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Economic Development

Posted on: March 8, 2022

Tech-based credits available to Ohio businesses

NOTE: The information below was distributed by the Ohio Department of Development and is published here for the benefit of local businesses.

The Ohio Department of Development launched the TechCred initiative to help businesses address their workforce needs by upskilling current and prospective employees. Businesses of all sizes, from any industry, are eligible for up to $30,000 per round and up to $180,000 per year. To allow businesses more time to plan their employee trainings in advance, the TechCred application will open on a bimonthly basis for the remainder of 2022.

The 13th application period for TechCred opened on March 1 and will close on March 31. The application periods for the next several rounds can be found near the bottom of this article. 

"TechCred is helping businesses and thousands of Ohioans become more competitive,” said Lt. Governor Jon Husted, director of the Governor’s Office of Workforce Transformation. “TechCred has become part of the job training fabric of Ohio as many companies apply to use the program regularly. As a result, we want to help Ohio’s job creators plan ahead, so we are announcing an official application schedule for the rest of 2022 that will help businesses maximize TechCred and better compete in today’s tech-infused economy.”

Lt. Governor Husted also announced that the January round of TechCred will provide the opportunity for Ohioans to earn 4,434 tech-focused credentials.

“Today we are allocating over $5 million in TechCred funding, the most ever requested or awarded in one application period,” Lt. Governor Husted said. “Demand is growing, and TechCred is helping businesses and thousands of Ohioans become more competitive, delivering on our administration’s commitment to support efforts that upskill our current workforce in preparation for a more tech-focused economy.”

The January round of TechCred marked the 12th round of the program. Lt. Governor Husted said 370 Ohio employers were approved for funding, resulting in Ohio employees earning up to 4,434 technology-focused credentials. Businesses of all sizes are utilizing the program, with 116 new employers joining the program for the first time this round.

“The interest in the TechCred program shows there is a desire among business leaders to improve the technical skills of the workforce,” Ohio Department of Development Director Lydia Mihalik said. “The credentials being earned by Ohio workers will help both employees and businesses be successful in a tech-driven economy.”

A total of 1,728 Ohio employers have been approved for funding over the span of the program, supporting the earning of 36,703 tech-focused credentials by Ohio employees.

Application dates:

  • Round 13: March 1-31 
  • Round 14: May 2-31 
  • Round 15: July 1-29 
  • Round 16: Sept. 1-30 
  • Round 17: Nov. 1-30 

The current TechCred application period closes at 3 p.m. Thursday, March 31. Businesses with employees who have completed their approved TechCred training should complete the reimbursement process at TechCred.Ohio.gov.

You can learn more about the program at TechCred.Ohio.gov.

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