Iowa Administrative Code
Agency 261 - Economic Development Authority
Part V - Innovation and Commercialization Activities
Chapter 110 - Stem Internship Program
Rule 261-110.6 - Ineligible Employers
Current through Register Vol. 47, No. 6, September 18, 2024
The following employers are not eligible for the program:
(1) An employer that is a business engaged in retail sales is ineligible.
(2) An employer which closes or substantially reduces its workforce by more than 20 percent at existing operations in order to relocate substantially the same operations to another area of the state is ineligible for 36 consecutive months at any of its Iowa sites from the date the new establishment opens.
(3) An employer that has applied or will apply during the same state fiscal year to the innovative businesses internship under 261-Chapter 104 is ineligible to receive funding under the STEM internship program.
