Your business must adapt and embrace technology to remain competitive in this fast-paced business landscape. You need a skilled and innovative workforce to thrive in Ohio’s tech-infused economy. That’s where Ohio’s TechCred Program comes in – a game-changer that empowers employers to upskill their current and future employees. Here is a comprehensive overview of the program, eligibility criteria, and the steps to get started.
Ohio’s TechCred Program Overview
Ohio’s TechCred Program offers employers an opportunity to stay ahead in today’s dynamic job market. Here are the key highlights:
- Reimbursement: Employers who submit successful applications can receive reimbursement of up to $2,000 per credential when their employees complete eligible technology-focused credentials. This means you can invest in your employees’ growth while minimizing costs.
- Online Training: Many of the training programs offered under TechCred can be completed online. This flexibility ensures that you can integrate skill-building into your employees’ schedules without disrupting operations.
- Rapid Skill Development: The technology-focused credentials typically take a year or less to complete. This means your employees can quickly acquire the skills required for the technology jobs that Ohio employers demand.
TechCred is designed to be inclusive, and a wide range of employers can benefit from the program. Here’s what you need to know about eligibility:
- Any Ohio registered employer that employs Ohio resident W-2 employees is eligible to apply. It doesn’t matter if your business is small, medium, or large – all sizes and industries are encouraged to apply.
- Each employer can submit only one application per application period, so make it count!
Current & Prospective Employee Eligibility:
- Ohio employers can apply for reimbursement for both current and prospective employees. You don’t need to identify specific individuals on the application, but you will need to specify employees who earn approved credentials during the reimbursement request.
- To qualify for reimbursement, your employees must be Ohio residents with a verifiable Ohio address and W-2 employees (independent contractors or 1099 employees are not eligible).
Getting Started with TechCred
Now that you know the benefits and eligibility, let’s dive into the steps to get started:
- Identify Skills Needs and Employees: Begin by identifying the skills gaps within your organization and the employees who could benefit from upskilling.
- Partner with a Credential Provider: Collaborate with a credential provider who can help you identify the right solutions. TechCred encompasses both certificates and certifications:
- Certificate: Earned by completing a training or series of courses.
- Certification: Earned by passing a standardized assessment in a specific specialty.
- Ensure the chosen credential meets all three criteria: industry-recognized, technology-focused, and short-term (completed in less than 12 months or fewer than 900 clock hours).
- Apply Online: The application period for TechCred typically opens at specific times during the year. The next application period is from 9/1/2023 to 9/29/2023 at 3:00 PM. The next window for applications will be from 11/1/2023 to 11/30/2023 at 3:00 PM. Be sure to mark your calendar! Applications are submitted through TechCred.Ohio.Gov.
- Application Review and Awards: The Ohio Department of Development reviews applications and awards funding based on various criteria, including regional economic distress and the employer’s contribution towards credential costs.
- Enroll Employees: Enroll your current or prospective employees in an eligible credential program to start their skill development journey.
- Credential Completion: Ensure your employees successfully complete the program and receive the approved credential.
- Reimbursement: To receive reimbursement, submit a copy of the earned credential, an invoice detailing the credential’s cost, and proof of payment. Remember, employers must submit documentation within six weeks of an employee completing the credential. You can be reimbursed for tuition, lab fees, manuals, textbooks, and certification costs, up to $2,000 per credential. Plus, employers can receive up to $30,000 per funding round.
Ohio’s TechCred Program could be your gateway to a more skilled and tech-savvy workforce. It empowers you to invest in your employees’ growth, adapt to changing technology demands, and stay competitive in the market. Don’t miss out on this opportunity to unlock growth and innovation in your organization.
To see if Ohio’s TechCred program is right for your organization, contact our HR consulting team. We are here to support your journey towards a brighter tech-driven future.
By Jess Hart (Dublin Office)