Code for All III

Direct

Access to quality education

• Improved facilities and more students: in total, 1318 people have received qualified and specialized training through Code for All_ until the end of 2021. With the funding, Code for All_ will be able to increase the number of students in the boot camps, every year, from 400 to over 1000 – which translates into an additional 600 people receiving training. The funding of the previous 3 campaigns has enabled them to move forward with the construction works of the Campus and started operating with 3 ongoing courses for 60 people.
• Increased beneficiaries from unemployed, underemployed, and/or from underprivileged backgrounds: with the campaign, Code for All_ will increase its capacity to fund students that can’t afford the tuition fee from 173 to 500 people – which represents an additional 327 people receiving funding alternatives.

All three campaigns with Code for All will impact positively 927 people. This campaign alone will impact 185 people.

Indirect

• Economic growth: in 2021 alone, Code for All activities had a positive impact on the economy of almost 34 million euros. These refer to the value generated by the job placement of people after each bootcamp, the consequent consumption in the supply chain, and the savings in social security and taxes.
• Creation of skilled employment: by 2021, 481 jobs have been created through Code for All's activity. There was a 98% employability rate among students up to 3 months after the bootcamp, above the industry average. In the year 2021, 259 people were trained, of which 73% were unemployed pre-bootcamp. 
• Support for companies committed to sustainable development: Code for All has been a B Corp certified company since 2018. The B Corp certification assesses companies' operations and how their business models affect their employees, community, and customers.

In 2013, Portugal was facing a severe financial crisis, resulting in a staggering number of 145,000 unemployed individuals with college degrees. The situation was exacerbated by high rates of underemployment especially among younger generations. This problem was not limited to Portugal alone, countries like Spain, Italy, and Greece faced even more daunting figures. A pressing question comes up: How could we contribute to addressing this issue?

Code for All_ was born to challenge the status quo and test a hypothesis: "Could they teach programming, one of the most in-demand hard skills in the job market, rapidly and effectively to individuals from diverse academic, economic, and social backgrounds? Could they empower them to transition from having zero knowledge in programing to embarking on successful careers in Software Development within 14 weeks when the typical Computer Science degree took, at least, 4 years?" 

Code For All_ was founded in 2015. They have been a certified B Corp since 2018, and have been highlighted as a case study for innovative financing of impact projects in the book Adventure Finance, authored by Professor Aunnie Patton Power from the University of Oxford.

The promotor is determined to break the unemployment cycle and offer a transformative educational solution. Code For All_ is committed to democratizing education and providing opportunities for individuals who had been left behind by conventional systems. So far they have witnessed success stories of 1.927 individuals who, despite previous struggles, found new purpose and fulfillment through their programs.

Code For All_ is currently part of Euronext's ELITE scale up program.