IE Foundation will invest €80 million in scholarships for women over the next decade, further extending its commitment to encouraging female talent and consolidating the #IEWomen initiative, which began in 2017.
The announcement of the scholarship fund coincides with IE International Women’s Week, which runs until March 6, with a range of conferences and round table events at IE ‘s Madrid and Segovia campuses, the Google Campus and Allen & Overy, during which professors, students and staff from the five IE University schools will discuss the challenges facing women in the business environment.
The #IEWomen initiative promotes the development of female talent and facilitates access to IE University programmes for women who want to take on leadership positions in technology companies and in areas of entrepreneurship.
“More women in the classroom translates into more women in senior management, more female entrepreneurs, technologists, investors and ultimately more women with decision-making power in the global sphere. It is important to know what women want in terms of their training, career and future success,” says Celia de Anca, Director of the IE Foundation’s Diversity Center, which is behind this initiative.
Some 39% of IE’s faculty are women, as are 69% of IE staff and 48% of IE University students, from more than 121 nationalities. In addition to strengthening the funding of its students with this scholarship fund, IE Women is extending its mentorship program to facilitate supportive relationships between students, alumni and the international business community through the IE Women in Business Club, the U.S. Chamber of Commerce in Spain (AmChamSpain), the CFA (Certified Financial Analysts in Spain) Women in Finance Committee, and the Women Strategy Lab, which promotes women in the field of strategic consulting.
“Understanding how success is perceived and defined is the key to fostering student diversity. Our ideas about success have changed; success is not the same for everyone. We all have the ability to pass on a positive legacy, make a positive impact, empower others. That’s how we can truly create lasting inspiration for the women who have made, and will continue to make, the world such a diverse place,” says de Anca.
Diego del Alcázar Benjumea, Vice President of IE University, opened the International Women’s Week with an interview with Cecilia Xu, IE Business School alumna and Country Manager at technology company Bidalgo. In addition, IE Women in Business Club has organized a conference at Madrid’s Google Campus with the participation of Teresa Martín-Retortillo, Executive President of IE Exponential Learning and Nathalie Picquot, CEO of Twitter Spain & Portugal and member of the board of Inspiring Girls. Throughout this week, a conference on gender inequality in the legal world will also be held, in collaboration with Allen & Overy. There will be a presentation of the book “In an Ideal Business. How The Ideas of 10 Female Philosophers Bring Value to The Workplace” by Santiago Iñiguez de Onzoño, Executive President of IE University.
Ensuring diversity and equal opportunities is a priority for IE. “At IE Foundation we work to fully develop female talent on their path to excellence and to contribute to the development of a better, more diverse and sustainable world”, says Gonzalo Garland, Executive Vice President of IE Foundation.
Initiatives such as #IEWomen , promoted by the IE Foundation from its Diversity Management Center, created in 2002, contribute to promoting diversity as a competitive advantage in the corporate world through the generation of knowledge and the dissemination of know-how.
About the IE Foundation
The IE Foundation develops initiatives using its own resources and in collaboration with strategic partners to improve the quality of education, boost research, finance scholarship programs as part of a “give something back” culture and to reinforce IE’s values and its impact on society. The Foundation promotes the strategic pillars of IE, an internationally renowned academic institution that provide a learning ecosystem based on technology, entrepreneurship, a global approach, a commitment to the humanities and academic excellence.