(a) To be eligible for a grant under the program, a nonprofit workforce intermediary and job training organization must:
(1) apply to the coordinating board in the manner prescribed by the coordinating board;
(2) provide to eligible low-income students, in partnership with public junior colleges, public state colleges, or public technical institutes:
(A) job training; and
(B) a continuum of services designed to move a program participant from application to employment, including outreach, assessment, case management, support services, and career placement;
(3) be governed by a board or other governing structure that includes recognized leaders of broad-based community organizations and executive-level or managerial-level members of the local business community;
(4) demonstrate to the satisfaction of the coordinating board that the organization’s program has achieved or will achieve the following measures of success among program participants:
(A) above-average completion of developmental education among participating public junior college, public state college, or public technical institute students;
(B) above-average persistence rates among participating public junior college, public state college, or public technical institute students;
(C) above-average certificate or degree completion rates by participating students within a three-year period compared to demographically comparable public junior college, public state college, and public technical institute students; and
(D) entry into careers with significantly higher earnings for program participants than previously achieved; and
(5) provide matching funds in accordance with rules adopted under this chapter.
(a-1) To be eligible for a grant under the program, a nonprofit organization providing job training services to veterans must:
(1) apply to the coordinating board in the manner prescribed by the coordinating board;
(2) provide to veterans, in partnership with public junior colleges, public state colleges, or public technical institutes:
(A) job training; and
(B) a continuum of services designed to move a program participant from application to employment, including outreach, assessment, case management, support services, and career placement;
(3) be governed by a board or other governing structure that includes recognized leaders of broad-based community organizations and executive-level or managerial-level members of the local business community;
(4) demonstrate to the satisfaction of the coordinating board that the organization’s program has achieved or will achieve the following measures of success among program participants:
(A) the measures prescribed by Subsections (a)(4)(A)-(C);
(B) rapid attainment of civilian workforce credentials; and
(C) entry into careers with significantly higher earnings for program participants than previously achieved; and
(5) provide matching funds in accordance with rules adopted under this chapter.

(b) The matching funds required under Subsection (a)(5) or (a-1)(5) may be obtained from any source available to the organization, including in-kind contributions, community or foundation grants, individual contributions, and local governmental agency operating funds. The coordinating board may adopt rules requiring an organization to demonstrate compliance with the matching funds requirement before the payment of the next installment under an awarded grant.