are plans to open 2 business incubators one in Bar and the other one in Podgorica.
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Related to Regional and Local Development

  • Business Development Provide advice and assistance in business growth and development of Party B. 业务发展。对乙方的业务发展提供建议和协助。

  • Business Development Company Buyer is a business development company as defined in Section 202(a)(22) of the Investment Advisors Act of 1940.

  • Staff Development As part of their induction, new staff will be made aware of this policy and will be asked to ensure compliance with its procedures at all times.

  • Sales and Marketing Subdistributor shall market, promote, and solicit orders for the Products to prospective and existing Customers (excluding the Excluded Customers) consistent with good business practice and the highest professional standards in the industry, in each case using its best efforts to maximize Product sales volume in the Territory in accordance with Distributor’s Product marketing strategies, channel and pricing guidelines, and sales policies, and in a manner that reflects favorably at all times on the Products and the good name, goodwill, and reputation of Distributor;

  • Status as Business Development Company The Borrower is an “investment company” that has elected to be regulated as a “business development company” within the meaning of the Investment Company Act and qualifies as a RIC.