92 STAT. 2010
PUBLIC LAW 95-524—OCT. 27, 1978 "TITLE VII—PRIVATE SECTOR OPPORTUNITIES FOR THE ECONOMICALLY DISADVANTAGED
S^y.
STATEMENT O r PURPOSE
29 USC 981.
"SEC. 701. I t is the purpose of this title to demonstrate the effectiveness of a variety of approaches to increase the involvement of the business community, including small business and minority business enterprises, in employment and training activities under this Act, and to increase private sector employment opportunities for unemployed or underemployed persons who are economically disadvantaged. Employment and training opportunities for such eligible participants shall be made available by prime sponsors on an equitable basis in accordance with the purposes of this title among significant segments of the eligible population giving consideration to the relative numbers of eligible persons in each such segment. "FINANCIAL ASSISTANCE
29 USC 982.
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"SEC. 702. (a) The Secretary shall provide financial assistance to each prime sponsor designated under section 101(c) which includes satisfactory provisions in its annual plan for title II activities for carrying out the purposes of this title. "(b) Ninety-five percent of the funds made available for carrying out this title shall be allocated by the Secretary on an equitable basis among such prime sponsors, taking into account the factors set forth in section 202(a). The remainder of the funds made available under this title shall be used by the Secretary to provide financial assistance to prime sponsors who join together to establish a single private industry council and to Native American entities described in sections 302 (c)(1)(A) and (B) for carrying out the purposes of this title. u CONDITIONS FOR RECEIPT OF F I N A N C I A L ASSISTANCE
29 USC 983.
"SEC. 703. (a^ Each prime sponsor, and each entity described in section) 302(c)(1)(A) and (B), desiring to receive financial assistance under this title, as part of its plan for title II activities, shall describe its proposed private sector initiatives under this title and the integration of such initiatives with other training and placement activities under this Act. The description shall include an analysis of private sector job opportunities, including estimates by occupation, industry, and location utilizing information provided by the private industry council. "(b) The Secretary shall provide financial assistance under this title to a prime sponsor, or an entity described in section 302(c)(1)(A) or (B),only if the Secretary determines that— "(1) the proposed activities for which such financial assistance is to be used are consistent with the provisions of this Act and the regulations of the Secretary; "(2) financial assistance made available under this title will be used to supplement, but not to supplant, on-the-job training and related activities carried out under other titles of this Act; "(3) the private industry council will undertake to make an analysis of private sector job opportunities, including estimates by occupation, industry, and location; "(4) the private industry council has provided a copy of its proposed plan for activities under this title to the prime sponsor
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