Iowa Administrative Code
Agency 261 - Economic Development Authority
Part V - Innovation and Commercialization Activities
Chapter 104 - Innovative Businesses Internship Program
Rule 261-104.10 - Application Content and Other Requirements
Universal Citation: IA Admin Code 261-104.10
Current through Register Vol. 47, No. 6, September 18, 2024
(1) Applicants must complete an application for internship assistance and submit it to the authority. Successful applicants must enter into a contract with the authority prior to posting or advertising the internship.
(2) If an award is made, the business shall secure an intern within the time period stated in the contract between IDED and the business.
(3) The application shall include, but not be limited to, all of the following:
a. The
dates and location of the internship.
b. A statement of duties the intern will be
performing at the business site. The intern is to be involved in a substantive
experience in one or more of the following areas: research and development;
engineering; process management and production; product experimentation and
analysis; product development; market research; business planning and
administration. The application shall also include information regarding the
intern's work space (i.e., access to telephone, computer, and other necessary
items).
c. The name of the
business's representative who will train and supervise the intern.
d. A statement of the anticipated workforce
needs at the business, which shall include an explanation of the current
workforce shortage and identify the intern's potential for prospective
employment with the business following graduation.
(4) The authority reserves the right to require additional information from the business.
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