TechCrunch covered the recent Women Who Code news that they have been chosen for the Y Combinator’s Summer 2016 Accelerator Program. Y Combinator will inject funding into the organization and provide strategic guidance and counseling from top people in the tech industry over the course of an intensive three-month program.
Acceptance into Y Combinator is a recognized milestone that indicates the potential viability of Silicon Valley startups. Some of the biggest companies in the industry have participated in this program including Stripe, Airbnb, Heroku, and Zenpayroll. Here’s an excerpt from the TechCrunch article:
Women Who Code is the latest diversity non-profit to enter Y Combinator, the Silicon Valley accelerator that has helped produce companies like Airbnb, Dropbox, Stripe and Instacart. Although Y Combinator first started accepting non-profits in 2013, and has since been including non-profits in every YC Batch, /dev/color was the first non-profit focused on diversity that YC had ever accepted. Women Who Code will be the second.
Now, Women Who Code CEO Alaina Percival and Chief Maker Zassmin Montes de Oca will join the YC Summer 2016 program and receive a charitable donation — rather than traditional funding where YC gets a stake in the company.
To read the TechCrunch article in its entirety, click here.