When a business owner thinks of the Bureau of Workers’ Compensation (“BWC”), the opportunity to receive funds is probably not high on the list, if at all, but the BWC has implemented a variety of programs for employers who take steps to make their workplaces safer and healthier for employees.
The most lucrative program is the Safety Intervention Grants Program, which provides the employer with up to $40,000 towards the purchase of ergonomic, safety, and/or industrial equipment. This is a 2-to-1 matching grant, which means the employer has to contribute at least $20,000 toward the equipment in order to earn the $40,000 grant.
To be eligible for this grant you must: (a) be a state fund employer in business for at least two years; (b) maintain active coverage; (c) be current on all funds owed to the BWC; and (d) demonstrate the need for safety intervention (note due to high demand, numerous items have been identified by the BWC as no longer being eligible for grant funds, including fork lifts, boom lifts, and vehicle lifts). There are several additional requirements, including extensive documentation regarding the purchase and ongoing reporting requirements detailing the impact the equipment has had on the workforce. There are strict rules regarding the use of the funds, and any unused funds must be returned to the BWC.
If you have any questions about the Safety Grant Program, call or email Sarah Carter at (937) 223-1130 or scarter@pselaw.com.
AND ONE MORE THING. The BWC also offers grants under the Drug Free Safety Program (“DFSP”) and newly created Workplace Wellness Grant Program. Sarah Carter will provide more information about the DFSP program in a future Blog. If you have any questions or comments about any tax or business matter, please call or email me or Sarah Carter at Scarter@pselaw.com or Jsenney@pselaw.com or 937-223-1130.
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Pickrel, Schaeffer & Ebeling Co., LPA, 2700 Kettering Tower, Dayton OH 45423
Tax, Business, ERISA, Employee Benefits, Real Estate, Construction Law, Private Placement Security Law, Employment Law, Workers Compensation, Probate, Estate Planning, Succession Planning, Bankruptcy, Creditors Rights, Immigration Law, Litigation, Arbitration, Mediation
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