8 Colo. Code Regs. § 1207-3, pt. 2

Current through Register Vol. 47, No. 24, December 25, 2024

Part 2 - General Eligibility

2.1. Businesses of an agricultural nature are eligible to participate in the Program.

2.1.1. Preference shall be provided to businesses engaged in the production of agricultural crops, livestock, dairy, timber or greenhouse and nursery products.

2.2. A business may be reimbursed for not more than three (3) interns annually.

2.3. Internships must not displace a current employee(s) of the participating business.

2.4. The maximum amount a business may be reimbursed per internship is $5,000.

2.4.1. Participating businesses may be reimbursed up to fifty (50) percent of the actual cost to the business to employ the intern. Actual costs include the wages paid to the intern and workers compensation insurance, an allocation of fixed overhead expenses not to exceed ten (10) percent of the costs to employ the intern, and any incidental costs directly related to the internship. Incidental costs may include tuition reimbursement related to the intern receiving academic credit for the internship.

2.4.2. At least seventy-five (75) percent of the total reimbursement amount shall be paid to the intern.

2.5. To be reimbursed, a business must receive approval for the reimbursement from the Department prior to the start of the qualifying internship.

2.6. The Department will pay employers up to the preapproved amount for a qualifying internship when the internship is completed.

8 CCR 1207-3, pt. 2

41 CR 23, December 10, 2018, effective 12/30/2018

43 CR 19, October 10, 2020, effective 10/30/2020