81-1203. Job training grant; business plan; project criteria.

175 words·~1 min read·/ne/chapter-81/81-1203

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)A business applying for a job training grant shall submit a business plan to the Department of Economic Development which includes, but is not limited to:

(a)The number of jobs to be created or the number of existing positions that will be retrained;

(b)The nature of the business and the type of jobs to be created or positions to be retrained;

(c)The estimated wage levels of the jobs to be created or positions to be retrained; and

(d)A program schedule for the job training project.

(2)A business applying for a job training grant must demonstrate that the job training project to be conducted pursuant to the grant meets the following criteria:

(a)The wage level of the jobs created will meet the local prevailing average;

(b)The jobs created will diversify the local economy;

(c)The goods or services produced by the company will be export-oriented;

(d)Seventy-five percent of the jobs created will be full-time jobs; and

(e)The new jobs will be created within three calendar years.