Press & News

Photos from the Virtual Business Challenge Live Competition in Atlanta, GA
Photos from the Virtual Business Challenge Live Competition in Atlanta, GA
At the recent DECA ICDC event in Atlanta, Georgia, 100+ teams of DECA students competed live in the DECA Virtual Business Challenge. Check out photos from the intense finals rounds of the VBC.

See the VBC photos now
Virtual Business Challenge - Hotel Final - Video
Virtual Business Challenge - Hotel Final - Video
At the recent DECA ICDC event in Atlanta, Georgia, 100+ teams of DECA students competed live in the DECA Virtual Business Challenge. The excitement is always high at these events espeically in the final round of competition.

In the final round in the Virtual Business Hotel Challenge in Atlanta, the winner was decided in the last 10 seconds of the 15 minute round.

See the video now
Cloud computing pushes into the classroom, but not without challenges
Cloud computing pushes into the classroom, but not without challenges
Peter Jordan, President & CEO of Knowledge Matters, was interviewed and quoted in this Ars Technica article.
"When you think about a traditional school workflow, it's not unlike that of a business: paper is generated and moved in a systematic way between the children and the teacher. Just as cloud computing has transformed workflows in business to make them more collaborative and mobile, that same type of change has been coming to schools. Children and teachers use the power of the cloud to collaborate while accessing, storing, and sharing content." Read the full article now
What Is DECA’s Virtual Business Challenge?
What Is DECA’s Virtual Business Challenge?
It can be confusing choosing just one of DECA’s 55 competitive events to participate in, however an event I definitely recommend would be DECA’s Virtual Business Challenge (VBC). The simulations allow you to use critical thinking to plan and strategize your own company with the fundamentals of business, marketing, finance, personal financial literacy, and hospitality and tourism. Read More

The competition is composed of two-25 day rounds, with a final, 15-20-minute competition at the International Career and Development Conference in Anaheim, Calif., next April! Read the full article now
AHLEI partners with Knowledge Matters to Offer Industry-Recognized Certification
AHLEI partners with Knowledge Matters to Offer Industry-Recognized Certification
The American Hotel & Lodging Educational Institute (AHLEI) has signed an agreement with Knowledge Matters that will provide high school students who complete the Virtual Business Hotel Online simulation with an exemption from the 100-hour internship component of the industry-recognized Certification in Hospitality Tourism and Management (CHTMP). Students still need to pass both the Year 1 and Year 2 exams for the Hospitality and Tourism Management Program (HTMP) curriculum. Read More

"AHLEI is thrilled to be partnering with Knowledge Matters to better prepare our high school students for careers in the hospitality industry," said Shelly Weir, AHLEI’s vice president, domestic sales. “Our HTMP students will gain experience in all of the key roles in hospitality management through both the classroom-based AHLEI curriculum and the Knowledge Matters simulator. The partnership aligns perfectly with our objective to develop a strong pipeline of workers for this dynamic industry.”
Future Business Leaders of America-Phi Beta Lambda Encourages its Members to Develop Money Management Skills
Future Business Leaders of America-Phi Beta Lambda Encourages its Members to Develop Money Management Skills
Future Business Leaders of America-Phi Beta Lambda Encourages its Members to Develop Money Management Skills - The FBLA-PBL publication Jumpstart - Financial Smarts for Students recently highlighted Knowledge Matters’ annual FBLA Virtual Business Challenge.
Virtual Business Challenges - Open to High School Students Across The U.S. - Registration Begins October 11th
Virtual Business Challenges - Open to High School Students Across The U.S. - Registration Begins October 11th
High school students across the country can earn cash by creating and managing virtual businesses - and competing with each other to build the most successful virtual business. Read More

Knowledge Matters' annual Virtual Business Challenges in partnership with Distributive Education Clubs of America (DECA), Future Business Leaders of America (FBLA), Family, Career and Community Leaders of America (FCCLA) will be kicking off registration on October 11th. High school students across the country will be registering and competing to build the best virtual business. Registration and competition info can be found here: DECA Virtual Business Challenge, FBLA Virtual Business Challenge, and FCCLA Virtual Business Challenge.

Winning students at the completion of the challenge in 2017 will have the opportunity win $1,000 team scholarships and more.
The 2015/2016 Virtual Business Scholarship winner has been announced
The 2015/2016 Virtual Business Scholarship winner has been announced
Knowledge Matters, Inc., the maker of the industry-leading Virtual Business family of educational simulations, is pleased to announce the 2015-2016 Virtual Business Scholarship winner, Read More

Nathan Sokul from Byron Nelson High School. Nathan, who is currently a business management student, has achieved great academic success through the use of a wide variety of technologies he uses inside and outside of the classroom. According to Nathan, "technology has been the key to my success in and out of school and in the business program at my school. Without technology, the business program and the opportunities it afforded me would not exist." Congratulations to you, Nathan on all of your successes and we wish you the very best. We would like to thank all of the teachers and students who participated in the scholarship program this year. The pool of candidates was very competitive due to a wide array of talents and accomplishments. Scholarship participants should be very proud of their hard work, qualifications and determination. Exposure to current technologies is critical to letting students compete in the job market of tomorrow and we commend all of the scholarship participants for expressing an interest in this and their teachers for enabling them and giving them the means to do so. Knowledge Matters hopes that you pursue your interests and talents and wishes you good luck in all of your future endeavors!
Knowledge Matters Announces the Winner of the 1st ICHRIE & Collegiate DECA Virtual Business Hotel Competition
Knowledge Matters Announces the Winner of the 1st ICHRIE & Collegiate DECA Virtual Business Hotel Competition
Knowledge Matters has announced that students from over 50 universities worldwide competed in a video game-like hotel simulation to maximize profit and customer satisfaction. The competition, a joint effort by International Council on Hotel, Restaurant and Institutional Education, Collegiate DECA and Knowledge Matters, was won by Miguel Angelo Enano from University of Santo Tomas in Manila. Read More

Miguel Angelo Eñano, a student at the College of Tourism and Hospitality Management at Manila’s University of Santo Tomas in the Philippines, has won first place in the ICHRIE & Collegiate DECA Virtual Business Hotel Competition. The competition, co-sponsored by ICHRIE, Collegiate DECA and Knowledge Matters, challenged students to manage a hotel profitably, setting revenue management policies, and operating the hotel restaurant. Participants were ranked based on a balanced scorecard that included profitability, customer satisfaction, employee satisfaction, and inventory levels.