SV Academy Named to Fast Company’s Annual List of the World’s Most Innovative Companies for 2020
SAN FRANCISCO (March 10, 2020) – SV Academy has been named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies (MIC) for 2020, ranking #2 in the Education category. The list honors the businesses making the most profound impact on both industry and culture, showcasing a variety of ways to thrive in today’s fast-changing world. This year’s MIC list features 434 businesses from 39 countries.
“We’re honored to be recognized by Fast Company as one of the most innovative leaders in education,” said Rahim Fazal, CEO and Co-founder of SV Academy, “This further validates our work as we continue to ensure hardworking individuals across the US – regardless of their background – learn the right skills and get the opportunity to work in the tech industry.”
SV Academy is the first tuition-free and online vocational school that provides non-coders access to high-growth sales careers with an average starting full-time offer of $79,000, as well as ongoing training and mentorship for a year post-graduation. The program offers individuals in underrepresented groups a way into the tech industry without making them learn to code or pay tens of thousands of dollars in tuition for a degree or certificate. The company was recognized by Fast Company for its work pioneering the No-Coding Movement and breaking tech’s status quo by placing non-traditional talent in high-growth roles, which ultimately improves tech companies’ diversity and sales performance.
Rahim Fazal and COO Joel Scott co-founded SV Academy in 2017 to help underrepresented communities, including women and people of color, break into the tech industry. Since 2017, SV Academy has led 33 cohorts and transitioned hundreds of jobseekers into high-paying, high-growth sales careers. On average, graduates of the program secure a career in 39 days.
Unique to SV Academy is its approach to sourcing non-traditional talent and to date, the company’s graduates are 25 percent African Americans, 16 percent Latinx, 60 percent women, and 70 percent first-generation college graduates.
Fast Company’s editors and writers sought out the most groundbreaking businesses on the planet and across myriad industries. They also judged nominations received through their application process.
The World’s Most Innovative Companies is Fast Company’s signature franchise and one of its most highly anticipated editorial efforts of the year. It provides both a snapshot and a road map for the future of innovation across the most dynamic sectors of the economy.
“At a time of increasing global volatility, this year’s list showcases the resilience and optimism of businesses across the world. These companies are applying creativity to solve challenges within their industries and far beyond,” said Fast Company senior editor Amy Farley, who oversaw the issue with deputy editor David Lidsky.
Fast Company’s Most Innovative Companies issue (March/April 2020) is now available online at fastcompany.com/most-innovative-companies/2020, as well as in app form via iTunes and on newsstands beginning March 17, 2020. The hashtag is #FCMostInnovative.
About SV Academy
Founded in 2017, SV Academy is the non-coding way to make it in America. Through a tuition-free, online fellowship program, SV Academy offers hardworking individuals from under-resourced, underrepresented communities access to sales careers at more than 200+ partner SaaS companies across the US. The company provides mentorship, job placement assistance, and post-hire support such as alumni networking events and coaching, with 70% of its graduates promoted in the first year. SV Academy is backed by leading venture capitalists including Owl Ventures, Uprising, Bloomberg Beta, Kapor Capital, Rethink Education, and Sound Ventures. To learn more, visit sv.academy.
About Fast Company
Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Since 2011, Fast Company has received some of the most prestigious editorial and design accolades, including the American Society of Magazine Editors (ASME) National Magazine Award for “Magazine of the Year,” Adweek’s Hot List for “Hottest Business Publication,” and six gold medals and 10 silver medals from the Society of Publication Designers. The editor-in-chief is Stephanie Mehta and the publisher is Amanda Smith. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication Inc., and can be found online at www.fastcompany.com.