1. The Board of Regents may enter into an agreement with a nonprofit organization, community entity or governmental agency to jointly provide families and caretakers with online and in-person training, workshops and resources designed to facilitate family involvement in early childhood education.
2. An agreement entered into pursuant to this section must include, without limitation:
(a) Standards that must be met by the nonprofit organization, community entity or governmental agency; and
(b) An allocation of any costs that must be shared between the nonprofit organization, community entity or governmental agency and the System.