The South Carolina Notice of Solicitation Commercial Co-Venture (NOS CCV) is a state-issued document designed to facilitate the formation of a business partnership between two or more commercial entities. It outlines the terms and conditions of the agreement and allows the parties to go into business together. The NOS CCV is a legally binding contract that must be approved by the South Carolina Secretary of State before the parties can enter into a business relationship. There are two types of South Carolina Notice of Solicitation Commercial Co-Venture: the Standard and the Enhanced. The Standard NOS CCV is the most commonly used form and is the least complex. It is suitable for most standard business partnerships. The Enhanced NOS CCV is more complex and is typically used for more specialized business relationships, such as those involving intellectual property or other unique considerations. Both forms are approved and regulated by the South Carolina Secretary of State.