Less than a fifth of Tech City directors are women
Female entrepreneurs are better represented on boards of FTSE 100 companies than on boards of Silicon Roundabout start-ups...
Just 18% of directors on the boards of Tech City start-ups are women, findings from consultancy firm Procorre have revealed today.
This number is markedly lower than the representation of women on the boards of FTSE 100 companies, where 24% of directors are female-despite the government target to reach 25%.
The figures are said to ring alarm bells for gender representation in the tech sector and follows recent data from the UK Commission for Employment and Skills which reported that women make up just 27% of the UK’s total digital workforce, down from 33% in 2002.
Procorre has argued that the government may need to consider new measures to ensure women are better represented at top levels in London’s tech hub and have suggested a “self-imposed target for the industry”, as well as the launch of new initiatives to dispel misconceptions that tech start-ups are “hostile” to female employees.
Wiktor Podgorski, Procorre contracts and HR manager, said of the news: “There is undoubtedly a shortage of female graduates with the right qualifications to go into the digital industries, but the gender gap in Silicon Roundabout cannot be explained by that alone.
“Women make up 38% of maths graduates, which could easily be a stepping stone into a career in software development. But in fact, only half of female graduates of science, technology, engineering (STEM) subjects go into STEM careers, compared with 68% of their male peers from the same courses.
“Technology-based industries seem to be unable to attract the female talent available, and we have to look at the reasons why.”