Who Qualifies for Workforce Development Grants in Ohio
GrantID: 3517
Grant Funding Amount Low: $30,000
Deadline: April 28, 2023
Grant Amount High: $750,000
Summary
Explore related grant categories to find additional funding opportunities aligned with this program:
Business & Commerce grants, Community Development & Services grants, Education grants, Employment, Labor & Training Workforce grants, Higher Education grants, Opportunity Zone Benefits grants.
Grant Overview
Priority Outcomes for Ohio's Higher Education Grants
Ohio's higher education system is a vital component of the state's economic development strategy, with a focus on improving educational attainment, workforce development, and innovation. The Banking Institution's Grants for Higher Education Programs aims to support creative or non-traditional approaches to addressing needs in the university science and education community. To achieve this goal, the grant prioritizes specific outcomes that align with Ohio's unique needs and challenges.
Targeting Workforce Development Needs
Ohio faces a significant workforce gap, with many industries struggling to find skilled workers. According to the Ohio Department of Higher Education, the state will need to fill over 1 million job openings by 2025, with many of these positions requiring some form of postsecondary education. To address this challenge, the grant prioritizes projects that focus on workforce development, particularly in fields such as science, technology, engineering, and mathematics (STEM). For example, initiatives that promote industry-recognized certifications, apprenticeships, or stackable credentials can help Ohio's workforce meet the demands of a rapidly changing economy. Applicants can leverage resources from the Ohio Department of Job and Family Services, which provides funding for workforce development programs through the Workforce Innovation and Opportunity Act (WIOA).
Fostering Innovation and Collaboration
Ohio is home to a diverse range of higher education institutions, including research universities, liberal arts colleges, and community colleges. The grant encourages projects that foster innovation and collaboration among these institutions, as well as with industry partners and community organizations. For instance, initiatives that promote the commercialization of research, develop innovative curricula, or create partnerships with businesses can help drive economic growth and improve educational outcomes. The Ohio State University's Discovery District, a hub for innovation and entrepreneurship, is an example of the types of collaborations that can be supported through this grant. By targeting these priority outcomes, the grant can help Ohio's higher education system drive economic growth, improve educational attainment, and enhance the state's competitiveness in the global economy.
Advancing Educational Attainment
Ohio's educational attainment rates lag behind national averages, with only 43% of adults holding a bachelor's degree or higher. To address this challenge, the grant prioritizes projects that improve educational outcomes, particularly among underserved populations. Initiatives that focus on student success, such as those that promote academic support services, mentoring programs, or summer bridge programs, can help improve retention and graduation rates. The Ohio Department of Higher Education's Student Success Initiatives, which provide funding for programs that support student success, can serve as a model for grant applicants. By supporting projects that target these priority outcomes, the Banking Institution's Grants for Higher Education Programs can help Ohio's higher education system better serve the needs of students, employers, and the broader economy.
Q: What types of projects are eligible for funding under the Grants for Higher Education Programs in Ohio? A: Projects that focus on workforce development, innovation, and educational attainment are eligible for funding, particularly those that involve collaboration among higher education institutions, industry partners, and community organizations. Q: How can Ohio's higher education institutions access resources to support grant applications? A: Institutions can leverage resources from the Ohio Department of Higher Education, the Ohio State University's Office of Innovation and Partnerships, and other state agencies to support grant applications. Q: What are the key metrics for evaluating the success of grant-funded projects in Ohio? A: Key metrics may include job placement rates, educational attainment rates, and the number of industry-recognized certifications or credentials awarded, among others.
Eligible Regions
Interests
Eligible Requirements
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