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Blog Entries from March 7, 2013

Women in Silicon Valley Leading the Way

Deputy Secretary Blank speaks with female leaders at top venture capital firms in Silicon Valley

Guest blog post by Deputy Secretary of Commerce Rebecca Blank

Yesterday, I met with women who are fostering entrepreneurship and innovation in our economy through their leadership at top venture capital firms in Silicon Valley.

We discussed the need for more girls and women to be able to find opportunities in the science, technology, engineering and mathematics (STEM) fields, where women comprise less than one-fourth of the workforce. We also discussed how women are investing in and leading startups and businesses in key areas that support U.S. competitiveness, such as clean energy, healthcare, telecommunications, bioscience, and other fast-growing fields.

It's clear that women investors play a crucial role in helping ensure that the best private-sector ideas - including those coming from women entrepreneurs - get the resources they need to help build companies and create jobs.

Strengthening the role of women in business and technology is an important goal of the Obama Administration, supported by the White House Council on Women and Girls. The Commerce Department, for its part, offers post-doctoral research opportunities, scholarships, and unique experiences aimed at encouraging girls to consider fulfilling and rewarding careers in STEM fields. 

Businesses Need Common Sense Immigration Reform to Keep Growing, Creating American Jobs

Dr. Blank and members of the Silicon Valley Leadership Group (photo: Colin Buckner, Silicon Valley Leadership Group)

Guest blog post by Dr. Rebecca Blank, Deputy Secretary of Commerce

Yesterday, I was in California to talk with business executives who are part of the Silicon Valley Leadership Group. We discussed key issues facing them as they continue to grow, create jobs, and drive both innovation and competitiveness here in the U.S.

They just completed an annual survey of their own membership. The biggest business challenge that they identified was their ability to attract and retain a skilled workforce.

I let them know that President Obama understands that we are in a global competition for talent and we want the best people right here in the U.S.