Capsim is happy to announce its business simulations and assessments are eligible for Perkins Funds. If you are unfamiliar with Perkins Funds, this post will define what the funds are, how they work, and who they are for.
What are Perkins Funds?
The Carl D. Perkins Career and Technical Education (or Perkins Act for short), are federal funds allocated to secondary and postsecondary institutions with the purpose of improving the quality of Career & Technical Education in the U.S. The Perkins Act distributes almost $1.3 billion annually across all 50 states for CTE programs. The bill is currently being reapproved as The Strengthening Career and Technical Education for the 21st Century Act and has been passed by the House.
How do they work?
These federal Perkins Funds are distributed to each State’s Department of Education who can award the funds to “eligible entities, including local education agencies and area CTE school”. Eligible CTE institutions can then apply for these funds for CTE programs and materials. Ask your curriculum coordinator about how you can utilize these funds to simulate the business world for your students.
How Perkins Funds can enhance your instruction:
Business Educators – Using textbooks and case studies to create interesting lectures and to engage students can be tough. However, you can actively engage your students with our suite of simulations, where students do more than just memorize concepts; they actively apply them. Capsim’s simulations and assessments are eligible for these funds under Section 135 of the Perkins Act as an instructional material.
Student Organization Advisers – When preparing students for the business world, there are few paths more rewarding than Career & Technical Student Organizations (CTSO) such as FBLA, DECA, and BPA. In fact, these organizations were specifically authorized by the U.S. Congress as part of the Perkins Act. With student members eager to learn about the world of business, our simulations provide an experiential platform where students can develop real-world skills like critical thinking, analyzing self-awareness, leadership, and communications skills.