Innovative program for world-changing teens raises over $1 million CAD in student bursaries

Small Business Canada

Walmart, Amazon, Shell and RBC among list of giants empowering the next generation to drive real-world change through providing financial supports

CANADA: Toronto-based innovative education platform The Knowledge Society (TKS) has, today, announced it has raised over $1 million CAD in financial aid to empower ambitious teens to drive real change and build the future of education globally. 

This funding, which was granted by Amazon, Shell, RBC, Walmart, Desjardins and more, aims to provide opportunities for students facing financial constraints to learn and develop game changing business concepts alongside the most notable industry leaders. Financial aid will be assessed on need, with TKS offering merit-based scholarships to promising students. TKS is an innovative international education program that empowers the world’s most ambitious teens from the ages of 13-17.

Some of TKS’ most successful Canadian alumni include:

*For biographies on each of the alumni students, please see notes to Editor

The 10-month specialist course features over 500 active students across 170 cities. It provides mentorships, guest speakers, real-world projects and internships in some of the world’s largest global entities, including Apple, Microsoft, Google, SpaceX and more. TKS enables many of its young students to progress to work for some of the biggest companies in the world, whilst developing plans to eventually found their own companies. Although the program runs physically in Toronto, Ottawa and Vancouver, the pandemic has opened up more opportunities further afield, with students from other parts of Canada, the US, Brazil, Mexico, India and more. 

According to a report from The Global Entrepreneurship Monitor West Canada Youth, young Canadian people have a hugely positive attitude to starting their own business. The study found that over 70 percent of those between the ages of 18-24 saw entrepreneurship as a good career choice, with 85 percent giving it a high status as a profession. In addition to this, research from The Education Data Initiative shows that when it comes to financial aid for students, 83.8% benefit from some form of support.

Early applicants to TKS have the ability to apply for needs-based financial aid, with up to 100 percent available. The Knowledge Society, which introduces students to a wide range of contemporary topics including VR, AI, cryptocurrency and entrepreneurship, estimates that over 50 percent of its students are currently receiving financial aid to accelerate their business ideas.

 Innovative program for world-changing teens raises over $1 million CAD in student bursaries Click To Tweet

Commenting on the student bursaries, Navid Nathoo, CEO of TKS said:

“TKS is committed to ensuring every student who could impact the world with the help of TKS’ resources, no matter their financial background, is able to participate in our program. We’re grateful for the support of our many corporate partners who have helped us raise over $1m for our Financial Aid program to support low-income students from Canada and across the world to join TKS and start their journeys of solving the world’s biggest problems. These funds will be used to help some of the world’s most ambitious, innovative teens make their mark on the world through developing game changing businesses.”

About TKS

The Knowledge Society (TKS) is an innovative international education program that empowers the world’s most promising teens to make real-world change. Its unique 10-month innovation program for students aged 13-17 is aimed at helping solve some of the biggest current and future problems. The TKS mission is centered around encouraging ambitious young people to drive real change in the world. On the program, students engage with a wide range of contemporary topics including VR, AI, cryptocurrency and entrepreneurship, while being instructed and mentored by some of the world’s leading lights in their industries. TKS was founded in 2016 in Calgary, Canada as a 3-month program. Since then, it has developed into a 10-month program – first in Toronto and then in Vancouver and Ottawa. It is also available globally as a virtual online experience. TKS is headquartered in Toronto, Canada. The company employs 15 people full-time, has 500 active students representing 170 cities, and over 2,000 alumni. TKS plans to scale to over 5,000 active students in the next 3-5 years.

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