053-3 Wyo. Code R. § 3-7

Current through April 27, 2019
Section 3-7 - Funding Cycle

(a) Applicants for Pre-Obligation must successfully complete an application for either a Business Training Grant for New Positions, a Pre-Hire Training Grant, or a combination of both.

(b) Access to funding under this program shall be used specifically for:

  • (i) Payment under the terms of an executed contract for Business Training Grants for New Positions; or
  • (ii) Payment under the terms of an executed contract for a Pre-Hire Training Grant; or
  • (iii) Payment under the terms of a combination of executed contracts for Business Training Grants for New Positions and Pre-Hire Training Grants.

(c) No other method of payment shall be used to access or disburse funding from this program.

(d) If the period allowed for obligating funds expires or the business decides not to locate in Wyoming or expand, the funds shall be deobligated.

(e) Unused funding resulting from completed grant contracts funded through Pre- Obligation shall be returned to the fund for reallocation and potential use by another applicant.

053-3 Wyo. Code R. § 3-7