12 investment funds commit to more inclusive Tech with #TechYourPlace











Photo credit © ChaunuPictures


(Boursier.com) — On the occasion of a major meeting of the Tech ecosystem at the Ministry of Economy, Finance and Industrial and Digital Sovereignty, in the presence of Jean-Noël Barrot, Minister Delegate in charge of of the Digital Transition and Telecommunications and Clara Chappaz, Director of the French Tech mission, Alter Equity, Daphni, Educapital, Eurazeo, Isai, Parquest, Raise, Ring Capital, Sagard, Serena, 360 Capital and Galion.exe have committed themselves with ‘Tech Your Place’ and called on other investment funds to join the movement for more inclusive Tech.

Co-founded by the Diversidays association and the Mozaïk Foundation in 2020, Tech Your Place is the 1st movement in France supported by investment funds and startups that supports Tech players in terms of inclusion and diversity.

While the Tech ecosystem is growing (+7.4% expected for 2022 – source), it is currently struggling to recruit. However, the diversification of talent in the Tech ecosystem today represents both a societal issue and an economic performance issue…

By joining the Tech Your Place movement, the Funds commit to:
1. Systematically include an “inclusion and diversity – equal opportunities” clause in investment pacts, including in particular the implementation of an inclusion and diversity policy within the companies financed.
2. Publicly promote the Tech Your Place movement, particularly within the private equity fund ecosystem.
3. Invite companies in their portfolio to join the Tech Your Place movement.
4. Define and implement an inclusion and diversity policy in their own organization.
5. Measure the efficiency of this policy with relevant quantified indicators and appropriate tools.
6. Publish their inclusion and diversity policy and its annual results on their website.
7. Train 100% of their managers on the issues of inclusion and diversity.
8. Appoint at least one inclusion and diversity referent within their organization.
9. Recruit by systematically going through various sourcing channels oriented “inclusion and diversity” (eg Diversifievostalents.com)
10. Participate in 2 annual meetings to share their experience and develop practices in the ecosystem globally.

For Christophe Poupinel, General Partner at Isai:
“The jobs of tomorrow can only be reserved for a single part of the population. Making the ecosystem more inclusive is not only a social issue but also a growth issue. Our role as a shareholder goes far beyond financial support , and it is our responsibility to provide our portfolio companies with the tools and active operational support to make diversity a reality within their teams.”


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