Ohio Incumbent Workforce Training Program
In partnership with Ohiomeansjobs.com, the Ohio Development Services Agency is once again offering funding for the Ohio Incumbent Workforce Training Program. This program provides funds to reimburse eligible employers for certain training costs for their employees. The funds are available on a first come, first served basis according to when the online application is received. Each employer is eligible for up to $500,000 in assistance per fiscal year. Only one application per employer will be accepted per program year.
Please note: this is NOT a tax credit! The employer must first pay for the training and then request a reimbursement. There are also timelines regarding when the training needs to be performed. Plus, the training must relate to the employee’s current position or for future advancement within the company.
For the fiscal year 7/1/2013 – 6/30/2014 the date to apply has not yet been announced. But please be aware that you must take action NOW to be prepared for this program on the date it begins. The last time (fiscal year 7/1/2012 – 6/30/2013) the state ran this program all the funds were accounted for on the first day! We will be monitoring the website daily to determine the exact date of the program.
For additional information on the Ohio Incumbent Workforce Training Voucher Program and the Online Application from last year go to: http://development.ohio.gov/bs/bs_wtvp.htm
Please contact your Whalen business advisor if you have any questions or you would like our assistance.