The Binance Charity Scholars Program (BCSP) will provide free Web3 education and training courses that will enable tech-savvy students to hone their skills without having to overcome unnecessary financial hurdles, Binance Charity explained in a January 20 blog post:
“We recognize that digital education and skills development may be out of reach for many, which can lead to a blockchain industry that lacks diversity and talent. The Binance Scholar Program changes all that by covering tuition and course fees at some of the world's leading universities, colleges and VET providers.”
The blog noted that more than 82,000 applicants are interested in being part of the next BCSP cohort, which equates to an acceptance rate of approximately 37%.
Education partners involved include the University of Western Australia, the University of Nicosia in Cyprus, the Frankfurt School of Finance & Management in Germany and the Nigeria-based technology center Utiva.
France-based free training center Simplon, Women In Tech, Kyiv IT Cluster and Ukraine's Ministry of Digital Transformation will also host some of BCSP's events.
Binance Charity said it has partnered with Ukraine-based departments to help retrain Ukrainians who may have lost their jobs due to the war with Russia.
The partnership with Women In Tech will seek to train nearly 3,000 women in rural South Africa and Brazil to support future women entrepreneurs .
Binance Charity will also receive partnership support from Binance Academy, the company's nonprofit blockchain education portal.
In 2022 alone, Binance Charity raised more than $3.5 million, most of which came in the form of Binance USD (BUSD) , which has helped fund over 290,000 hours of Web3 education and training courses.
Helen Hai, Head of Binance Charity, said that interest in the program continues to grow:
“The response to our Web3 education projects has been an unprecedented response, showing the keen appetite of many people to learn about blockchain, De-Fi, NFTs, coding and much more.”
“We're seeing interest from a wide variety of people, including a large proportion of women […] We've never been more excited to build a more inclusive Web3 with many more education initiatives with great partners next. world,” he added.
Binance Charity has not confirmed when the more than 30,000 positions will be filled and when each of the scholarship programs will begin.
Opinions and opinions expressed are those of the author and are not investment advice. Trading any form involves risk, so do your due diligence before making a trading decision.