1st Women in STEM Cyprus Forum begins the conversation for transformative change

The inaugural Women in STEM Cyprus Forum, held on 8 October at the Kolla Cultural Factory in Limassol, delivered a powerful message about the urgent need for systemic changes in the STEM (Science, Technology, Engineering, and Mathematics) fields.

Taking place on Ada Lovelace Day and under the auspices of His Excellency the President of the Republic of Cyprus, Mr. Nikos Christodoulides, the event gathered thought leaders from across sectors to discuss improvements and actions to increase female participation in STEM.

Co-organized by Women in Tech® Cyprus and TechIsland®, the forum brought together an audience of students, professionals, entrepreneurs, and policymakers. With a lineup of influential speakers, including Gender Equality Commissioner Josie Christodoulou, MP Savvia Orphanidou, Cypriot entrepreneur Tasoula Hadjitofi and many more.

The Forum’s message was clear: gender diversity must be viewed as more than a social goal—it is a business imperative. Speakers emphasized that increasing female representation in decision-making positions is not just about closing gaps but also about driving innovation, boosting performance, and ensuring long-term profitability. The discussions highlighted that companies and governments need to recognize diversity as a key enabler of success in the tech sector.

A significant emphasis was placed on reshaping the narrative around STEM to attract more women, starting from a young age. Participants called for educational initiatives that provide early exposure to STEM fields and integrate the development of essential soft skills, which are critical for long-term success. The forum advocated for a cultural shift that encourages young girls to envision themselves in STEM careers and challenges the perception that these fields are exclusive or male-dominated.

Mentorship emerged as a central theme, identified as crucial for breaking down career barriers. The forum’s participants underscored the need for structured programs that link women to mentors and role models who can guide their professional journeys and help navigate industry challenges. This approach could facilitate career growth and foster resilience in the face of gender-specific obstacles. Networking was also highlighted as a pivotal factor, with attendees urging companies to create platforms that connect women with leaders in the field and cultivate a supportive community.

However, the discussion did not stop at professional development; it extended to the critical issue of retention, and the need for progressive policies both governmental as well as corporate. Flexible work arrangements, extended maternity and paternity leave, remote working, and family-friendly workplace policies such as on-site childcare and dignified breastfeeding spaces were identified as essential measures. Such policies were seen not merely as benefits, but as necessary investments that could improve retention rates and support the integration of women into the tech workforce over the long term. The forum made it clear that supporting work-life balance is not just an employee-friendly practice; it is a business strategy that enhances productivity and attracts and retains top talent.

The forum also highlighted the challenges faced by female-led startups, especially in accessing capital. Discussions brought attention to the need for increased investment in women entrepreneurs and greater diversity in funding ecosystems. Speakers pointed out that female founders, particularly in early-stage companies, often struggle to secure the necessary financial support to scale their businesses, an issue that perpetuates gender disparity in entrepreneurship. There was a call for targeted initiatives to close the funding gap, alongside training programs that equip women with the skills needed for successful fundraising, such as sales techniques, negotiation strategies, and consumer empathy.

Another critical area addressed was the need to diversify corporate boards. Participants set an ambitious target for achieving 30-40% female representation on boards, arguing that gender-balanced leadership is crucial for comprehensive decision-making and innovative business strategies. Investors were encouraged to play a proactive role by prioritizing female-led initiatives and supporting diversity as a pillar of corporate governance.

A recurring call to action was the need for women to challenge established norms and ask "why" when facing traditional barriers or outdated practices. This drive to question the status quo was celebrated as a catalyst for transformative change, with young leaders encouraged to voice their ideas and pursue leadership roles boldly.

The first Women in STEM Cyprus Forum was not only a gathering of advocates and experts but a launchpad for meaningful change. Its success underscores the ongoing need for collaborative efforts between industry, government, and academia to create a tech ecosystem where women are not only participants but leaders shaping the future.

The recordings of the panels and speeches of the Forum are currently available here: https://youtube.com/playlist?list=PLbC6u7KEPVGZcV_J1H_fY63n5ulZwEM_M&si=3LAlWswJjOF8HGGR

The Women in STEM Cyprus Forum was made possible thanks to:

General Sponsor: Exness

Gold Sponsor: MUFG Investor Services

Silver Sponsor: Adsterra

Bronze Sponsor: Tribe, Selzy, Energame

Sponsor: Alphamega

Academic Partner: CIM - The Cyprus Business School

Coffee Partner: Gloria Jeans Coffee Cyprus

Beverages Partner: KEAN Soft Drinks

Ecosystem Partners: CYENS, Cyprus Computer Society (CCS), BPW Cyprus, Young BPW Cyprus

Community Partner: Founders CY, Cyprus_iT, Girls in STEAM Academy, Breaking the 20%, Unity Growth, Women in Business and Beyond Conference, Startup Grind Cyprus