Banco BNI Europa, through Puzzle, its online credit brand, announced this week it has created a partnership with Code for All to provide financial aid to anyone who wants to learn to become an IT developer in Portugal. The partnership aims to convert unemployed people or professionals from other areas into IT developers. The duo reported:
“This partnership provides an intensive code training program of 14 weeks supported by an online credit solution that offers special payment conditions to the program’s students. It also enables anyone interested to access this training program, but that faces financial limitations, to finally do so.”
According to the duo, registrations are open for 60 vacancies distributed by the three new bootcamps taking place in Lisbon, Fundão, and Ilha Terceira (Azores). The partnership with Puzzle is for now only available to the Lisbon bootcamp and João Magalhães, co-founder of Code for All explained that the bootcamp doors are open to anyone wanting to anyone wanting to become an IT developer with a guaranteed job. This is made possible through Puzzle’s financing solution with subsidized rates, long-term maturities, and a grace period that allows trainees to start paying the credit only once the training program is finished and when they’re already working. Code for All says the rate of employability for their courses currently stands at 96%.
Pedro Pinto Coelho, Banco BNI Europa Executive President, stated
“The bank has been strongly committed to the development of partnerships with start-ups focused on Fintech innovation. This collaboration with Code for All allows us to reinforce this strategic line and add a new layer of social responsibility to our operations by facilitating access to this program, whilst contributing to the development of digital knowledge in Portugal.”.
Code for All added it has already trained 222 professionals from many different areas into IT developers since its launch in 2015.