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Ohio To Give Out $30M In Worker Training Vouchers

The Ohio Incumbent Workforce Training Voucher Program reimburses employers up to $4,000 per employee after the worker completes the training. Employers must first pay the full cost of training before they can receive a state voucher. An employer can be reimbursed up to $250,000 per fiscal year.

COLUMBUS, Ohio (AP) -- Ohio has begun the second round of a voucher program that provides financial assistance to employers interested in improving their employees' skills.

Ohio Gov. John Kasich (KAY'-sik) on Monday announced that the state will make available $30 million to reimburse companies for qualifying costs associated with training their workers.

The Ohio Incumbent Workforce Training Voucher Program reimburses employers up to $4,000 per employee after the worker completes the training. Employers must first pay the full cost of training before they can receive a state voucher. An employer can be reimbursed up to $250,000 per fiscal year.

The first round of the program, which launched in January, drew applications from 450 companies for the $20 million that were available at the time.