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The original item was published from 9/6/2013 10:39:00 AM to 9/6/2013 10:40:44 AM.

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Economic Development News

Posted on: September 6, 2013

[ARCHIVED] Press Release - First Come, First Serve - Ohio Incumbent Workforce Training Voucher

For Immediate Release
September 5, 2013


Contact: Stephanie.Gostomski at (614)466-6619
Stephanie.Gostomski@development.ohio.gov


State Helps Train Ohio’s Workforce

A pre-application is now available for businesses who want financial help to train their current
workforce. The Ohio Development Services Agency is launching round two of the Ohio Incumbent
Workforce Training Voucher Program. This program will make $30 million in Fiscal Year 2014
available for employers to train their workforce.
$27 million in grants will be awarded on a first-come, first-served basis. The remaining $3 million
will be used for loans. Applications for the grant program will be accepted for review on September
30, 2013.

“Building a strong economy is about ensuring Ohio’s workforce has the tools it needs for success,”
said David Goodman, director of the Ohio Development Services Agency. “We want our workforce to be
ready for the competitive jobs of tomorrow.”

Training can occur in: Advanced Manufacturing, Aerospace and Aviation, Automotive, Back Office,
BioHealth, Corporate Headquarters, Energy, Financial Services, Food Processing, Information
Technology and Services, Logistics, Polymers and Chemicals, and Research and Development. Training
opportunities include, but are not limited to, classes at an accredited education institution,
operational skills training, certification processes and equipment training. Training can occur at
the employer’s facility, at the training provider’s facility or at a third-party site.

This program is operated as a reimbursable program, and is for an Ohio company that has been in
operation for at least 12 months. The Ohio Development Services Agency will reimburse the employer
for up to 50 percent of the eligible training costs, up to $4,000 per employee, after 1) the
employer pays the full cost of the training, and
2) the employee successfully completes the training. The maximum amount an employer may qualify for
in a fiscal year is $250,000.

For more information about the Ohio Incumbent Workforce Training Voucher Program visit
http://development.ohio.gov/bs/bs_wtvp.htm.

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