Wednesday, January 9, 2013

Looking for more training dollars?


Just in time for the start of 2013 our government has decided to make more training funds available for Ohio employees. 

The Ohio Incumbent Workforce Training Voucher Program will fill a gap in current workforce development programs by providing needed training dollars to Ohio's incumbent workforce through a unique public-private partnership. The ultimate goal of this program is twofold: allow employers to retain and grow their existing Ohio workforce and create a statewide workforce that can meet the present and future demands in an ever changing economy.

Eligible employers must demonstrate that by receiving funding assistance through the Ohio Incumbent Workforce Training Voucher Program their business will not only obtain a skilled workforce but will improve their company processes and competitiveness.

The Program provides a reimbursement up to $4,000 per employee per fiscal year (July 1-June 30).  The employer will be reimbursed for up to 50% of the cost of the training after the training is complete.  The $4,000 can be utilized in a single training or amassed over several trainings in the fiscal year.

 
Employer Eligibility

An eligible employer must operate as a for-profit entity in a state designated target industry with a facility located in Ohio.

·         Advanced manufacturing            

·         Aerospace and aviation

·         Automotive

·         BioHealth

·         Corporate Headquarters

·         Energy

·         Financial Services

·         Food processing

·         Information Technology

 

Eligible Training Costs

·         Tuition

·         Instructor or trainer fees

·         Instructional materials

 

If you qualify for these additional training dollars or know someone who does, sign up via the online application and get the process started.  More information on this great program can be found here.

-Matt

 

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