Hackerschool New York does run a very similar programme - successfully its third year now. While they run it from the angle of recruitment, the focus of Hackership is towards creating great learning opportunities.
But the programme itself is proven to work.
The 15-of-1st support model
A hackership is run on the idea that people acquire skills and with them are offered better positions and jobs. That's why every participant pledges at the beginning of the programme to support it with 15% of their first year salary over the course of 12 months after the programme is over for them.
With this money the OpenTechSchool is able to continuously run this and other tech education programmes.
Why not a real hire-fee?
With a hire-fee the learners can only choose from a limited pool of companies. Aside from that, we are not an assessment centre.
The only interest we want to have in mind is the one of the hackers themselves.