In 2017, Ohio will once again offer assistance to companies to offset certain training costs for employees. As in past years, the Ohio Workforce Training Voucher Program will provide approved companies with reimbursement of up to 50% of eligible costs (up to $75,000 total reimbursement) for eligible employee training. However, budgeted funds will be allocated on a first-come first-served basis on October 14, 2016. So your company should consider whether it may benefit from this opportunity as soon as possible.
Your company is a good candidate for this program if it is in one of the following industries:
- Financial Services
- Information Technology
Additionally, any company with its corporate headquarters in Ohio may qualify for the program.
Examples of eligible employee training that can be reimbursed include:
- Training that leads to an industry recognized certificate or credential
- Training provided in conjunction with the purchase of new equipment or a new computer system
- Training from a national, regional or state trade association that offers certified training
- Training for improved process efficiency (e.g., ISO-9000, Six Sigma, or Lean Manufacturing)