YES Mentorship Initiative: Helping Support Women in STEM Industries 2015-07-08
YES has invited Ingrid Vanderveldt to present a roundtable on ‘Advancing Women through Mentorship’ at the YES Centre on July 8th. Ingrid Vanderveldt is a media personality, investor, mentor, and sought-after international speaker on entrepreneurship, women’s leadership, and the global economy.
Charles B. Crawford
Peter R. Johnson
Board of Directors
Past President, YES
John Molson School of Business
John Aylen Communications
Vice President, YES
NATIONAL Public Relations
Vice President, YES
Hart Resource Development
Gavin Correa, CPA, CA, CFP
Litwin Correa, LLP
Conroy Ross Partners
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Pino Di Ioia
BeaverTails Pastry/Moozoo Juices Gelateria
Landmark Properties Inc.
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PRESS RELEASE For Immediate Release
YES Mentorship Initiative: Helping Support Women in STEM Industries
Montreal, Friday, July 3 – A new report produced by non-profit organization, YES, on the role of women in the Quebec technology industry, calls for more mentoring and business start-up support among other recommendations.
The YES report entitled Gender Based Analysis: Third Annual Assessment of the Technology Sector in Quebec cites studies showing that companies with at least one woman on the board out-performed companies that only have men by 26 percent over a six-year period. Another report by Dow Jones VentureSource indicates that successful start-ups have twice as many women in senior positions.
Iris Unger, Executive Director of YES, said the organization researched the initiative for three years and discovered that the need for mentors for women was “glaringly obvious.”
“Women are pivotal to technological innovation and entrepreneurial growth and have a lot more to contribute, however tech companies have trouble attracting and retaining women” she said.
The Montreal region is the world’s 7th largest centre for technology, the city hosts 50,000 technology jobs, 20,000 aerospace jobs, and 33 gaming studios. Unger stresses that “In order to provide the industry with the talent Quebec’s technology sector needs to grow, we need to create a pathway for women to be successful in these industries. Entering into the workforce is only part of it. Women are an underused resource for this industry.”
YES recently received $223,989 from the federal government for a project to advance women in Science, Technology, Engineering and Math (STEM) through mentorship. This initiative will develop mentoring tools that small and medium-sized businesses in STEM fields can use to retain and advance their female talent. Unger found that some companies do have mentorship programs in place, but they aren't gender specific.
Over the course of the 30 month project, YES will partner with local STEM companies to create a gender specific mentorship model. The model will specifically target women’s advancement within these companies and will be developed with a diverse and skilled advisory committee.
To help launch this new mentorship initiative for women, YES has invited Ingrid Vanderveldt to present a roundtable on ‘Advancing Women through Mentorship’ at the YES Centre on July 8th. Ingrid Vanderveldt is a media personality, investor, mentor, and sought-after international speaker on entrepreneurship, women’s leadership, and the global economy. The former Entrepreneur-in-Residence for Dell and CEO of the movement “Empowering a Billion Women by 2020” is in Montreal at the invitation of the Consulate General of the United States of America to work with local groups encouraging innovation among young entrepreneurs and women.
ABOUT YES: As a not-for-profit organization, Youth Employment Services (YES) enriches the community by providing English-language support services to help Quebecers find employment and start businesses.
ABOUT THE PROJECT: The ‘Advancing Women in STEM through Mentorship’ project is designed to advance the careers and economic prospects of women in STEM industries by developing and piloting an easily duplicated and adaptable mentorship model that could be implemented in small to medium size companies throughout Canada. The model will be piloted and evaluated within several Montreal SME’s averaging 150 employees each. For a copy of the YES Gender Based Analysis or to learn more about the STEM Mentorship Project, please contact Leann Brown, Mentorship Coordinator at firstname.lastname@example.org
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