SAN FRANCISCO--(BUSINESS WIRE)--Hack Reactor, the leading network of immersive coding bootcamps in the U.S., today announced the unification of its network of schools, including MakerSquare and Telegraph Academy, under the Hack Reactor brand. As part of the change, it also announced the launch of the Hack Reactor Scholarship Fund, appointing Alexandra Cavoulacos, co-founder and COO of The Muse, and Alaina Percival, the CEO of Women Who Code to the company’s Scholarship Advisory Board.
Subject to regulatory approval, MakerSquare’s network of schools are rebranded as Hack Reactor Austin, Hack Reactor Los Angeles, Hack Reactor San Francisco and Hack Reactor New York City. Each campus has undergone a thorough and complete instruction and admissions standardization process to ensure the same high quality of education that Hack Reactor is known for.
Telegraph Academy is integrated into Hack Reactor’s immersive programs as the “The Telegraph Track,” a pilot program providing additional mentorship, career counseling and community support to underrepresented groups in tech.
Following the acquisition of MakerSquare in early 2015, Hack Reactor has grown from a single campus with 175 graduates in 2013 to five campuses nationwide with more than 3,000 total graduates, an average of 170 percent year-on-year enrollment growth.
“Hack Reactor has become the standard for coding education, producing the most highly skilled graduates in the industry. The decision to unify under one brand is a demonstration of our dedication to maintaining those high standards.” said Anthony Phillips, CEO and co-founder of Hack Reactor. “With the announcement of this new scholarship and our advisory board, we are reaffirming our commitment to our students and especially those from underrepresented groups, to provide the most transformative educational experience for a successful career in software engineering.”
Beginning January 2017, Hack Reactor will distribute more than $1.3 million in scholarship funding over two years that is entirely funded by the school itself. The scholarship will be open to all applicants and will be awarded based on the merit of their submission. To emphasize the company’s efforts to bridge the diversity and inclusion gap in technology, at least 50 percent of the seats awarded will be dedicated to prospective students from underrepresented groups, including women, people of color and members of the LGBTQ community.
The nomination and selection of the scholarship recipients will be determined by members of the Scholarship Advisory Board, a counsel of prominent technology and diversity-focused executives from across the industry, including: Cavoulacos; Percival; Tiffany Price, Community Engagement Manager, Kapor Center for Social Impact; Albrey Brown, Founder of Telegraph Academy. Additional board members to be announced.
The decision to unite the brands comes as demand surges for highly skilled software engineers and graduation rates grow to the highest in industry history, with more than 16,000 graduates in 2015 compared to 6,700 the year prior. According to the Bureau of Labor Statistics, over 1 million technology jobs will go unfilled by the year 2020.
Last year, Hack Reactor secured a 98 percent job placement rate within six months of graduation and an average graduate salary of $104,000.
For more information about Hack Reactor, please visit http://www.hackreactor.com. The scholarship page can be found at http://www.hackreactor.com/scholarships. To speak with Hack Reactor, please contact George Morin at (646) 517-4334 or firstname.lastname@example.org.
About Hack Reactor
The Hack Reactor network of technology schools educates more software engineers every year than Stanford University, University of California, Berkeley and the California Institute of Technology, combined. Hack Reactor maintains a 98% employment rate and an average graduate salary of $104,000. Alumni work in a variety of mid- to senior-level engineering roles at industry leaders like Google, Adobe, LinkedIn, Uber and Amazon, as well as at several growing technology companies. For more information, visit www.hackreactor.com.