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Current as of January 01, 2024 | Updated by Findlaw Staff
A. To be eligible to receive funding pursuant to the Workforce Training Act, a community college shall provide customized training for at least one business each year.
B. To remain eligible to receive funding to participate in the workforce training program following the first year in which customized training is offered, a community college shall:
(1) increase the number of businesses receiving customized training in each succeeding year by at least one business that did not receive customized training in the prior year; or
(2) increase the total number of employees enrolled in customized training for each succeeding year.
C. To qualify as a business that may participate in the customized training opportunities offered at a community college:
(1) a business shall be located in New Mexico;
(2) may be either a new or an established business;
(3) shall provide full-time job opportunities for the successful participants of the workforce training program; and
(4) shall pay more than minimum wage to successful participants of the workforce training program.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 21. State and Private Education Institutions § 21-13A-5. Eligible funding recipients - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-21-state-and-private-education-institutions/nm-st-sect-21-13a-5/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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