Google invests $50 Million to close the tech gender gap

Wednesday, June 25, 2014

Google has promised to do all it can to recruit more women into Silicon Valley, and now the company is putting its money where its PR is. On Thursday, it launched a $50 million initiative to teach young girls how to code.

Just last month, Google announced that only 17% of its tech employees are women. The gender disparity is a dire issue for all tech companies. There will be 1.4 million computing jobs available in 2020, but only 400,000 computer-science graduates from U.S. universities to fill them. Part of the problem is that only 12% of computer-science degrees go to women, and in order for Silicon Valley to survive and thrive, it must be able to recruit more engineering talent from the other 50% of the population.

Realizing the extent of the problem, Google is launching Made With Code, a website that includes coding projects, stories from female technology role models and resources for parents. The girl-focused initiative kicks off Thursday at a New York event for 150 high-school-age girls hosted by Mindy Kaling and Chelsea Clinton.

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