Women Who Tech: Opening Investor Doors To Fund Women-Led Startups
For some time, the misrepresentation of women in technology-related fields has proliferated the industry. Research from Stanford, assessing 84-on-campus recruiting sessions for graduating STEM students over two years, illuminated that women with STEM (science, technology, engineering, or math) degrees are dramatically less represented in tech jobs compared to their male counterparts. The research signified the stark differences in perceived openness of these climates in relation to welcome varying perspectives and needs of those not representative of the current majority.
Additionally, this proliferation has continued to hold true in the entrepreneurial space for women-led tech companies. On average, only 10% of funding globally goes to women, and roughly .2% has gone to Black women-led ventures. The misrepresentation of women populations in the tech and tech entrepreneurial realm is very important for consideration due to the major impact that a lack of equality can have on societal prospects for living, working, and performing in an economic environment that thrives with regard to diversity of thought, voice, gender, orientation, and race.
One organization at the helm of changing this dialogue is Women Who Tech, a nonprofit organization, with the vision of transforming the world and inspiring change by bringing together women breaking new ground in technology. Women Who Tech is notorious for shifting the paradigm. They led what the nonprofit calls “telesummits,” with some of the most renowned and thought-provoking women startup investors like Joanne Wilson and entrepreneurs Arianna Huffington, Rashmi Sinha—co-founder of SlideShare, and more. In 2015, the organization launched the Women Startup Challenge program to showcase and fund women founders in partnership with Craig Newmark, founder of craigslist and Craig Newmark Philanthropies. (read more)