§ 24-46.3-401. Definitions

CO Rev Stat § 24-46.3-401 (2018) (N/A)

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(1) (a) "Eligible nonprofit entity" means an entity that:

(I) Collaborates with the Colorado work force development council to administer the industry infrastructure grant program;

(II) Partners with business entities to ensure access to training opportunities for students;

(III) Provides support to industry associations and training partners;

(IV) Coordinates multi-industry lead competency identification to inform the development of workplace learning curriculum;

(V) Serves as a translational medium between government, education, and businesses in order to create a common nomenclature; and

(VI) Provides documentation demonstrating a funding commitment of at least three hundred thousand dollars and a signed affidavit indicating that the funding commitment shall be used for the purposes listed in section 24-46.3-403.

(b) "Eligible nonprofit entity" does not include an organization exempt from federal taxation under section 501(c)(4) of the federal "Internal Revenue Code of 1986", as amended.

(2) "Industry-defined competencies" means the specific knowledge, skills, and abilities that industry leaders, including, but not limited to, employer associations, labor unions, or state and local labor federations have collectively identified as being critical to a specific occupation or group of occupations effectively. These competencies are both foundational and task-specific.

(3) "State council" means the state work force development council created in section 24-46.3-101.

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§ 24-46.3-402. Industry infrastructure grant program - creation