Rothschild Foundation Offers Up to NIS 500,000 for AI Projects Reducing Social Gaps
Translated & summarized from Ice by baba
The Edmond de Rothschild Foundation is offering grants of up to NIS 500,000 for AI projects aimed at reducing social and geographical disparities in Israel. The initiative seeks to improve access to higher education, prevent dropout, and enhance employment opportunities, particularly for those from peripheral areas. Selected projects will also receive professional mentorship, with the foundation aiming to accelerate the adoption of AI solutions in higher education.
The story in 5 lines · by baba
- The Edmond de Rothschild Foundation is offering up to NIS 500,000 for AI projects to reduce social gaps in Israel.
- The initiative targets academic institutions, entrepreneurs, tech companies, and organizations.
- Projects will focus on improving higher education access, retention, and employment for disadvantaged groups.
- Selected projects will also receive professional mentorship valued at up to NIS 60,000.
- The foundation aims to leverage AI to bridge educational and employment disparities.
The Edmond de Rothschild Foundation has launched a call for proposals aimed at leveraging artificial intelligence (AI) to address national challenges, particularly reducing social and geographical disparities in Israel. The foundation is seeking proposals from academic institutions, entrepreneurs, tech companies, and social and business organizations to develop and implement AI-based solutions.
The initiative offers grants of up to NIS 500,000 to a maximum of five AI-driven projects that demonstrate feasibility and measurable impact. These projects should focus on improving access to higher education, preventing student dropout, enhancing academic success, and facilitating connections to suitable employment, with a special emphasis on individuals from peripheral areas.
In addition to the financial grant, selected projects will receive professional guidance valued at up to NIS 60,000. This program presents an opportunity for AI innovators to validate their technological models within the Israeli context, expand their reach within higher education, and create measurable social and technological impact. It may also assist higher education institutions in adopting AI tools to support student success.
Eli Buch, the foundation's Director of Philanthropy, stated that the foundation aims to accelerate the adoption of deep, measurable solutions within Israel's higher education system. He noted that AI tools can significantly reduce entry barriers, provide active support in admissions, identify at-risk students early, offer real-time mentoring, bridge knowledge gaps, and connect students to the job market more effectively than ever before, especially for students serving in reserves and war survivors.
She encouraged Israeli academic institutions and tech entrepreneurs to develop and implement AI solutions comparable to those already successful globally.