Title: 2005 Ohio Investment in TrainingOITP
1Ohio
2Ohios Workforce Development Program
- Ohio has many competitive advantages for
companies interested in growth in the North
American marketplace. - Successful Business Environment
- Wealth of Choices
- World-Class Companies
- Flourishing Professional and Personal Life
3Successful Business Environment
- Attract talent - Shrink labor costs
- Personal income tax has been lowered 21.
- Enhance Productivity
- No property tax on investments in machinery and
equipment - Reduce tax rates
- No business tax on products exported out of Ohio
- Level playing field
- All companies taxed the same
- Start a new enterprise
- First 1 million in gross receipts are tax-free
- Spend less on compliance
- Fair, simple, equitable - lower cost of doing
business - Plan accurately
- Stable, efficient, predictable - no tax surprises
4World-Class Company HeadquartersOhio ranked 5th
for FORTUNE 500 Companies
- Cardinal Health
- Dana Corporation
- Goodyear Tire Rubber
- KeyCorp
- Kroger
- NCR
- Nationwide Insurance
- Timken
5Best Places to Work in USRanked by Fortune in
2005
- J.M. Smucker
- Procter Gamble
- Sherwin-Williams
6Flourishing Professional and Personal Life
- Four distinct seasons with year-round activities
- Superior symphony orchestras, museums, ballet and
theatre companies - Cleveland Orchestra is rated as one of top 5 in
the world - Finest network of state parks and scenic natural
areas - World-class public and private golf courses,
ranking 6th in the country - The BalletMet Dance Academy is located in
Columbus - Seven major league sports teams
7Wealth of Choices
- 1st in the U.S. for plastics, rubber and
electrical equipment - 2nd in the U.S. in the production of motor
vehicles - 1st in the number of auto suppliers
- 3 Ohio communities rank among the top 30 U.S.
biotech locations - One of the top 5 fuel cell programs in the U.S.
- 10th in the U.S. in research and development
performance - 2 of the worlds top 6 polymer research programs
are based in Ohio
8Ohios Workforce
- In addition to quality, Ohio also offers
quantity. Our 5.4 million skilled and willing
workers total more than 31 states entire
populations.
9Ohios Education
- Ohio ranks 5th in the nation for the number of
higher education institutions.
10Technology
- Ohio has been continuously supporting technology
investment for more than 25 years. Ohios Third
Frontier program, a 1.1 billion initiative, is
committed to expanding high-tech research
capabilities and promoting innovation and company
formation.
11Ohio Department of Development Training Budget
- Annual Budget 25.7 Million 2006-07 Biennium
- Ohio Investment in Training Program (OITP)
- 12.2 Million General Revenue Funds
- 8 Million Unclaimed funds
- Third Frontier Internship Program (3rd year)
(TFIP) - 5 Million per year for 3 years
- Appalachia Training Investment Program (ATIP)
- 500,000 per year
- (250,000 ARC/250,000 GRF)
12Ohio Department of Development OITP (continued)
- The company must demonstrate an investment in
facilities and/or equipment that may otherwise
not be made in Ohio - and/or the creation of jobs or retention of job
- The company must match dollar for dollar
- The company must pay the wages of the employee
during training - Funding formula, including
- Projects paying less than 7.73/hr. (150 of the
Fed. Wage Rates FWR) are not eligible - Projects paying at or above 150 of the FWR may
receive between 300 to 1,000 per job - Bonus Distressed areas of the State receive
either 60 - 75 reimbursement rate
13Today, Ohio uses 10 of ASTDs training categories
to define eligible training costs.
Ohio Department of Development OITP (continued)
- Basic Skills
- Customer Service
- Information Technology
- Managerial Supervisory Skills
- Employee Orientation
- Product Knowledge
- Communication Skills
- Quality
- Maintenance/Skilled Trades
- Technical Process
1410 CategoriesProjected Costs
1510 CategoriesNumber of companies requesting
specific training
16Ohio Department of Development 3rd Frontier
Internship Program (TFIP)
- 5 million per year (15 million total) for
internships in the following areas - Advanced Manufacturing
- Advanced Materials
- Bioscience
- Information Technology
- Instruments, Controls, and Electronics
- Power and Propulsion
17Ohio Department of Development Appalachia
Training Investment Program (ATIP)
- 500,000 per year (ARC matched by GRF)
- Grantee must be located in one of Ohios 29
Appalachian counties - Assist diverse industries such as small
manufacturers, health care, business services,
and pilot projects
18Ohio Department of Development Staffing
- Central Office
- 3 person staff for OITP
- 5 person staff for Workforce Dev. Activities,
i.e. Board (organizes meetings of board
interagency committees and oversees work of
boards committees) - Field Staff
- 6 Training Coordinators
- The administrative budget is 6 of the total
budget
19Ohio Department of Development Program Challenges
- Decreased budget
- Reduction of staff
- Demand on program
- Partnering the different programs so they work
better together to provide comprehensive
assistance - Senior staff retirements and knowledge loss
- New program processes (Web based application)
20Ohio Department of Development Contact Names and
Agency Information
- Glenda Williamson
- Executive Director, Governors Ohio Workforce
Policy Board - Manager of Ohio Investment in Training Program
- gwilliamson_at_odod.state.oh.us
- Phone 614-995-3802
- Ohio Department of Development
- 77 South High Street, 28th Floor
- Columbus, Ohio 43215-6130
- Phone 614-466-4155/Fax 614-728-9135
- Department web site www.odod.state.oh.us
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