This week Facebook Inc. revealed its first center for training for entrepreneurs and coders in Latin America. This move is heartening technology careers for young population in Brazil who are burdened with shocking unemployment after a profound financial crisis.

Diego Dzodan of the company, the regional Vice President, told the media that the space in Sao Paulo, dubbed as Estacao Hack, will fill the gap between an enthusiastic but untutored generation with time in their hands and a tech industry starving for skilled talent in Brazil.

“Picture the opportunity,” Dzodan claimed to the media in an interview at Latin America headquarters of the Facebook. “You have got individuals without a job, so they cannot pay for training. And yet there is so much need for positions that the industry cannot fill.”

Facebook Reveals Training Center in Brazil for Entrepreneurs and Coders

Every 1 out of 4 Brazilians aged from 18 to 24, most with additional formal education as compared to their parents, were jobless at the beginning of the year. This was due to the worst downturn of the country that stunted the professions of a generation of young employees.

The 1,000 Square Meter space of the company on the busy Avenida Paulista is scheduled to open by the end of December, providing free career guidance, coding courses, digital marketing workshops, and entrepreneur training for almost 7,400 young Brazilians in its initial year.

Dzodan claimed that Hack Station or Estacao Hack might learn from outreach projects such as the Startup Garage in Paris unlocked in January by Facebook, but was customized to Brazil. For instance, the Sao Paulo space provides mentoring and workstations for entrepreneurs aimed on projects with social effect.

The proposal is one of various in Sao Paulo where huge companies are taking the benefits of a tech-savvy subculture, and a bend in the commercial real estate industry, to make premium spaces for modernization in biggest business hub of Latin America.

Alphabet Inc. in June 2016 started the 6-story Google Campus Sao Paulo, which was situated almost 6 dozen blocks south of the new space for Facebook. This campus offered training for entrepreneurs, mentoring for startups, and free community events.

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