Did you know that Europe’s GDP could improve if it closed the Gender Gap in STEM Education? In fact, it is estimated that achieving gender equality in STEM education could add up to 1.2 million jobs and 610-820 billion euro to Europe’s GDP by 2050. While we are seeing improvements like in 2019, women made up more than a third (40.9%) of scientists and engineers in the EU-28, an increase from 32.4% in 2009. Even if we still have a lot of work to do, for example, in that same year, women were just 32.5% of those employed in high-tech manufacturing and knowledge-intensive high-tech services leaving this sector still very male-dominated.
Why is it so important to have women in tech?
Well, for one, it is good for business. Data has proven that diverse teams result in more innovation and increase revenue. A study by BCG found that companies that reported above-average diversity on their management teams also reported innovation revenue that was 19 percentage points higher than that of companies with below-average leadership diversity—45% of total revenue versus just 26%.
But even more profound is that we need women working in technology for representation. The more women are contributing to the creation of future technologies, the more integrated everyone’s needs will be. The World Economic Forum talks about some of the reasons women and girls have lower rates in STEM fields: lack of encouragement, active discouragement, lack of role models, negative peer pressure and harassment. Studies show that it is not an ability issue. The article continues saying: Women from under-represented groups face prejudice twice over, both against their gender and their race.
So the more diverse STEM fields become the better it will be for everyone but even during this moment of transition when women face obstacles there are many reasons why it is a great choice for a career like this infographic points out women only represent 30% of IT employees. And the demand for IT workers is high, and the reward is even higher. Many companies are facing a tech employee shortage, and women who enter IT jobs earn 33% more than women in traditional roles.
At Talent Garden, we have always believed in equal opportunity. We know that inclusiveness in roles, companies and industries will always benefit everyone involved. Among all those enrolled in STEM faculties, female students represent only 37% and although the trend is growing compared to the past, it is still not enough. It is in this context that the Women in Tech Grant initiative was born: a €1000 grant on tuition fees, for women and girls who want to become digital professionals and participate in our STEM masters and courses offered by the Talent Garden Innovation School.
Who can apply for the Women in Tech Grant?
All female candidates who want to participate in our courses can apply for the grant getting a discount on the tuition fee.
How to apply for the discount?
After applying for one of these courses you will be invited to a personal interview. At this interview you can talk to your Orientation & Admission specialist going over your application, making sure the course fits your needs and supporting you with the application to receive this grant.
What is the validity period of the Women in Tech Grant?
There are no time constraints: the discount is applicable for all intakes of our courses!
Do you need further clarifications?
Contact us at this email address, we will be happy to give you all the answers you need: firstname.lastname@example.org.