(The Center Square) – Ohio announced a record amount of taxpayer spending used to pay businesses to train current and future employees.
The state’s TechCred program awarded $9.9 million in grants during its most recent funding period, the highest total since the program began in 2019.
The program allows private industries to receive up to $180,000 in state funds annually to upskill current or potential employees to get credentials needed for a tech-based economy.
The most recent round of funding went to 622 employers to cover 8,362 tech-focused credentials.
“This record-breaking round of TechCred funding reflects our commitment to helping every Ohioan reach their version of the American Dream,” Gov. Mike DeWine said. “We’re creating opportunities for people to grow their skills, advance their careers, and strengthen Ohio’s economy.”
Credentials covered under the program are in robotics and automation, manufacturing technology, information technology, construction technology, military and smart transportation, cybersecurity, health care technology and business technology.
Training programs have to be finished within 12 months of the grant award. At that point, businesses are reimbursed for costs associated with the training programs, up to $30,000 per award cycle.
“TechCred is a powerful pathway for Ohioans to gain new in-demand skills, earn higher wages, and build long-term careers,” Lt. Gov. Jim Tressel said. “Employers benefit from upgraded skills in their workplace, while employees gain the confidence to keep learning and growing.”
The July TechCred application period is open and closes July 31.
“TechCred is making a real difference in the lives of thousands of hardworking Ohioans,” Ohio Department of Development Director Lydia Mihalik said. “We are helping hardworking people take the next step – whether that’s earning a raise, finding a new job, or growing in their careers.”
