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ScienceWerx Launches MENA Chapter Headquarters in Saudi Arabia, with $100 Million EverGreen Pre-Seed Fund to Transform Regional IP Commercialization in the MENA region

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Targeting high-growth sectors such as AI, healthtech, and deep-tech

FREDERICK, Md.  , Nov. 7, 2024 /PRNewswire-PRWeb/ — ScienceWerx has just marked a global milestone with the successful conclusion of launching MENA Chapter Headquarters with a $100 Million EverGreen Pre-Seed Fund in Riyadh, Saudi Arabia. The EverGreen fund will transform the region’s research capabilities into market successes, targeting high-growth sectors such as AI, healthtech, and deep-tech—all aligned with Saudi Arabia’s strategic ambitions.

Saudi Arabia’s innovation ecosystem holds immense value, yet much of it remains untapped in labs. The EverGreen fund will provide the support and infrastructure to propel these innovations to market.” – Dr. Khalid Saqr, ScienceWerx Board Advisor

In KSA and the GCC region, the opportunities in AI, biotech, and deep-tech are substantial but underutilized. Despite Saudi Arabia’s $5.1 billion annual R&D investment, a mere 5-7% ROI points to a gap between potential and performance. Dr. Khalid Saqr, ScienceWerx Board Advisor and MENA Chapter chairperson emphasizes, “Saudi Arabia’s innovation ecosystem holds immense value, yet much of it remains untapped in labs. The EverGreen fund will provide the support and infrastructure to propel these innovations to market.”

EverGreen’s value goes beyond capital infusion. Patrick Haley, ScienceWerx (USA) co-founder and chairman, notes, “The fund creates an ecosystem, bridging MENA’s $43 billion IP gap through partnerships, tech transfer offices, and incubation resources that speed up ambitious projects.” Bassem Kadry, co-founder and Chief Innovation Officer, adds, “Saudi Arabia has the resources to lead MENA’s knowledge economy, but critical infrastructure is needed. EverGreen brings that missing piece.” Moreover, Lewa Abu Khait, Regional Partner in KSA, describes the fund as a unique leap forward. “It’s a catalyst for Saudi innovators, transforming local R&D into globally competitive businesses.”

The EverGreen Pre-Seed Fund opens a new era in MENA’s IP commercialization, inviting Saudi innovators and investors to shape the future of the region’s knowledge economy.

About ScienceWerx

ScienceWerx is a 501c(3) non-profit organization, based in Frederick, Maryland, USA, dedicated to accelerating the commercialization of technologies. The organization has developed a robust ecosystem addressing the challenges of bringing products to market, providing access to capital collaborating with technology engaging with utilizing., accessing a vast incubator system, and access to facilities designed for optimal commercialization.

Media Contact

Dr. Khalid Saqr, ScienceWerx, Inc, 240-874-9379 x900915, khalid.saqr@sciencewerx.org

View original content:https://www.prweb.com/releases/sciencewerx-launches-mena-chapter-headquarters-in-saudi-arabia-with-100-million-evergreen-pre-seed-fund-to-transform-regional-ip-commercialization-in-the-mena-region-302298358.html

SOURCE ScienceWerx, Inc

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10X Wealth Conference, Hosted by Grant Cardone, Announces Impressive and Unparalleled Speaker Line Up

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Featuring globally recognized financially enterprising guest speakers: Mayor of Miami, Francis Suarez; Fox Business’ Charlie Gasparino; Najarian Brothers; Gary Cohn, Vice Chair of IBM; David Weild, Former Vice Chairman NASDAQ. For Tickets and Details: https://10xwealthcon.com/

AVENTURA, Fla., Nov. 7, 2024 /PRNewswire-PRWeb/ — Mark your calendars for an important business and finance event, the inaugural 10X Wealth Conference is set to take place November 17-18 in Aventura, Florida. Hosted by acclaimed entrepreneur and finance guru Grant Cardone, this premier event is designed to unlock the wealth-building secrets of the world’s financial elite and offer them to aspiring investors and entrepreneurs.

“At the 10X Wealth Conference, we’re not just discussing wealth-building; we’re reshaping the limits of what’s achievable,” says Grant Cardone. “This is your opportunity to learn from industry leaders, empowering you to enhance your life and elevate your financial future by 10X.”

The 2-day groundbreaking event promises to be a transformative experience, designed to equip everyday investors with the strategies that have powered the successes of the top 0.01%. Participants will explore a broad range of investment opportunities, from real estate and private equity to stock markets and tax strategies, all aimed at maximizing wealth creation and risk management.

This groundbreaking conference features a speaker line-up that includes World-class experts, top professionals, thought leaders and strategists actively engaged in the wealth and finance industry.

Grant Cardone – Visionary host, real estate fund manager with $4.8 billion AUM, CEO of Cardone Training Technologies, Cardone Capital and creator of the 10X Global Movement.Charlie Gasparino – Senior correspondent for FOX Business Network and best-selling author.Francis Suarez – 43rd Mayor of Miami, Former Presidential CandidateAdam Kobeissi – Founder and CEO of The Kobeissi Letter, economics expert frequently featured in major media.Pete Najarian – Noted options trader and co-founder of Market Rebellion.Jon Najarian – Options trading pioneer, co-founder of Market Rebellion.Gary Cohn – Vice Chairman of IBM and former Goldman Sachs President & COO.Anthony Pompliano – Entrepreneur, investor and Founder & CEO of Professional Capital ManagementDavid Weild IV – Former Vice Chairman NASDAQ, Former President of Prudential SecuritiesBob Duggan – CEO Summit Therapeutics, exited Pharmacyclics for $22BDon Peebles – Found of Peebles Corp, Legendary RE Developer with $10B in PipelineBill Pulte – Founder of Pulte CapitalEddie Valentino – Former Global Head of Finance, KKRBrandon Dawson – Co-Founder Cardone Ventures. SMB Private Equity PioneerKarlton Dennis – Leading tax strategist and founder of Tax Alchemy.Mitchell K. Smith – Managing Principal, Vanbridge. Life Insurance ExpertJeff Rojek – Lead Partner North America Private Equity, KPMG

“At the 10X Wealth Conference, we’re not just discussing wealth-building; we’re reshaping the limits of what’s achievable,” says Grant Cardone. “This is your opportunity to learn from industry leaders, empowering you to enhance your life and elevate your financial future by 10X.”

Conference attendees can expect to:

Master Wealth Creation Vehicles: Deepen knowledge of real estate, private equity, stock markets, Life Insurance, Trust, and Tax Mitigation..Learn from World-Class Experts: Hear from Titans of Wall Street at the leading edge of financial strategy.Understand the Pros and Cons: Critically explore the different asset classes that have historically driven significant returns and minimized risks.Implement Top Strategies: Walk away with actionable insights on how to grow and preserve wealth.

With event tickets rapidly selling out, attendees are encouraged to secure their opportunity to participate in this exclusive wealth-building initiative by visiting https://10xwealthcon.com/

About Grant Cardone:
Grant Cardone owns and operates Cardone Capital, a private equity real estate firm with a $4.8 billion multifamily portfolio, and runs over seven other companies. He’s a top crowdfunder, raising over $1.5 billion via social media. Featured on Season 2 of Discovery’s Undercover Billionaire, Grant built a million-dollar business in 90 days. He’s a New York Times bestselling author of 11 books, including The 10X Rule, which sparked the 10X Global Movement and the 10X Growth Conference, the world’s largest business conference. An international influencer and the top sales trainer globally, Grant speaks on leadership, real estate, and finance. He’s a frequent guest on major news networks and a contributor to leading business publications. Learn more at https://www.grantcardone.com

About Cardone Training Technologies Inc.:
Cardone Training Technologies Inc. (CTTI) stands as a global leader in sales training and business consulting. Founded by internationally renowned businessman, real estate investor, private equity fund manager, and New York Times bestselling author Grant Cardone, CTTI’s mission is to transform potential into performance. We equip professionals with the skills and strategies needed to thrive in today’s competitive marketplace, proudly serving a diverse client base ranging from small businesses to Fortune 500 companies.

For over 35 years, Grant Cardone and CTTI have been trusted providers of comprehensive business training and consulting. Our extensive offerings include online courses, live workshops, on-demand content, and personalized coaching, all meticulously designed to cater to the evolving needs of modern organizations. From new-hire training that accelerates onboarding to continuous education certifications as your company and sales team grow, we provide unmatched online sales training. With more than 8,000 fully interactive video segments and 24/7 access and support, CTTI enables companies and individuals to leverage the unparalleled expertise of Grant Cardone and Cardone Training Technologies Inc. to achieve exceptional business success. For more information, visit https://www.cardonetraining.com or follow us on social media.

Media Contact

Public Relations, Cardone Training Technologies, Inc., 310-777-0255, pr@grantcardone.com, https://www.cardonetraining.com 

View original content to download multimedia:https://www.prweb.com/releases/10x-wealth-conference-hosted-by-grant-cardone-announces-impressive-and-unparalleled-speaker-line-up-302296720.html

SOURCE Cardone Training Technologies, Inc.

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CasinoRIX Research Highlights 2024 Cryptocurrency Trends in Online Casinos

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TORONTO, Nov. 7, 2024 /PRNewswire/ – Extensive research into the dynamics of cryptocurrency usage in online casinos in 2024 has been carried out at CasinoRIX, the leading online casino review platform. This study, elaborated by the experts at CasinoRIX, deeply analyzes the dynamic landscape of cryptocurrency transactions that change substantially for both players and operators. The team at CasinoRIX is committed to delivering significant insights into the world of online gambling.

Working with CryptoProcessing by CoinsPaid, the number one cryptocurrency payment solution provider for high-risk industries, CasinoRIX received critical insight into where crypto currently is in online gambling. CryptoProcessing reported that in excess of 60% of Bitcoin transactions occurring over their network were for online gaming; they underlined more than 55% of the global online gambling audience as being a holder of cryptocurrency already, showing its increasing vulnerability in the market. According to data indications by them, cryptocurrencies are the alternative needed for traditional banking, which usually comes with high fees, delays in transactions, and chargebacks.

Otherwise, CasinoRIX questioned industry partners for their opinions, among which are: BetCare, TonyBet and 22Bet, Gypsy Partners, and 13aff among operators, providing essential feedback on trends in cryptocurrency engagement. TonyBet underlined that while crypto players are a minority, their average value is three times bigger than that of fiat players. They made a case that crypto players’ main expectations are instant withdrawals and the availability of popular games allowing crypto.

Meanwhile, at 22Bet, cryptocurrency usage saw a drastic decline from 1.9% in 2023 to 1.6% in 2024, while such transactions fell to 2.4% from 9.9% in the same period. This has further put into question the trajectory that may be taken in the growth of cryptocurrency adoption in online gambling.

Still, Gypsy Partners recorded a rise in crypto payouts by 8.3%, balancing the books. 13aff also related the consistent interest in crypto payments, citing 10–13% of their depositors choosing the option. They concluded by stating that they believe on-ramp solutions will only continue to build positive shine on crypto, but they understand these digital currencies take time to become more important among the choices available in payment options across the industry.

Here is the complete report with a trend of cryptocurrency use in online casinos. CasinoRIX continues to update users on the latest news and developments in online gambling as well as new payment methods and shifting industry dynamics.

View original content:https://www.prnewswire.com/news-releases/casinorix-research-highlights-2024-cryptocurrency-trends-in-online-casinos-302299060.html

SOURCE CasinoRIX

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Solential Energy Powers Fort Wayne with Innovative Microgrid Technology

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CARMEL, Ind., Nov. 7, 2024 /PRNewswire/ — Solential Energy is proud to announce the successful activation of Fort Wayne’s Microgrid, a pioneering project designed, built, and installed by Solential, enabling the city to self-generate power for its water and sewer utilities. This initiative places Fort Wayne among the few U.S. cities that have embraced independent power generation for critical infrastructure.

 

In September last year, Solential installed a state-of-the-art floating solar panel array atop the Water Pollution Control storage ponds. This array comprises 12,000 solar panels that harness solar energy to power the Three Rivers Filtration Plant, the Water Pollution Control Plant, and the Wet-Weather Pump Station, covering a significant portion of their daily energy needs.

These microgrids are not only capable of operating independently using locally sourced energy but are also connected to the national grid, ensuring flexibility and reliability. The innovative design integrates solar power with biogas generated from food waste and natural gas engines, enhancing the sustainability and efficiency of the energy produced.

The microgrid is set to deliver approximately 40% of the necessary power for these facilities, while also reducing greenhouse gas emissions by 4,600 tons annually—an achievement that underscores Fort Wayne’s commitment to environmental responsibility and operational efficiency.

Solential’s system also includes a sophisticated battery storage solution to provide energy during cloudy and low-sunlight periods, ensuring continuous power supply regardless of weather conditions.

The project, which has already gained accolades for its design and impact, is a testament to Fort Wayne’s commitment to enhancing quality of life through sustainable practices. Mayor Sharon Tucker has lauded the project, highlighting its role in demonstrating the city’s dedication to progressive energy solutions.

With the operational costs for these facilities totaling about $2.8 million in 2023, the city officials project that the microgrid will not only pay for itself within 20 years but will also generate additional savings of $8 to $10 million over its lifetime.

Solential Energy is honored to have partnered with Fort Wayne on this transformative project, delivering a robust, reliable energy solution that sets a new standard for municipal utilities nationwide.

For further details on this project and future initiatives, please contact: marketing@solential.com and view our website: https://solential.com/

About Solential Energy
Solential Energy, headquartered in Carmel, Indiana, specializes in developing and implementing cutting-edge energy solutions that promote sustainability and resilience for communities and industries across the nation.

View original content to download multimedia:https://www.prnewswire.com/news-releases/solential-energy-powers-fort-wayne-with-innovative-microgrid-technology-302298724.html

SOURCE Solential Energy

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