20 U.S. Code § 7267d - Requirements
(a) Administrative costs
The grantee and each recipient receiving a subgrant under this subpart for a fiscal year may use not more than 5 percent of the funds made available through the grant or subgrant for administrative costs.
(b) Teacher training programs
In carrying out the teacher training programs described in section 7267b (b)(2)(A) of this title, a recipient shall—
(c) Involvement of business community
In carrying out the activities assisted under this subpart, the grantee and recipients are strongly encouraged to—
(1) include interactions with the local business community to the fullest extent possible to reinforce the connection between economic and financial literacy and economic development; and