Code for All III
Partilhar

https://goparity.com/projects/code-for-all-iii-408-97861

Code for All III

Growing transformative educational solutions for the tech industry
Resumo do investimento
Categoria de impacto
Economia social
Tipo de investimento
Empréstimo
Juro anual
5.6
%
Prazo
60
meses
Nível de risco
A classificação de risco resulta da nossa avaliação de risco de crédito, que analisa a solidez financeira do promotor e a viabilidade do projeto. É apresentada de A+ (risco mais baixo) a D (risco mais elevado) e permite comparar projetos e tomar decisões informadas.
A
D
B-

Ver mais

Partilhar

https://goparity.com/projects/code-for-all-iii-408-97861

Descrição
Impacto
Viabilidade financeira
Promotor

Code For All is a B Corp certified edtech impact company that launched Academia de Código and Academia de Código Júnior in 2015. Academia de Código is the biggest in-person tech bootcamp brand in Portugal and one of the best in the world. Academia de Código Júnior was later rebranded as ubbu, a code literacy remote platform for kids aged between 6 and 12. 

Code for All helps people change their lives by teaching them tech skills and by offering companies a solution to close the tech talent gap. Recently the promotor expanded their activity to a new space in Alcântara, Lisbon. 

This social impact-driven organization wants to seek funding from Goparity's investment community to:

  • Renovate their new super campus and increase training capacity;
  • Buy more tech equipment for the bootcamps;
  • Raise working capital to enable additional funding alternatives for students that can’t afford to pay the tuition fee. 

In every decision, Code for All commits to taking into account impact criteria, and they will build an impact-dedicated area on the campus. 

This is the promotor's third campaign after successfully funding 270.000€ in the campaigns Code for All I and II. The plan is to fund 500.000€ in three Goparity campaigns.

Academia de Código has changed the lives of 1.927 people, so far, and upskilled many more in the most demanded tech stacks in the market. Almost 300 tech companies have hired professionals from their bootcamps. According to an EY certified audit, their employability rate after 3 months of finishing the bootcamps was 98% in 2021.

Qual é o impacto?

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.

Indicadores de impacto

185
people
impacted

Contribuição para os Objetivos de Desenvolvimento Sustentável

Sobre o promotor

About
Code For All, Lda.

Em 2013, Portugal enfrentava uma grave crise financeira, que resultou em 145.000 pessoas com cursos superiores desempregadas. A situação foi agravada pelas elevadas taxas de subemprego, especialmente entre as gerações mais jovens. Este problema não se limitava apenas a Portugal, países como Espanha, Itália e Grécia enfrentavam números ainda mais impressionantes. Aqui surge uma questão premente: Como é que poderíamos contribuir para resolver este problema?

A Code for All_ nasceu para desafiar o status quo e testar uma hipótese: "Será que poderiam ensinar programação, uma das competências mais procuradas no mercado de trabalho, de forma rápida e eficaz a pessoas com percusos académicos e situações socioeconómicas diversas? Seria possível capacitá-los, partindo de um conhecimento zero em programação, para o início de carreiras de sucesso em Desenvolvimento de Software? Tudo isto em apenas 14 semanas, quando um curso de Ciências Informáticas demorava, pelo menos, 4 anos?"

A Code For All_ foi fundada em 2015. São uma empresa certificada B Corp desde 2018 e foram destacados como um caso de estudo para o financiamento inovador de projectos de impacto no livro Adventure Finance, da autoria da Professora Aunnie Patton Power da Universidade de Oxford.

O promotor tem como foco quebrar o ciclo do desemprego e oferecer uma solução educativa transformadora. A Code For All_ está empenhada em democratizar a educação e oferecer oportunidades a indivíduos deixados para trás pelos sistemas convencionais de formação. Até à data, o promotor já testemunhou histórias de sucesso de 1.927 indivíduos que, apesar de dificuldades anteriores, encontraram um novo rumo através dos seus programas.

Neste momento a Code For All_ faz parte do programa de scale ups ELITE da Euronext.

Website do promotor

https://www.academiadecodigo.org/

Equipa

[{"id":132,"promoter_id":294,"name":"João Magalhães","description":"João is the founder and CEO of Code For All. Before founding Code For All, João worked in a top consulting firm in the financial advisory industry and worked on projects in the tech and energy sectors. João holds an MBA from IE Busines School in Madrid.","link":"https://www.linkedin.com/in/jo%C3%A3omagalh%C3%A3es/","role":"Co-Founder and CEO","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/64a/406/77c/64a40677c58bf240100616.jpg","avatar_id":103252},{"id":133,"promoter_id":294,"name":"Rui Ferrão","description":"Rui has more than 20 years’ experience in Information Technologies from companies such as Ericsson, and Nokia working in deep tech projects for clients such as the European Space Agency. Rui holds a Degree in electronics, telecommunications and computer engineering.","link":"https://www.linkedin.com/in/ruipferrao/?originalSubdomain=pt","role":"Co-Founder and CTO","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/64a/406/cf0/64a406cf0ab05561014964.jpg","avatar_id":103253}]

Modelo de negócio

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Regista-te para acederes a todos os detalhes

Progresso da campanha

0%

do objetivo

10000000

Mínimo

10000000

Objetivo

10000000

Máximo

Project location
Lisbon
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