I can't speak for the founders, but it seems that if you can write fizzbuzz, and in your interview genuinely express an interest in programming, you've got a really good shot at admission. There will be an expanding class size, and I'd wager that the admission ratio will be comparable to last batch. Be confident, study up in the interim, and want it!

EDIT: I'm not too comfortable singling out the skillsets I'd qualify as 'least experienced'. Suffice it to say there are people who do not come from professional programming backgrounds who have picked up enough to write up fizzbuzz, and speak intelligently about the things they've used in the past, and would like to work on in the future.