Business

Malaysia joins Women in Tech Global Movement

NGO aims to close gender gap, focus on financial inclusion

Updated 4 years ago · Published on 05 Mar 2022 9:00AM

Malaysia joins Women in Tech Global Movement
International NGO Women in Tech’s country director Yuki Aizawa says the Women in Tech Malaysia chapter is focusing on financial inclusion to broaden the accessibility to quality and affordable financial services for all segments of society. – Pic courtesy of Women in Tech, March 5, 2022

by Anne Edwards

KUALA LUMPUR – With less than 7% of women entrepreneurs worldwide getting access to business funding, it is only apt that Women in Tech, an international non-profit organisation, aims to close the gender gap and help women embrace technology.

Its country director Yuki Aizawa said the organisation, which is headquartered in France, aims to increase women representation in the corporate sector, micro, small and medium enterprises (SMEs) and start-ups.

“In tandem with our growing community of almost 200,000 members across six continents, there are currently 23 countries where we have set-up operations worldwide. Women in Tech aims to grow the movement to 100 chapters by 2024.

“And today, we are grateful that Malaysia is the second in Asean after Thailand and one of the next five countries to join the global network,” said Aizawa at the recently held Malaysia chapter launch of the Women in Tech Global Movement.

She also said the Women in Tech Malaysia chapter is focusing on financial inclusion to broaden the accessibility to quality and affordable financial services for all segments of society.

“It is to provide assistance to the disenfranchised through innovation and technology, equip those who do not yet have the access or even knowledge, with education and programmes.

“We are working with each state to appoint state champions. We are working with the community, academia, universities in the areas of science, technology, engineering, arts, and mathematics to create youth champions and leaders to catalyse change.

“We also want to place heavy emphasis and shift the attention to creating funding accessibility and enhancing contributions to local SMEs and women business owners.

“SMEs account for a large proportion of the national economy and are the nucleus to our joint efforts to achieve sustainability and inclusive growth.”

Malaysia is the second in Asean to join the Women in Tech Global Movement after Thailand and there are currently 23 countries where they have set-up operations worldwide, aiming to grow the movement to 100 chapters by 2024. – Pic courtesy of Women in Tech, March 5, 2022
Malaysia is the second in Asean to join the Women in Tech Global Movement after Thailand and there are currently 23 countries where they have set-up operations worldwide, aiming to grow the movement to 100 chapters by 2024. – Pic courtesy of Women in Tech, March 5, 2022

She said for many start-ups and SMEs in these trying times, the lack of digital infrastructure prevents SMEs from operating at efficient levels, leading to the formation of disadvantaged and marginalised groups.

“This lag of digital adoption across businesses and society is an area that we aim on tackling and against this backdrop, this theme aims to tap into the potential of today’s technology to help forge a more inclusive, resilient, and sustainable economy for the future we will live in,” Aizawa said, adding that seminars, workshops, and special events have been planned over the next few months to help one achieve both personal and career growth.

“As the very first activity after this launch, we are having the first workshop on March 6, which is a workshop on a hot topic of NFT and metaverse.”

In conjunction with the launch, which was sponsored by the Society for Worldwide Interbank Financial Telecommunication and Malaysian Research Accelerator for Technology and Innovation, a panel discussion comprising four notable speakers was held.

They are LeadWomen chair Anne Abraham, SME International Trade Association president Megane Soo, Fintech Association of Malaysia president Karen Puah and Fusang Digital Securities Exchange managing director Farah Jaafar.

Panel members spoke on the setting up of funding amounting to US$1 billion (RM4.2 billion) for women-led technology companies and helping women start-ups.

Those who are interested to join Women in Tech can become a member or visit them on LinkedIn and Instagram for more information. – The Vibes, March 5, 2022

Related News

Business / 3y

M’sia progresses to empower women, but more support needed: Women In Tech

Business / 3y

Women in Tech M’sia to host regional awards for science, tech achievements

Spotlight

Malaysia

Former head of a ministry's corporate communications unit acquitted of bribery charge

Malaysia

Two sisters die trapped in Johor house fire as escape routes cut off by flames

Malaysia

NS election speculation intensifies as Aminuddin granted audience with state ruler

Malaysia

Teenager who drove recklessly, causing death remanded for further investigation

Malaysia

Police looking for trio involved in violent armed robbery in Penang (video)

Malaysia

Family of five killed as car crashes into water pipe in Serian

Malaysia

'I was once spat on by a pakcik' — Marina denies fear of contesting Malay-majority seats

Malaysia

Jewellery shop among six premises destroyed in fire (video)

You may be interested

Business

SpaceX targets historic US$75 billion IPO in record-breaking market debut plan

Business

Time for banks to step up and do their part, stresses former finance minister

By Ian McIntyre

Business

Private capital set to power AI data centre boom as global tech capex forecast raised to US$5.3 trillion

Business

Ringgit gains as US trade policy concerns offset strong American economic data

Business

Ringgit eases against US dollar as strong American data and Gulf tensions boost greenback