The document discusses a Software Development Residency program that provides a fast-track education focused on quickly developing human capital according to market needs. The residency is a customized program where students learn theory and get hands-on practice at the sponsoring client's development labs. Students work on real projects for the client and provide deliverables throughout the program. The residency aims to produce specialized professionals and solutions to solve the client's immediate demands. Examples of past residency programs and their goals and results are also provided.