Ohio Announces Remaining TechCred Rounds for 2022

Ohio manufacturers and other businesses have five newly announced opportunities in 2022 to receive reimbursement for certain credentials earned by employees through the Ohio TechCred program. The application dates are as follows:

  • March 1 through March 31, 2022
  • May 2 through May 31, 2022
  • July 1 through July 29, 2022
  • September 1 through September 30, 2022
  • November 1 through November 30, 2022

Since the program’s inception in autumn 2019, over 1,600 employers have used the program to upskill their workers. Eligible employers must be registered in Ohio, employ Ohio resident W-2 employees, and may be part of any industry, although manufacturers have been awarded the most reimbursement of any industry to date.

Over 32,000 industry-recognized, technology-focused credentials have been funded by the program. These credentials include certificates or certifications that can be earned in a short period of time (in less than 12 months, 900 clock hours, or 30 credit hours). Approved credentials are available at: https://techcred.ohio.gov/wps/portal/gov/techcred/about/credential-list.

Reimbursements are available for up to $2,000 per credential, up to a maximum of $30,000 per eligible company per funding round. Employers must file reimbursement applications within six weeks of each employee completing a credential. Tuition, lab fees, manuals, textbooks, and other certification costs can be covered by the reimbursement.

To learn more about Ohio’s TechCred program, visit techcred.ohio.gov or 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.