The aim of the initiative is to support Ukrainian citizens who want to retrain for IT jobs, as well as refugees and internally displaced people who lost their workplaces due to the war. The program participants will be offered an opportunity to choose between a variety of online or offline courses for both technical and non-technical roles.
Binance already announced it would donate $1m BUSD, providing full scholarships for at least 1,000 Ukrainians. Moreover, Binance Scholar Program will continue to provide educational and professional support to students after they complete their course. Lviv IT Cluster, a community of IT businesses, educators, and professionals, also pledged its support for the initiative.
“Global demand for blockchain developers is up by 300-500% yearly, yet at present, EdTech companies do not readily offer blockchain courses. This needs to change so people can have the opportunity to learn and earn in this sector,” said Helen Hai, Senior VP of Binance and Head of Binance Charity.
“It’s reported that nearly 5 million jobs have been lost in Ukraine as a result of the war. We believe this is a chance to help Ukrainians, many of whom have lost everything, rebuild their careers by supporting them with full scholarships to gain the skills they need to take advantage of the demand for well-paid tech professionals as we work to get blockchain courses added to this program.”
The project is open to all Ukrainians aged 21-60 with no prior IT experience who aren’t currently enrolled in a higher education institution. Any educational background or work experience is welcomed; a recommended level of English proficiency is B1. The program is set to start in August.
“IT Generation is a large and important project for Ukrainians and the economy of Ukraine. It will allow thousands of Ukrainian citizens to master a new profession in the field of IT, having received free high-quality education. Thus we can solve the problem of staff shortage in IT, which will allow it to develop faster. It is equally important that IT Generation will allow people who have lost their jobs due to the war to find themselves in a new promising industry,” said Mykhailo Fedorov, Ukraine’s Minister of Digital Transformation.