June 2019: a coding bootcamp fundraise, an interesting acquisition, and great new initiatives to encourage more women and underrepresented groups to get into tech. In this month’s podcast, we talk about the status of the tech skills shortage, what is happening to fill the gaps in areas like data science and cybersecurity, and the ongoing conversation around ISAs (income share agreements). Plus, the CEOs of huge companies like Intuit, Upwork, and IBM share their opinions of bootcamps. And we’ll give you the scoop on new campuses and 7 new schools in the Course Report directory.
Fundraises, Acquisitions, and More
- Bitwise, the parent company of coding bootcamp Geekwise in Fresno, CA, raised $27 million of series A funding in June, according to an article in The Atlantic
- Coding bootcamp loan provider, Skills Fund, has been acquired by Goal Structured Solutions, a San Diego-based third-party student loan services provider. The acquisition sales price was not disclosed.
- Toronto, Canada-based coding bootcamp HackerYou has been accepted to Y-Combinator, a few months after launching an income share agreement.
- South African coding bootcamp ATA Coding Bootcamp has been selected to take part in a business accelerator program in Cape Town called Akra Accelerate.
- Telco Orange in Sierra Leone has committed 2.75 billion leones (USD$303,000) towards the creation of the region’s first free coding school.
Encouraging Women and Underrepresented Groups in Tech
Tech Skills Shortage Update
Getting into Data Science and Cybersecurity
Tips and Advice for Breaking into Tech
Should You Go to University or Coding Bootcamp?
- Upwork CEO Stephane Kasriel writes a guest post for Fortune about why Upwork no longer requires employees to have a college degree, following in the footsteps of Apple and IBM, and says companies should consider graduates of online programs, and computer programming schools like 42 School, Holberton School, and Lambda School.
- In Fortune, the IBM CEO Ginni Rometty writes about why she wants Congress to reform the Higher Education Act (HEA), and make federal student loans available for career-oriented education like part-time coding bootcamps or cybersecurity courses.
- In a Real Clear Education guest post, Entangled Group CEO Paul Freedman looks at why higher education isn’t dead yet, talking about colleges’ ability to adapt to new market needs, and how colleges are launching their own coding bootcamps.
- Forbes contributor Mark Hall looks at 5 industries being disrupted – one of those being education – his point is that in a world where student debt has surpassed $1.4 Trillion, people don’t need to be paying $100k for an education that gets you a $40k job.
An Update on Income Share Agreements
Coding Bootcamp News + Updates
- TechCrunch profiles Holberton School’s new Medellin, Colombia campus which just opened in June.
- SF Chronicle profiles the new Flatiron School campus in a WeWork in San Francisco.
- Al Monitor Profiles 3W Academy Maroc, a 3-month coding school which was originally founded in France, but recently opened a new campus in Casablanca, Morocco.
- According to the Daily Herald, Judson University in Illinois has launched a data science bootcamp which starts in September.
- Business Cloud announced that Trilogy Education launched their first UK bootcamp at the University of Birmingham.
- And according to campus technology, the University of San Diego is partnering with Thinkful to launch a full stack flex course
- Fox 5 NY profiled Thinkful in an interview with Thinkful CEO Darrell Silver
University World News and the Times of India both published profiles the founders of Pesto Tech, a startup in India which offers intensive 12-week coding training programs, with income share agreements available for students.
- The Denver Post reports that Galvanize, which runs data science bootcamps and co-working spaces and now owns Hack Reactor, laid off 27 employees (7% of the workforce) in June, and is looking to close one of its Colorado locations.
- UK coding bootcamp Makers Academy has partnered with Accenture to offer an accelerated apprenticeship program for career changers, with no cost for the training.
New Schools on Course Report
Our Favorite Pieces on the Course Report Blog
- Imogen enjoyed chatting with Stacey, a student at Hackbright Academy, an all women’s bootcamp. Stacey used to be a veterinarian, and is now studying to become a software engineer! During the video interview she shared her screen and demonstrated her awesome final project - an app to help vets calculate drug dosages for animals!
- Liz had fun doing a video interview with three instructors from Tech Elevator who were all women in different cities – Katie Dwyer from Cincinnati, Beth Campbell from Pittsburgh, and Margaret Green from Detroit. They talked about the tech scenes in each of their cities, their teaching styles, and why they’re passionate about ushering more women into the tech space.
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