CEO Message

March is Women’s History Month, an annual celebration of the vital role and contributions of women to society. Profound Impact is proud to celebrate women through the stories you’ll read in this month’s issue of Profound Connections, as well as activities we’re sponsoring throughout the month.

This month’s Impact Story profiles Zainab Azim, a young woman whose passion for space, education, neuroscience and public policy has inspired her to found an organization that works towards providing access to quality education, serve as a mentor in the United Nations Office for Outer Space Affairs Space4Women program and present her research to audiences around the world – all before completing her undergraduate degree!  Read about Zainab and her plans for expanding her work in mentoring and in the policy space to empower young girls and women interested in pursuing space and STEM fields.

In this month’s Researcher Spotlight we feature Julita Vassileva, Professor of Computer Science at the University of Saskatchewan. You’ll learn about Julita’s passion for promoting the status of women in computer science and in all areas of science and engineering where women are underrepresented. You can also learn about her ground-breaking research on applying AI to solve educational and social problems.

International Women’s Day (IWD) is celebrated on March 8 each year and the theme for IWD 2024 is Inspire Inclusion. Profound Impact is proud to be a sponsor of IWD 2024 events presented by WCT-WR, the Waterloo Region Chapter of Women in Communications and Technology. WCT-WR will host two live events on March 8 and March 27 that will include conversations featuring trailblazing professionals in the arts and culture sector, entertainment, and musical interludes.  Full information about those events and registration information is available here.

In last month’s newsletter, we announced the launch of Women Funding Women (WFW).  Founded by myself, Profound Impact board chair Deborah Rosati and Lara Zink, VP of Client Service and Development at Delaney Capital Management, WFW is a collective working to address the funding gap faced by women-led ventures.

We’re excited about the incredible energy generated by WFW’s two-day launch event on February 7 and 8. Our keynote speaker was Joanna Griffiths, founder and President at Knix, who shared her story with our collective.  

You can also tune into the From Fear to Fire podcast, where I speak with Heather Hansen O’Neill about how WFW is leading the charge to challenge established norms within the venture capital sphere, redefining the landscape for women founders and funders.

Are you a researcher looking for the perfect funding match? For a limited time, Profound Impact is offering a free evaluation of our AI-powered tool, Research Impact, to individual researchers, colleges and universities. You can view a video here or sign up for a live demonstration during one of our Demo Days.

Thank you for your support and we hope that you enjoy this month’s edition of Profound Connections!

Sherry Shannon-Vanstone

Lara Zink

Lara Zink
Co-Founder, Women Funding Women

It was serendipity that brought Lara Zink from Vancouver to the University of Western Ontario (now Western University) and the keen interest she developed in politics in grades 11 and 12 led her to study political science. “I visited a great aunt in London while in high school and thought the Western campus was amazing,” says Lara. 

Lara’s journey, from graduating with an Honours BA degree in political science to working as part of the federal government team that negotiated the NAFTA agreement to a long and successful career in finance, was a non-traditional one. Her experience makes her a role model dedicated to helping women overcome barriers to entry and to ensure that leadership, representation, and gender equity exist within the finance industry.  

Lara’s degree in political science and experience working with the Young Conservatives as a teenager led to a role as political assistant to federal Member of Parliament Michael Wilson, then Minister of International Trade and Industry Canada. “I loved my two years working in Ottawa,” says Lara. “I was able to speak with members of Parliament and their staff about the benefits of NAFTA to Canada and traveled to Washington for the final stages of negotiation of the agreement.”

After two years on Parliament Hill, Lara wrote the GMAT exam and applied to business schools, including the Rotman School of Management at the University of Toronto where she ultimately earned her MBA. Although she had hoped to return to Vancouver after graduation, job opportunities were more plentiful in Toronto. After considering options in marketing and private wealth, Lara chose to enter a corporate lending training program with RBC in Toronto. She started in business banking and moved to another lending group in RBC’s financial institutions group before embarking on a 20-year career in global equity sales and trading on the trading floor at RBC Capital Markets.

When she left RBC in 2019, Lara paused and considered her next career move. “While exploring job opportunities during the pandemic lockdown, I threw my name in the hat for the position of President and Chief Executive Officer of Women in Capital Markets,” says Lara. She joined WCM, the largest network of women in finance whose mission is to accelerate equity, diversity and inclusion in finance, in 2021. Lara led WCM in developing programs to unite the finance industry in supporting EDI in capital markets and delivering research, programming and strategic value to the organization’s sponsors, members and stakeholders. 

Lara left WCM in September of 2023 to join a woman-led asset management company, Delaney Capital Management, where she currently serves as Vice President of Client Service and Development.

Lara’s commitment to embracing equity and helping women succeed, both in the finance sector and as company founders, is reflected in her role as a member of the board of Canadian Women’s Network, where she will work to help Canadian female founders grow and secure funding. She recently joined Sherry Shannon-Vanstone and Deborah Rosati to create Women Funding Women (WFW), a collective aimed at addressing the persistent funding gap faced by women founders in North America. 

WFW, which will launch on February 7 in Toronto, brings together organizations and resources committed to empowering women, offering gender equality, and catalyzing economic growth by increasing access to seed funding for women-led ventures. Lara’s vast experience in capital markets and her passion for driving change and ensuring women’s success is key to the work that WFW will do to increase access to funding for women founders. 

Lara’s professional success in the finance sector, her belief that strategy and culture differentiate organizations, and her work as a leader and mentor for women – as entrepreneurs, funders and investors – have made her an influential champion for equity, diversity and inclusion, and a powerful initiator of change for women’s access to venture funding.

Do you have an impact story to share? Let us know at connections@profoundimpact.com for a chance to be featured in an upcoming newsletter!