1. A person who operates a business or will operate a business in this State may apply to the Office for approval of a program of workforce training for incumbent employees that will result in a postsecondary or industry-recognized credential, or an identifiable occupational skill that meets the applicable industry standard. The application must be submitted on a form prescribed by the Office. 2. Each application must include: (a) The name, address and telephone number of the business; (b) The number and types of jobs for the business that are available or will be available upon completion of the program of workforce training; (c) A statement of the objectives of the proposed program of workforce training; (d) An initial plan for wage increases for employees who successfully complete the program of workforce training; (e) The estimated cost for each person enrolled in the program of workforce training; and (f) A statement signed by the applicant certifying that, if the program of workforce training set forth in the application is approved and money is granted by the Office to an authorized provider for the program of workforce training, each employee who completes the program of workforce training: (1) Will be employed in a full-time and permanent position in the business; and (2) While employed in that position, will be paid not less than 80 percent of the lesser of the average industrial hourly wage in: (I) This State; or (II) The county in which the business is located, as determined by the Employment Security Division of the Department of Employment, Training and Rehabilitation on July 1 of each fiscal year. 3. Upon request, the Office may assist an applicant in completing an application pursuant to the provisions of this section. 4. Except as otherwise provided in subsection 5, the Office shall approve or deny each application within 45 days after receipt of the application. When considering an application, the Office shall give priority to a business that: (a) Provides high-skill and high-wage jobs to residents of this State; (b) To the greatest extent practicable, uses materials for the business that are produced or bought in this State; (c) Is consistent with the State Plan for Economic Development developed by the Executive Director pursuant to subsection 2 of NRS 231.053 ; and (d) Is consistent with the unified state plan submitted by the Governor to the Secretary of Labor pursuant to 29 U.S.C. 3112. 5. Before approving an application, the Office shall establish the amount of matching money that the applicant must provide for the program of workforce training. The amount established by the Office for that applicant must not be less than 25 percent of the amount the Office approves for the program of workforce training. 6. If the Office approves an application, it shall notify the applicant, in writing, within 10 days after the application is approved. 7. If the Office denies an application, it shall, within 10 days after the application is denied, notify the applicant in writing. The notice must include the reason for denying the application.
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