Originally published at medium.com

This post isn’t about sexism and harassment in the venture capital and technology industries, it’s about what funds can do to respond and cultivate inclusive communities to invest in the next generation of companies.

It is an unfortunate and well-known fact that women are under-represented in the tech workforce, with fewer than 25% of engineering teams being women.

Sabio was created to increase the number of women and people of color that participated in the innovation economy. Even after our five years of operations; however, we have to develop innovative programs and funding sources for women to ensure that each of our training sessions is at least 50% women. To accomplish this goal, we are looking to partner with corporate sponsors that are also looking to interview and hire women engineers to fund a Women in Tech Software Engineering Scholarship.

We are all too familiar with the fact that women do not enter tech majors in college, and instead tend to major in social sciences. A lesser-known fact is that a gender pay gap also exists. Because of the lower wages that women are paid after graduating from college, they have fewer savings that can be used to train for tech jobs. This poses an additional financial burden on women that might want to participate in a coding bootcamp, since they may have fewer financial resources to pull from to pay for tuition, a laptop, and or living expenses for the duration of the coding program.

It is Sabio’s conclusion, after working with over 100 women over the past five years that all the negative press around women in tech and the gender pay-gap further depresses the number of women that enter the software engineering profession.

To address these issues Sabio will establish a robust Women in Tech Scholarship Fund that will provide financial resources for women that want to participate in our coding program. The women that apply…[continue reading]

Written by Sabio Co-Founder, Liliana Monge and Head of Social Media, Sassy Mohen.