Google will invest $25 million over the next five years to diversify Israel’s tech workforce


Ruth Porat, chief financial officer of Alphabet and Google, announced on Sunday that Google is funding a five-year, $25 million training initiative to increase opportunities in Israel’s high-tech sector for underrepresented groups, including women, Arab citizens, ultra-Orthodox Jews and residents of the geographical periphery. Google will also announce an initiative for the Palestinian tech sector later this week.

Porat arrived in Israel on Saturday evening and will meet with Israeli and Palestinian entrepreneurs and business leaders, policy makers and Google employees during her visit. Along with U.S. Ambassador to Israel Thomas R. Nides, she met today with Arab women and entrepreneurs, engineers and investors to hear about the challenges they faced integrating into the world. Israel’s high-tech industry.

Barak Regev (from right), Ruth Porat, US Ambassador to Israel Thomas Nides and Yossi Matias. Photo: Tomer Poltin

Google’s latest initiative builds on its existing programs and partnerships that equip underrepresented groups with the skills and tools to succeed in technology. This includes Adva, a two-year computer training program for ultra-Orthodox seminary girls that is run in partnership with Scale-Up Velocity, as well as a program starting this month to onboard final-year Arab students. engineering in high technology in collaboration with Tsofen. In 2021, Google trained more than 30,000 people from diverse backgrounds across Israel in digital skills.

Porat joined Google as Senior Vice President and Chief Financial Officer in May 2015 and has also held the same position at Alphabet since its inception in October 2015. She is responsible for finance, business operations, and real estate and labor services. Prior to joining Google, Porat was Executive Vice President and Chief Financial Officer of Morgan Stanley and held roles there including Vice President of Investment Banking, Co-Head of Technology Investment Banking and Global Group Head. financial institutions. Ruth is a member of the board of directors of Blackstone Inc., the Stanford Management Company and the Council on Foreign Relations, as well as the board of directors of Memorial Sloan Kettering Cancer Center. Previously, she spent ten years on the board of trustees at Stanford University. Ruth holds a BA from Stanford University, an MSc from the London School of Economics and an MBA from the Wharton School.

“At Google, we believe that to have sustainable economic growth, you have to have inclusive growth,” said Ruth Porat, Alphabet and Google CFO. “By providing members of underrepresented groups a pathway to technology, we hope to help create a more diverse workforce and increase opportunities for a broader group of people. We look forward to deepening our engagement with Israel as we work to support the government’s continued efforts in this area.

“My first meeting as Ambassador was with Arab business leaders in Israel to talk about increased access to greater economic opportunities, and Google’s announcement today is an important practical step towards that. goal,” said US Ambassador to Israel Thomas Nides.

“In Israel, we aspire to reach one million Israelis working in high technology. This is our comparative advantage. This is our way of ensuring that Israel will be an innovative and advanced country with a high standard and quality of life,” Foreign Minister Yair Lapid said. “The way to do that is to bring additional and diverse populations into the field: something that will also help the high-tech industry itself. This is a national mission that cannot succeed without the collaboration of major employers in the field. Israel is well placed and has the potential to be one of the ten best performing countries in the world, and this will come about through initiatives of the type that Google is announcing today.


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