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News Briefs

  Nissan 3, 5777 , 30/03/17

Kibbutzim invest 80 million shekels in hi-tech

20 kibbutzim have entered partnerships as investors in start-ups with a direct investment of NIS 80 million, matched by a similar sum from foreign investors. The investments were made through  fund established by the Kibbutz Movement and the Kibbutz Industries Association in order to encourage the entry of kibbutzim and hi-tech enterprises as a means of growth.

Next Monday, a meeting will be held to create additional investments by kibbutzim in high-tech. Representatives of the kibbutzim and factories will present a series of entrepreneurs from a range of fields, including the smart home, health food, personal protection, online advertising and agriculture.

Other archived news briefs:Mar 30 2017, 11:14 AM, 3/30/2017