Binance Charity to Award Over 30K Web3 Scholarships in 2023

Binance’s philanthropic arm – Binance Charity – is set to fund 30,65 scholarships for students aspiring to pursue a career in Web3 in 2023.

The Binance Charity Scholars Program (BCSP) will provide free Web3 education and training courses that will enable tech-savvy students to jump through unnecessary financial hurdles, Binance Charity said. explained, In a January 20 blog post:

“We recognize that digital education and skill development can be out of reach for many, resulting in a lack of diversity and talent in the blockchain industry. The Binance Scholars Program changes all of that, including Costs include tuition and course fees at the world’s leading universities, colleges and vocational training providers.

The blog states that more than 82,000 applicants are interested in being part of the next BCSP cohort, which equates to an acceptance rate of about 37%.

Academic partners joining include the University of Western Australia, the University of Nicosia in Cyprus, the Frankfurt School of Finance and Management in Germany and Nigeria-based technology hub Utiva.

France-based tuition-free training center Simplin, Women in Tech, the QIT cluster, and Ukraine’s Ministry of Digital Transformation will also host some BCSP programs.

Binance Charity said it partnered with departments based in Ukraine to retrain Ukrainians who had lost their jobs. Because of the war with Russia.

Will try to partner with Women in Tech. Train about 3000 women. In rural South Africa and Brazil will support future female entrepreneurs.

Binance Charity will also receive partnership support from Binance Academy – the company’s non-profit blockchain education portal.

In 2022 alone, Binance Charity raised over $3.5 million – most of which comes in the form of Binance USD. (BUSD) — which helped fund more than 290,000 hours of Web3 education and training courses.

Related: Education is key to driving sustainability in blockchain and beyond.

Helen High, Head of Binance Charity, said interest in the program continues to grow:

“The response to our Web3 education projects has been unprecedented, reflecting the eagerness of many to learn about blockchain, DeFi, NFTs, coding and more.”

“We are seeing interest from a wide variety of people, including a large proportion of women […] With so many education initiatives with amazing partners in the pipeline, we’ve never been more excited to build a more inclusive Web 3 world,” he added.

Binance Charity has not confirmed when the 30,000+ positions will be filled and when each scholar program will begin.