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OCIF invests in The Knowledge Society to develop the workforce of the future

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CALGARY, AB, March 6, 2024 /CNW/ – The Opportunity Calgary Investment Fund (“OCIF”) will provide up to $256,000 to The Knowledge Society (“TKS”) in the form of scholarships for 80 Calgary high school students to complete a 10-month skills accelerator program.

Through the program, students gain real-world exposure, mentorship from industry partners and hands-on opportunities to solve real problems faced by global companies. Many TKS alumni have gone on to build their own startups and work at top organizations like Stanford, MIT, Berkeley, SpaceX, Microsoft and more.

“One way we can ensure Calgary’s future workforce is diversified, agile and ready to contribute is by affording opportunities for our young people to achieve their biggest career ambitions through programs like TKS,” said Brad Parry, CEO, Opportunity Calgary Investment Fund and President and CEO, Calgary Economic Development. “This investment will have a positive long-term impact as we continue to seek an innovative and diversified economic future for Calgary.”

OCIF funding will support scholarship resources at TKS, increasing access to the program for students who face financial barriers to participating. On average, 70 per cent of TKS students receive tuition support to enroll, and TKS enrolls over 50 per cent female and over 75 per cent underrepresented students in their programs.

“Reducing financial barriers for future-focused youth learning opportunities is critical to ensuring the next generation of entrepreneurs, innovators and scientists are fully equipped to make a positive difference in our city and the world,” said Calgary Mayor Jyoti Gondek.

The program is designed to deliver exponential personal, social and professional growth for students to achieve their career ambitions – whether it’s to become an entrepreneur, work for a leading organization or create new technologies.

“We work with the most curious and driven students from over 60 countries, and it is clear there is a high concentration of curious and driven young people in Calgary. I am excited for this partnership with OCIF to invest in the city and provide the resources, program and mentorship required to help accelerate the potential of these students and achieve things far beyond what most people think is possible at this age,” said Navid Nathoo, Co-founder, The Knowledge Society.

“If we can train olympic level athletes and top musicians, then we can also train olympic level CEOs, innovators, thought leaders, researchers, you name it. TKS has been seeing these outcomes for years. I am personally looking forward to seeing TKS students make waves and represent Calgary and Canadians on a global stage,” said Nadeem Nathoo, Co-founder, The Knowledge Society.

“TKS changed my life trajectory. It made me realize that regardless of my age, I could use technology to solve some of the world’s biggest problems. Without the mindsets, network and community I gained through TKS, I wouldn’t have had the opportunity to work with the UN to implement a pilot of an innovative toilet system in Nigeria or raise $250k to prevent falls for seniors using smart clothing. Without this program, I wouldn’t be the person I am today, and I can’t thank Navid and Nadeem enough for changing my life,” said Ayaan Esmail, Co-Founder Fallyx, TKS Alumnus, 2018.

This investment will positively impact youth skill development, an enhanced workforce, talent retention and ecosystem development and engagement in Calgary. Developing and retaining a skilled talent pool is key for cities to successfully navigate national and global headwinds.

TKS Calgary is a program spanning 10 months for students aged 13-17. The program will deliver weekly sessions covering emerging technologies, real-world skills and mindset development skills. Students will be able to connect with local experts, attend events and gain internship opportunities. It is currently based out of Platform Calgary.

OCIF is a $100-million initiative launched by the City of Calgary in 2018 to make strategic investments to diversify and transform the economy. It is a critical tool to advance Calgary’s economic strategy, Calgary in the New Economy, as each investment is designed to spur a larger increase in economic activity.

To date, $82.3 million has been allocated to 27 projects, which has spurred up to $869 million dollars of investment, the creation, training and retention of ~3,300 direct and indirect jobs, supported or started nearly 630 local companies and trained over 3,700 individuals. For more information, please visit our website. 

ABOUT OPPORTUNITY CALGARY INVESTMENT FUND

Opportunity Calgary Investment Fund was created as a wholly owned subsidiary of The City of Calgary in 2018 to support catalytic investments within the city to help diversify and transform the economy. The fund is administered by Calgary Economic Development and has a volunteer Board of Directors. For more information, please visit our website.

For more information contact: 

Evynn Anderson
Coordinator, Communications
Media line: 403 880 7040
Email: media@calgaryeconomicdevelopment.com

ABOUT THE KNOWLEDGE SOCIETY

Founded in 2016, The Knowledge Society (TKS) is a 10-month accelerator program for curious and ambitious teens between the ages of 13-17. Through project-based learning and real-world skill building, TKS trains young people to solve the world’s biggest problems using emerging technologies. TKS has trained more than 2,000 students across North America in areas such as artificial intelligence, regenerative medicine, and quantum computing, among others.

For more information contact:

Ossama Ouahdi
Head of Growth
Phone: 1 855-244-7866
Email: ossama@tks.world

SOURCE Opportunity Calgary Investment Fund

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Crab2B Makes AsiaWorld-Expo Debut, Connecting Hong Kong’s Mobile Wholesalers with Global Buyers

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HONG KONG, Oct. 18, 2026 /PRNewswire/ — Crab2B, a pioneering B2B trading platform dedicated to mobile devices and digital products, will make its debut at the HKICEC Global Mobile Exchange Pavilion during the Global Sources Hong Kong Shows, opening at AsiaWorld-Expo on October 18, 2026.

Hong Kong has long been a major hub for electronics wholesale trade, but buyers still often rely on fragmented channels to identify suppliers. Crab2B was created to bridge this gap, bringing Hong Kong-based mobile and digital product wholesalers together on one dedicated B2B platform. Headquartered in Hong Kong, Crab2B combines the manufacturing strength of mainland China and the Greater Bay Area’s extensive supply chain capabilities with Hong Kong’s established global trading network. Together, these strengths enable Crab2B to simplify cross-border sourcing, connect buyers directly with suppliers and make international trade more accessible and efficient.

For its first appearance at a major industry trade show, Crab2B is bringing together more than 200 merchants already registered on the platform, marking a significant milestone in its development. The Crab2B booth is expected to attract electronics traders from Southeast Asia, Europe, the Middle East and beyond. Visitors will be able to discover the app’s capabilities through live demonstrations, register on the platform and connect directly with participating merchants to explore business opportunities.

A buyer who experienced the Crab2B app shared: “With Crab2B, we no longer have to search far and wide for reliable suppliers. The platform brings Hong Kong’s mobile phone wholesalers together in one place, giving us greater visibility into available products and sourcing opportunities. Whether I’m at my desk or on the move, I can find products and connect with suppliers whenever I need to. For businesses like ours that source across borders, that kind of access makes a real difference. It saves time, reduces transaction costs and helps us do business more efficiently.”

Crab2B CEO Luo Yaohong said, “We want to be pioneers in cross-border B2B trading for digital products, creating new opportunities for Hong Kong’s wholesale industry. As Hong Kong places greater emphasis on developing digital trade, we’re addressing a longstanding gap in the market with a dedicated digital platform that connects Hong Kong’s electronics suppliers directly with buyers around the world. Our ambition is to make cross-border trading easier, faster and more accessible, while helping Hong Kong businesses reach new markets.”

The platform’s trade show debut is also attracting attention from international merchants, with exhibitors expressing interest in joining Crab2B to expand their reach into overseas markets. Meanwhile, merchants already registered on the platform are looking forward to the launch of its planned online marketplace, which will create further opportunities for sustained collaboration and business growth.

Building on this debut, Crab2B will remain firmly rooted in Hong Kong while expanding its connections with businesses around the world. The company will continue to enhance its platform with smarter sourcing tools, more comprehensive trading capabilities and an increasingly connected network of suppliers and buyers. By making it easier to discover products, establish business relationships and conduct cross-border transactions, Crab2B aims to open new opportunities for merchants of all sizes and help shape the next chapter of Hong Kong’s digital trade industry.

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SOURCE Crab2B

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Canton Fair Buyers Alliance Launched as the 140th Edition Opens

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GUANGZHOU, China, Oct. 17, 2026 /PRNewswire/ — On October 15, the Canton Fair Buyers Alliance was officially launched at the Canton Fair Complex, marking a significant milestone as the fair celebrates the 70th anniversary of its founding.

More than 140 overseas buyers attended the launch ceremony, highlighting the fair’s enduring role as a bridge connecting global commerce with China’s export sector.

Speaking at the ceremony, Luís Vilariça, CEO of Joinco, Import & Export, Ltd., discussed his company’s long-standing relationship with the Canton Fair. Drawing on years of participation, he reflected on the growth opportunities created through cooperation with Chinese suppliers and highlighted the fair’s role in supporting international business development and global trade exchanges.

The ceremony also featured a joint declaration by alliance members. Representatives from five member companies read the statement in their respective native languages, underscoring the international character of the new organization. Additional members sent video congratulatory messages, joining the celebration and witnessing the official launch of the alliance.

The Canton Fair Buyers Alliance represents one of the fair’s key service innovations. Designed primarily for Fortune Global 500 companies, buyers from the world’s top 250 retailers and leading sourcing enterprises across a diverse range of markets, the alliance aims to offer members a platform for information sharing and resource coordination. The first cohort of alliance members includes 58 companies from 32 countries and regions across 5 continents. Through the alliance, members will gain access to a range of priority benefits spanning four major areas: services, events, resources and information.

 For more convenient attendance, please click here for pre-registration:

https://buyer.cantonfair.org.cn/register/buyer/email?source_type=16

View original content to download multimedia:https://www.prnewswire.com/news-releases/canton-fair-buyers-alliance-launched-as-the-140th-edition-opens-302911896.html

SOURCE Canton Fair

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Bioethanol from human hair – Indian start-up’s solution to rising prices of grains and sugar

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GUJARAT, India, Oct. 17, 2026 /PRNewswire/ — In what could be called the beginning of the 5G (fifth-generation) of bioethanol or non-cellulosic bioethanol or non-sugar-based biofuels, an Indian start-up, Techofest Global, based out of Gujarat, has developed its own, indigenous, and patented technology for the production of bioethanol from waste human hair. Such processes would significantly reduce the employment of sugars, grains, and agricultural residues, which form the classical first- and second-generation bioethanol feedstocks. As a result, the rising fuel-vs.-food/fodder debate is anticipated to reduce, and instead, ethanol produced from municipal/industrial waste, after trials, can supplement the current supply being used as blends with presently retailed fossil fuels (E20, E27, etc.). 

As stated by Dr. Ravi, the founder-CEO of Techofest Global, the strategic priority and the USP of the start-up is industrial symbiosis, which, typically, involves an ecosystem of up-cycling/valorising the effluents of an industry, thereby creating a value-chain for residues often lacking an end-of-life. With more than three decades of experience in designing customized nuclear fusion reactors for international programmes, such as ITER, JET/UKAEA and SST-1, Dr. Ravi, a seasoned mechanical engineer, spearheads the start-up’s patented technologies’ scale-up and commercialization.

Two biochemical engineers, Dr. Navnit – the former CTO, and Dr. Kabilan – the former CEO of Biomakerz, Chennai, are the brains behind the current technology/process portfolio of the joint-venture between Techofest Global and Biomakerz. They have been working on biorefineries’ process intensification for more than a decade. “Having foreseen the fuel-vs-fodder/food competition as early as the year 2015, we began developing techno-economically feasible and viable in-vitro metabolically-engineered bioprocesses for scaling-up ethanol production from municipal waste streams between 2019–2021”, says Navnit. After developing operational technologies for international biofuel organizations, serving process engineer roles with certain biorefineries-related OMC R&D’s of India, Dr. Navnit, presently works for a premier academic institution.

An on-going fermentation trial at the Techofest Global-Biomakerz JV’s R&D facility

Techofest Global has developed and tested, in its R&D JV’s pilot-facility of ~100-L, 3 innovative and cost-effective technologies, such as 5G ethanol production using human hair, used cooking oil (UCO), and enriched bio-methane production from disposed sanitary napkins.

“With massive CapEx and OpEx, 2G ethanol technology is facing a major commercialization bottleneck, owing to competition with food/livestock fodder, requirement of a cost-intensive pre-treatment procedure, and the requirement of cellulolytic cocktails, which have a poor recycle efficiency. The proprietary 5G SAFE process developed for the start-up circumvents the mentioned constraints, and instead, utilizes a single-stage saccharification followed by fermentation, and records over 85–90% biocatalyst recovery. Likewise, the proprietary SIM process for bio-methane production, exclusively developed for the start-up, is 2x faster with improved intermittent feeding cycles and continuous gas harvest”, says Navnit.

“With on-going pre-commercialization trials, the proprietary ethanol and bio-methane processes of ours are soon being commercialized”, says Ms. Bhumika, the co-founder and the corporate advisor of the start-up. Furthermore, Mr. Ronak pilots the organization’s global market entry and commercialization frontier.

Techofest Global’s veteran Principal Technology Advisors include: Dr VS Tripathi, former Joint Director, DRDE Gwalior, Dr B S Munjal, former Director, Structures and Thermal group, SAC/ISRO, Academician and Advisor CIKS-Dharohar, GTU, and Dr AV Santhanababu, former Scientist at Satish Dhawan Space Centre. With on-going R&D activities, Dr. Munjal says, “the start-up is striving to provide a unique solution along the lines of the Atmanirbhar and Viksit Bharat Vision 2047”.

Media Contact: www.techofestglobal.com; e-mail: info@techofestglobal.com; contact person: The PR team of Techofest Global.

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