A Program Small Business Owners Need To Know About
Lt. Governor Jon Husted, the Director of Governor DeWine’s Office of Workforce Transformation, announced that following the August round of TechCred, 288 Ohio companies have been approved for funding, which will help their current and incoming workforce earn the skills needed for the increasingly tech-infused economy.
TechCred helps Ohioans learn new skills and helps employers build a stronger workforce with the skills needed in a technology-infused economy. These technology-focused credentials take a year or less to complete and prepare current and future employees for the technology jobs Ohio employers need. These tech credentials will add value to the workplace, increase job security, and will lead to higher wages. This is a catalyst for both businesses and workers to succeed in new ways.
Companies identify skills needs and employees who can advance with industry-recognized technology credentials. Companies then receive reimbursement for completed credentials. The state of Ohio will provide up to $2,000 reimbursement per employee and up to $30,000 per employer in each application period.
“Before being elected, Governor DeWine and I promised to create a program to help Ohioans renew their skills and put them on track to a better career,” said Lt. Governor Jon Husted. “Today, I am excited that we reached our goal of funding over 10,000 upskilling opportunities. When these students complete their certificates, more than 10,000 Ohioans with better skills, earning power, and job security.”
The most recent TechCred application period closed at the end of August. Today, 288 Ohio employers were approved for funding, resulting in Ohio employees earning up to 4,468 technology-focused credentials. The August round was record-setting, approving 1,227 more credentials than were approved in June 2020, which previously held the award record.
“TechCred is helping Ohio businesses upskill their workforce,” said Lydia Mihalik, Director of the Ohio Development Services Agency. “Credentials earned through this program help employees and businesses prepare for a brighter future.”
With the approvals announced today, a total of 983 Ohio employers have been approved for funding, supporting the earning of 11,941 tech-focused credentials by Ohio employees. This round marks a milestone as funding has been approved for over 10,000 credentials.
The sixth TechCred application period opened Thursday, October 1st. It closes October 30th.
“The strength of Ohio’s economy hinges on a skilled workforce, and the continued growth of TechCred reinforces that idea,” said Ohio Department of Higher Education Chancellor Randy Gardner. “It is great to see so many Ohio employers and their workers taking advantage of this program, which will help ensure their success now and in the future.”
You can learn more about the program at TechCred.Ohio.gov