Dayton-area businesses in targeted growth industries may be eligible for financial assistance in employing dislocated workers.
Project Hire, a State of Ohio program funded by the American Recovery and Reinvestment Act, may provide stipends of up to $6,000 per hired employee to assist with training expenses.
By packaging job seekers’ existing skills with a tax credit and additional training, these individuals will become more attractive to prospective employers, beyond what the job seekers could have accomplished on his or her own. The job training will be funded through the use of Ohio Learning Accounts (OLA), which will provide dislocated workers short-term training resulting in an industry-recognized, portable credential to expand employment opportunities. The Work Opportunity Tax Credit (WOTC) is a federal credit administered by the state that employers can take for hiring workers from the following disadvantaged groups: unemployed veterans, disconnected youth in need of skills, member of a family receiving Temporary Assistance to Needy Families (TANF), long term family or food assistance recipient, person living in a federally designated empowerment zone, summer youth program employee, vocational rehabilitation referral, ex-felon, and supplemental security income (SSI) recipient
Total Funds: The initiative will be funded with $8 million from the American Recovery
and Reinvestment Act Statewide Workforce funds in Fiscal Year 2010.
The Dayton Area Chamber of Commerce, in partnership with Montgomery County, will hold a workshop on Tuesday, December 1, to help employers determine their eligibility. It will be held at Sinclair Community College’s Building 12, from 8:30 a.m. to 10:00 a.m.
To register for the December 1 event, visit www.daytonchamber.org.
For more information on Project Hire, contact Chris Wimsatt at the Dayton Area Chamber of Commerce at 226-8293.