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Blog Category: White House Council on Women and Girls

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. 

Acting Deputy Secretary Rebecca Blank Discusses New Women in America Report at Center for American Progress

Acting Deputy Commerce Secretary Rebecca Blank Speaking at the Center for American Progress on White House "Women in America" Report

Acting Deputy Secretary Rebecca Blank joined Tina Tchen, executive director of the White House Council on Women and Girls; Preeta Bansal, senior policy advisor and general counsel of the Office of Management and Budget; and a panel of experts at the Center for American Progress today to discuss the findings of a new White House report, “Women in America: Indicators of Social and Economic Well-Being.” The discussion focused on women’s present role in families, education, employment, health, and crime in American Society.

In support of the Council on Women and Girls, the Office of Management and Budget and the Commerce Department’s Economics and Statistics Administration worked together to create the report, which was released on the first day of Women’s History Month. 

Among the report’s key findings (PDF):

Efforts to Support American Women Highlighted in Commerce and White House Reports

Sec. Locke Meets with Economic Team This week the National Economic Council released a report on the impact of the recession on women and how the Obama administration’s economic policies benefit American women. Some of these policies include a tax credit for college for working families, expanded and increased student aid, and more manageable loan repayment so women can get the education they need to succeed. The report lays out the economic landscape facing women today and details some of the many ways the administration is committed to making sure the government is working for all Americans, especially American women.

The Commerce Department’s Economics and Statistics Administration (ESA) further explored the state of American women and Women-Owned Businesses in the 21st Century in a report issued earlier this month for the White House Council on Women and Girls.  According to the report, women-owned businesses are steadily expanding and account for $1.2 trillion in economic output. Yet they continue to lag behind other companies in several key indicators.

To help reverse this trend, the Obama administration has invested in women’s education and expanded the capital available for women to start a business. The White House has already given out more than 12,000 Small Business Administration Recovery Act loans totaling more than $3 billion to women-owned small businesses.

Learn more about what the administration is doing on behalf of women and the economy and women-owned businesses, or read the reports.