If you are an Ohio business owner, you will want to take note. On Monday, September 28th, the Ohio Development Services Agency will open the application process for its Incumbent Workforce Training Voucher Program. The vouchers are awarded on a first-come, first-served basis until the available funds are committed. 
Any additional applicants will be accepted and placed on a waiting list in case additional funds are made available for this program. This program is meant to develop a stronger workforce in Ohio to meet the current and future demands of the changing economy.
Any additional applicants will be accepted and placed on a waiting list in case additional funds are made available for this program. This program is meant to develop a stronger workforce in Ohio to meet the current and future demands of the changing economy.
The program allows for a reimbursement of 50% of eligible training expenses. There is a maximum reimbursement of $4,000 per employee and $100,000 for the business per year. An eligible employer must operate as a for-profit entity, have a facility in Ohio that has been in continuous operation for the 12 months immediately prior to the application, and be a state-designated targeted industry. Targeted industries are determined by NAICS code but include:
- Advanced Manufacturing
- Aerospace and Aviation
- Automotive
- Back Office
- BioHealth
- Corporate Headquarters
- Energy
- Financial Services
- Food Processing
- Information Technology and Services
- Logistics
- Polymers and Chemicals
- Research and Development
To learn more, download an application or for FAQs, visit the Ohio Development Services Agency site: Ohio Incumbent Workforce Training Voucher Program.
If you have questions about the Ohio Incumbent Workforce Training Voucher Program and how it affects your business or how we can help you build and grow your business through sound financial planning, contact us at 216.831.0733 or email bneate@zinnerco.com
About the Tax Services Department
Lead by partner Howard Kass, CPA, CGMA, AEP, the taxation department team works with individuals and businesses to ensure compliance, planning, and strategies encompassing all financial matters. The team guides and counsels clients in federal, state and local taxation in addition to sub-specialty area’s within taxation, including business tax, individual tax, IRS matters, estate, gift and trust services and international tax planning.
About the Tax Services Department
Lead by partner Howard Kass, CPA, CGMA, AEP, the taxation department team works with individuals and businesses to ensure compliance, planning, and strategies encompassing all financial matters. The team guides and counsels clients in federal, state and local taxation in addition to sub-specialty area’s within taxation, including business tax, individual tax, IRS matters, estate, gift and trust services and international tax planning.
