“(a) Procedures.—“(1) In general.—Each eligible enterprise that desires to receive training for its employees and managers under this subtitle shall submit an application to the clearinghouse under subsection (c), at such time, in such manner, and accompanied by such additional information as may reasonably be required.
“(2) Joint applications.—A consortium of eligible enterprises may file a joint application under the provisions of paragraph (1).
“(b) Contents.—An application under subsection (a) may be approved only if the application—“(1) is for an individual or individuals employed in an eligible enterprise or enterprises applying under the program;
“(2) describes the level of training for which assistance under this subtitle is sought;
“(3) provides evidence that the eligible enterprise meets the general policies adopted for the administration of this subtitle;
“(4) provides assurances that the eligible enterprise will pay a share of the costs of the training, which share may include in-kind contributions; and
“(5) provides such additional assurances as are determined to be essential to ensure compliance with the requirements of this subtitle.
“(c) Clearinghouse.—A clearinghouse shall be established or designated in each program country to manage and execute the program in that country. The clearinghouse shall screen applications, provide information regarding training and teachers, monitor performance of the program, and coordinate appropriate post-program follow-on activities.
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