Funding the Future: How Strategic Investment Expands Access to Tech Training

Technology is essential for business operations and growth, but possessing the right tools alone isn’t sufficient. While companies can adopt cloud platforms or AI solutions, finding skilled professionals to manage and innovate with them is the real challenge. As the tech industry evolves, a significant opportunity gap excludes many from life-changing careers.

Access to quality tech training remains limited across the nation. Addressing this issue requires more than just good intentions or temporary programs; it demands long-term investments in training models that emphasize tangible outcomes. At Per Scholas, we believe the future hinges on more than merely teaching technical skills. Our programs focus on economic mobility, assisting learners in launching careers, and helping employers build stronger teams.

Per Scholas CFO Pam Kingpetcharat works closely with business partners and supporters who help fund our mission of providing no-cost tech training. Pam ensures that every dollar invested translates into tangible outcomes for our learners and the communities we have campuses. Per Scholas drives sustainable growth in the talent pipeline while helping to close the tech opportunity gap. This success is largely due to how Pam maximizes the impact of each funding partnership.

The Role of Financial Leadership in Expanding Access

“Every dollar invested is a chance to promote systemic change — if used wisely,” Pam says. Ensuring that partner investments help Per Scholas achieve its goals is no simple task. How Pam and the finance team tackle this challenge exemplifies the critical role of financial leadership in broadening access to tech training.

Pam uses a data-driven approach to decision-making that involves carefully analyzing potential growth areas and assessing the long-term sustainability of new programs. To ensure every investment and expansion initiative is aligned with the Per Scholas mission, Pam and her team focus on delivering measurable impact.

“We prioritize investments that generate financial returns and create lasting social impact,” Pam said. “We are committed to showing that scalable, outcomes-driven training models are a smart investment in the future of our communities.”

Strategic Partnerships That Drive ROI

Building effective corporate partnerships is essential for transforming investments into meaningful impact. As Pam says, “We seek partners who align with our long-term vision for workforce mobility, equity, and innovation.”

Keeping this in mind, the ideal Per Scholas partner meets criteria that extend beyond financial literacy. They share our commitment to broadening Per Scholas’ reach and serving a significant number of learners. We seek organizations dedicated to closing the opportunity gap and developing a resilient tech workforce.

A prime example is Amazon, a Per Scholas partner since 2013. The online retailer and cloud computing giant made more than a financial investment. Amazon has been a partner from the start, when they collaborated on launching one of our foundational programs, AWS re/Start Cloud Fundamentals.

Amazon’s generous support has provided tech training to nearly 700 learners in various fields, including IT Support, Software Engineering, Cybersecurity, and Cloud Support. Evidence of their strategic partnership with Per Scholas, driving ROI, is demonstrated by Amazon hiring over 200 alumni from 16 campuses.

Investments in Innovation and Scaling With Impact

While funding our no-cost tuition programs is essential, we also recognize that scaling our impact is critical for closing the opportunity gap. Investments in infrastructure allow Per Scholas campuses to become state-of-the-art learning environments. Upgrading our technology ensures that learners have access to and can practice using the tools and resources they need to succeed.

When evaluating scaling opportunities, Pam considers long-term sustainability and impact. Investments prioritizing our ability to serve more learners while upholding the quality and effectiveness of our programs take precedence. This might involve opening a new facility in Kansas City or celebrating our first in-person cohort in Los Angeles. It could also entail developing new talent pipelines through our apprenticeship programs.

The numbers show the actual impact of innovation investments. According to our 2024 Annual Report, every $1 invested in Per Scholas results in $8 of economic return to the communities we serve.

A Call to Collaborative Investment

At Per Scholas, we believe the opportunity gap in tech presents an immense challenge that calls for a collaborative response. Mission-aligned funding and shared goals are essential for driving systemic change. We invite current and future partners to join us at this crucial moment. It’s a chance to be both an investor and a co-creator of economic mobility.

Together, we can bridge the gap and build a tech workforce that reflects our resilient learners. Per Scholas would be delighted to hear from you if you want to explore scalable, high-impact opportunities that align with your organization’s goals and values. Contact our partnership team today to help fund a future where everyone has equal access to tech training.