Over 30K Scholarships To Be Provided By Binance Charity In 2023

Binance Charity, the charitable branch of the biggest crypto exchange in the world, plans to provide over 30,000 scholarships to students interested in pursuing a career in Web3 this year. Binance Charity will also benefit from the popular non-profit blockchain education portal, Binance Academy.

The BCSP (Binance Charity Scholar Program) will therefore offer free Web3 education and training courses in 2023, allowing tech-savvy students to upskill without incurring any unnecessary financial costs. More than 82,000 applicants have expressed an interest in wanting to be a part of the next BCSP cohort, which roughly equates to a 37% acceptance rate.

Many institutions are also already interested, with University of Western Australia, University of Nicosia in Cyprus, Frankfurt School of Finance & Management in Germany, and Nigerian-based technology hub Utiva among those involved in the program.

Additionally, Binance Charity stated that they collaborated with Ukraine-based departments to retrain Ukrainians who might have lost their jobs as a result of the war with Russia. Meanwhile, a collaboration with Women In Tech will aim to train approximately 3,000 women in rural South Africa and Brazil in order to support future female entrepreneurs and boost the local economies.