Last Updated on January 22, 2023 by Bitfinsider

Binance Charity, the company’s charitable arm, plans to give 30,065 scholarships to students interested in pursuing a career in Web3 in 2023.

The Binance Charity Scholar Program (BCSP) will offer free Web3 education and training courses, allowing tech-savvy students to upskill without incurring any needless financial costs.

According to the blog, over 82,000 applications wanted to be a part of the next BCSP cohort, which amounts to a 37% admission rate.

University of Western Australia, University of Nicosia in Cyprus, Frankfurt School of Finance & Management in Germany, and Nigerian-based technology cluster Utiva are among the education partners collaborating.

Some of BCSP’s activities will also be hosted by the French tuition-free training facility Simplon, Women In Tech, Kyiv IT Cluster, and Ukraine’s Ministry of Digital Transformation.

Binance Charity stated that they collaborated with Ukraine-based organizations to retrain Ukrainians who may have lost their employment as a result of the war with Russia.

The collaboration with Women In Tech will aim to teach about 3,000 women in rural South Africa and Brazil in order to promote future female entrepreneurs.

Binance Charity will also benefit from the company’s non-profit blockchain education site, Binance Academy.

Binance Charity raised more over $3.5 million in 2022 alone, the majority of which came in the form of Binance USD (BUSD), which helped support over 290,000 hours of Web3 education and training courses.