WOMEN IN TECH WEEK 2017

The technology industry is growing fast, and the demand for this knowledge continues to rise. Reshma Saujani, Founder and CEO of Girls Who Code, stressed that “computer science and computing skills are a critical path to success in today’s economic landscape.” However, female representation in the technology sector is at staggering low numbers.

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As of 2015, women make up only 12% of practicing licensed engineers and 8% of software developers. The percentage of women pursuing computer science degrees dropped from 37% in 1984 to 18% today. Although women make up approximately half of the Canadian workforce, the Information and Communications Technology Council (ICTC) found women hold only a quarter of the communication and information technology jobs, and just 5% of leadership positions in technology.

“Women remain dramatically underrepresented in technology fields. They’re missing out on opportunities and the world is missing out on their ideas,” according to Facebook COO Sheryl Sandberg at the Governor’s’ Summit in San Francisco earlier this year. It is important to provide women with the opportunities to learn and explore careers in tech, through education, events, and mentorship. WinTech’s Women In Tech week starts on February 27th. Through a series of events and activities, WinTech aims to recognize women tech leaders and empower others in the industry.

Women in Tech with Espresso Capital 

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In light of Women In Tech week, Espresso Capital has reflected upon our own clients and would like to recognize and thank our women founders and leaders. Earlier this month, past Espresso client HomeStars, a platform which connects homeowners with service providers, was acquired by HomeAdvisors, an IAC company. HomeStars was founded in 2006 by Nancy Peterson to help homeowners make the best hiring decisions in regards to home improvement. The acquisition of HomeStars strengthens HomeAdvisor’s North American presence in the home service digital marketplace. HomeStars will join one of the largest marketplaces in this industry, and further transform how homeowners connect with home service providers. We are very excited for Nancy and look forward to see what is to come.

Women founded or co-founded companies represent almost 10% of total companies funded by Espresso Capital, a number we would like to see grow materially this year, and in the future.

Find an event near you

Toronto

Monday: Diversity in Tech and Design

Tuesday: Is Web Dev The Right Career For You?

Women in Tech Toronto: Networking and Panel Discussion

Wednesday: Analytics and Data Visualization

Women in Tech Book Club Meetup

Social Media: The Future of Women in Tech

Thursday: Resume and LinkedIn Building

March 6th: SheEO Summit

Vancouver

Monday: Breakfast Kickoff: Bringing Out The Big Guns

Tuesday: Incubating The Next Techstars

Women, Wine, & Tech @ IQmetrix

Wednesday: Taking Charge of Tech: Tech Summit

Thursday: Women in Tech Awards Soiree

Friday: VANTEC Women’s Pitch Night

Saturday: Catch the Bug

Sunday: IDance: Women in Tech Girl Power Cardio

 

For more information about each event or events in Regina, Winnipeg, Kelowna, Denver, and Boston, visit http://womenintechweek.ca/.

 

Author: Jessica Ng, Financial Analyst