Training providers in Ohio can apply for certification by the Ohio Department
of Job and Family Services One-Stop Employment and Training Centers Workforce
Investment Act (WIA) funding. Eligible unemployed persons or low-wage workers
have access to Individual Training Accounts (ITA's) that offset training
expenses. Firms also have direct access to WIA funding to support training
programs as well as the Ohio Investment in Training Program.
Ohio Investment in Training Program (OITP)
Provides financial assistance and technical resources for customized training
involving employees of new and expanding Ohio businesses. Emphasis on
manufacturing and selected employment sectors; must have significant training
and capital investment related to creating and retaining jobs. Rate &
Terms: Up to 50 percent reimbursement to fund instructional costs, materials
and training-related activities. Contact the Governor's Regional Office @
740-775-0612
Ohio Training Tax Credit Program
The Training Tax Credit is authorized
within Ohio Revised Code Section 5733.42. It was created in July 1999
within
Amended Substitute House Bill
283 and amended in
Substitute Senate Bill 287 (December, 2000). This is a nonrefundable
franchise tax credit designed to encourage Ohio's corporations to provide
necessary training to its current Ohio workforce that is at risk of being
displaced because of skill deficiencies or the inability to use new
technologies.
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