This July, the coding bootcamp industry heated up with a $10M fundraise, an acquisition, and a $2B rumor. Drama about OPM regulation continued, and there’s still a lot of back-and-forth about whether the Pell Grant expansion will include online programs. Skills-based hiring continues to be a top trend in 2022, including how to diversify tech teams with women technologists and formerly incarcerated individuals. We saw more news about successful apprenticeship programs and workforce development partnerships. Plus, find out which 9 new coding bootcamps we added to the Course Report directory in July!
Curious about what happened in June? Check out last month’s episode to hear our June coding bootcamp news roundup!
2 ACQUISITIONS & $10M FUNDRAISE
GeekWire reports that Coding Dojo received $10M from Eastward Capital Partners.
TechCrunch reports that Holberton School has been acquired by African Leadership Group (ALG). Holberton’s online tech platform will become part of ALG’s current learning platform, and the physical Holberton campuses will become a separate business that will be under the current Holberton COO, Florian Bucher.
According to Tech.EU, Le Wagon has bought online learning provider, Emil.
Bloomberg reported on a rumor that Indian online-education provider Byju has offered to buy 2U, Inc for $15 a share, which would give 2U an enterprise value of about $2 billion.
REGULATORY NEWS: PELL GRANTS + OPMs + ISAs
Higher Ed Dive reports that 14 leaders of universities and organizations like Cengage Group, OneTen, and Southern New Hampshire University (which owns Kenzie Academy) delivered a letter to Congress imploring them to include online programs in the Pell Grant extension.
Workshift columnist, Michelle Van Noy points out that the conversation too often focuses around funding programs that get graduates high-paying jobs, which is ignoring a key part of the labor market.
Higher Ed Dive reports that the House Appropriations Committee called on the Ed Department to crack down on the contracts between universities and OPMs.
Inside Higher Ed highlighted the new bipartisan bill targeting ISA regulation. (We’ll dive more into this in our August News Roundup!)
SKILLS-BASED TECH HIRING IN 2022
HR Dive reports that a rise in skills-based hiring could be due to an Accenture report that detailed the presence of 27.4 million “hidden workers,” a group that includes employees who were inactive, on long-term unemployment or who missed hours due to economic reasons or child and family care reasons.
Higher Ed Dive highlighted a new report from cybersecurity professional organization, (ISC)2, that had really positive findings about employers who take on entry-level and junior-level cybersecurity hires.
APPRENTICESHIPS & WORKFORCE DEVELOPMENT GRANTS
The Job dug into a case study about The Missouri Chamber Foundation’s Industry Driven IT Apprenticeship, which has trained 1,565 tech workers—including 640 people of color—since its creation with a $6M federal grant two years ago.
NYC EDC announced they have partnered with Fullstack Academy to offer the second annual Cyber NYC Fellowship scholarship program aimed at low-income and unemployed New Yorkers.
Financial Times weighed the success of online vocational training programs that are upskilling Brits and backed by the British government. They pointed out the skepticism around UK bootcamp outcomes, and that reporting outcomes seems inconsistent right now.
NEW BRIDGING THE TECH GAP INITIATIVES
In an interview with a Gusto Benefits Engineer, CIO focused on how tech executives need to take constant, intentional action to continue to drive towards a more balanced, diverse IT organization.
Technical.ly DC reports that Ada Developers Academy is hosting a hybrid hackathon at the end of August that covers the Supreme Court‘s recent overturn of Roe v. Wade.
WLTX spotlit the Persevere Program, a new coding bootcamp helping women at a South Carolina correctional facility certify as full stack developers.
CNBC reports that large companies are participating in programs such as Next Chapter (which works with Hack Reactor) to help formerly incarcerated individuals learn tech skills and land tech jobs.
2 NEW SCHOOLS & 3 NEW OFFERINGS
Congrats to Tech Elevator, which hit its 7 year anniversary of training developers!
Codesmithannounced that it will be launching in-person learning in NYC this October. (Applications open August 1st!)
Virginia Tech has partnered with Fullstack Academy to offer an online product management bootcamp.
Code Fellows has partnered with Yellow Tail Tech to offer tech career pathways to underrepresented individuals in the Washington, DC metro area.
Jess was excited to speak with Eleven Fifty Academy grad Zach about why he chose to enroll in an online cybersecurity bootcamp right after high school graduation. Zach shares what motivated him to enroll at a bootcamp instead of college, and how his bootcamp experience has helped him launch a really successful career as a SOC Analyst at a cybersecurity company.
This month, Liz published each panelist’s advice from our latest webinar, What I Wish I Knew Before a Coding Bootcamp. If you’ve been thinking about enrolling at Sabio, General Assembly, Springboard, Coding Temple, or DigitalCrafts, don’t miss these recent bootcamp grads' top tips for making the most of your bootcamp experience!
Stay tuned for our next live Q&A webinar, How to Get into 5 Different Bootcamps, on September 7th!
Jess is the Content Manager for Course Report as well as a writer and poet. As a lifelong learner, Jess is passionate about education, and loves learning and sharing content about tech bootcamps. Jess received a M.F.A. in Writing from the University of New Hampshire, and now lives in Brooklyn, NY.