Osem Nestle establishes a fund to support the residents of Sderot

To boost the city’s industry and support the younger generation, the group is setting up a fund to focus on technological education for residents, with millions of shekels allocated.
Osem Nestle Group is establishing a fund to support the residents of the city of Sderot with an amount of millions of shekels. The fund will focus on industrial technological education for Sderot residents and will operate in cooperation with the Sderot municipality, in order to develop the industry in the city and help create a better future for the younger generation.

The fund will focus on industrial technological education, which will provide Sderot residents with future opportunities to integrate into essential areas of the Israeli industry and professions in science and technology. The fund will operate in partnership with the Sderot municipality and offer scholarships to students at various universities and colleges, as well as assist in creating technological-industrial education projects in various educational institutions in the city.

According to Avi Ben Assaig, CEO of Osem Nestle Group: “Osem Nestle is an integral part of the city of Sderot and we know that we have a true commitment to the city’s residents. Osem Sderot factory has been existing for close to 45 years in the city and most of the factory workers are residents of the city and its surroundings. Our hearts are with the dear families and residents who were severely affected by the murderous terror attack on October 7th and as a result, we chose to establish the fund that will directly assist the younger generation affected by these events significantly. Establishing the fund will cultivate the younger generation in Sderot and strengthen the Israeli industry in general and the city of Sderot in particular.”

According to Alon Davidi, the mayor of Sderot: “We are grateful to the Osem Nestle Group for establishing the foundation to support the residents of the city. Osem Nestle is an integral part of the city with a vital factory that even in these difficult days continues to support and drive the Israeli economy and the region in particular. I am confident that the foundation will assist the city’s residents and further develop the technological industry that already exists here.”

(Source: JPost)