New Round of Ohio TechCred is Now Open

Eligible Ohio employers looking for financial support to train or upskill employees will have another opportunity to use the Ohio TechCred program. From May 2 through May 31, 2022 at 3:00 PM, eligible employers may submit applications to obtain approval for future reimbursements through this program.

Why TechCred?

Ohio has approved funding that allows Ohio businesses, including manufacturers, to receive reimbursement for certain industry-recognized, technology-focused, and short-term credentials or certificates. Many manufacturers throughout the state continue to struggle finding labor, both skilled and unskilled. TechCred can support the employee recruitment and retention process by:

  • Providing funding (through reimbursement) to support the development of employees’ skills.
  • Supporting the business’s goals, including improving productivity and customer satisfaction.
  • Differentiating the company from others who may not provide similar training, thereby attracting talent.

How to Apply

Interested employers should consider eligibility criteria, including that the business is registered in Ohio and employs Ohio resident W-2 employees. Employers should also review the credential list here. Employers may request approval for credentials not included by selecting “Credential Not Listed” on the application form and answering questions about the credential. All credentials must be a certificate or credential that is industry-recognized, technology-focused, and short-term. Additional information can be found here.

When ready to apply, eligible businesses should submit an application via https://techcred.ohio.gov/apply. Users must have an OH|ID in order to log in to the application.

Other Resources

In addition to TechCred, businesses or individuals seeking assistance in the job market should consider the following resources:

  • Individual Microcredential Assistance Program helps low-income, partially unemployed, or completely unemployed Ohioans participate in training programs.
  • Ohio to Work connects job seekers with employers specifically in the fields of information technology, manufacturing, and healthcare.
  • Ohio In-Demand Jobs Week, from May 2-May 6, focuses on current career opportunities with businesses that are hiring. Organizations participating should visit topjobs.ohio.gov to ensure their event is listed.
  • Ohio Means Jobs offers resources for job seekers, employers, and students in the job market.

For more information regarding these programs or to discuss how labor availability and skills are affecting your business, contact a member of HBK Manufacturing Solutions at manufacturing@hbkcpa.com or 330-758-8613.
About the Author(s)

Amy Reynallt is a Senior Manager with the HBK Manufacturing Solutions Group in the Youngstown, Ohio office of HBK CPAs & Consultants. She is experienced in navigating the strategic and financial matters associated with manufacturing and works closely with manufacturers to help them plan, execute, and meet their short- and long-term financial goals. Amy can be reached at 330-758-8613 or by email at areynallt@hbkcpa.com.

Hill, Barth & King LLC has prepared this material for informational purposes only. Any tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or under any state or local tax law or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein. Please do not hesitate to contact us if you have any questions regarding the matter.

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