(1) A business entity must submit an initial application, in such form and at such time as the commissioner shall determine, to the department prior to procuring eligible training from an approved provider or retaining interns to participate in an eligible internship program.

(2) Upon receipt of a complete initial application the department may, at its sole discretion, approve such application based upon the criteria set forth in section 250.6(a) of this Part.

(3) After review of an initial application, the department will notify a business entity of its eligibility and may issue a certificate of conditional eligibility to the business entity.

(1) A business entity must submit a final application no later than 24 months from the date the department issues the business entity a certificate of conditional eligibility.

(2) The department shall approve or disapprove the final application based upon the criteria set forth in section 250.6(b) of this Part. If the final application is approved, the department shall issue a certificate of tax credit to the business entity. The department shall provide a copy of such certificate of tax credit to the Department of Taxation and Finance. If the final application is disapproved, the department shall provide the business entity with a notice of disapproval which shall state the reasons therefor.