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CICE Announces Recipients of 2024’s First Call for Innovation Funding

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Nine companies secure a total of $7.6 million to scale breakthrough solutions for building a net-zero economy

VANCOUVER, BC, July 22, 2024 /CNW/ – The B.C. Centre for Innovation and Clean Energy (CICE) is investing $7.6 million to fast-track the development, commercialization and adoption of clean energy and climate solutions in British Columbia. These non-dilutive investments are being made through CICE’s first 2024 Call for Innovation, which attracted close to 200 applications from across the province.

“Congratulations to the nine inspiring companies awarded funding through CICE’s first 2024 Call for Innovation,” said Josie Osborne, Minister of Energy, Mines and Low Carbon Innovation. “These projects are essential for British Columbia’s goals of building a clean economy and healthier environment with good-paying jobs for people and more economic opportunities for communities. We are proud to support CICE in nurturing innovation, generating employment, and ensuring long-term sustainability for our province.”

Funded recipients playing a critical role in meeting climate action and clean energy objectives include:

BATTERY AND ENERGY STORAGE

Brokkr Mineral Resources Corporation is pioneering a first-of-its-kind, nature-based (bio)hydrometallurgical process for clean, low carbon extraction and purification of battery-grade nickel and cobalt.Fuse Power Management Ltd. is accelerating the vehicle-to-grid (V2G) ecosystem by delivering a fully functional and scalable V2G solution that will optimize efficiency to balance the electricity grid with electric buses, reducing carbon and particulate emissions.Telescope Innovations Corp. is constructing a continuously operating lab-scale pilot for converting crude lithium chloride brines into battery-grade lithium carbonate, utilizing their carbon-negative and low-cost process, ReCRFT.

CARBON MANAGEMENT

Arca Climate Technologies Inc., a leader in carbon mineralization technology and XPRIZE finalist, leverages historical mine waste to remove CO2 safely and permanently. And because it operates on the existing footprints of large-scale industrial operations, its pathway has gigatonne-scale potential, with an ultralight footprint.CO280 Solutions Inc. is developing large-scale carbon dioxide removal (CDR) projects to permanently scale and increase affordability of carbon removal in the pulp and paper industry.

LOW CARBON BIO AND SYNTHETIC FUELS

Hydron Energy Inc. is commercializing a disruptive solution that converts raw gases into clean refined fuel. CICE’s funding will deploy Hydron’s technology at the Wastewater Treatment Plant in Prince George, lowering emissions by upgrading biogas into renewable natural gas instead of flaring it.Salish Environmental Group is developing a co-generation technology that utilizes construction, demolition, and forestry wood waste to produce heat and electricity to power greenhouses to help create year-round food security, turning a previously underutilized bioresource into an emissions reducing fuel.

LOW CARBON HYDROGEN

pH7 Technologies is commercializing an electrolyzer enabled extraction process to get more copper out of low-grade ores to keep up with growing market demand, while also producing clean hydrogen to lower mine emissions.HPDI Technology is advancing a project, through a new joint venture between Westport Fuel Systems and Volvo Group, that aims to nearly double the range of hydrogen-HPDI equipped heavy duty trucks.

“With 13 companies featured on the 2024 Global Cleantech 100 list, Canada is already leading as an innovation nation,” said Sarah Goodman, CEO of CICE. “British Columbia is home to many remarkable climate technology entrepreneurs who are spearheading this movement. CICE is proud to support the growth of these exceptional companies by validating actionable decarbonization pathways, unlocking access to capital, and accelerating the development and adoption of essential net-zero technologies.” 

Since October 2021, CICE has played a critical role in bridging collaboration between public and private sectors, and providing BC-based innovators faster, easier access to the early-stage funding and collaborative partnerships they need to be global leaders in climate action. To date, CICE has invested $31 million in 47 clean energy and climate technology projects valued at over $170 million.

About CICE

The B.C. Centre for Innovation and Clean Energy (CICE) is an independent, not-for-profit corporation that provides early-stage, non-dilutive investment to fast-track the commercialization of British Columbia’s most impactful clean energy solutions – from Canada to the world. We match the urgency and efficiency of the companies we fund, driving innovation like the planet depends on it. Because it does. Together with our climate-first community of innovators, industry leaders, academia, government, and Indigenous partners, we advance future pathways to net-zero – leveraging British Columbia’s clean energy advantages to attract investment, create good jobs and build sustainable economic prosperity for decades to come. www.cice.ca

SOURCE B.C. Centre for Innovation and Clean Energy

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Zoomcar, Inc. Announces Adjournment of Annual Stockholders Meeting to October 1, 2024

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BENGALURU, India, Sept. 27, 2024 /PRNewswire/ — Zoomcar, Zoomcar Holdings, Inc. (“Zoomcar” or the “Company”) (NASDAQ: ZCAR), the NASDAQ-listed leading marketplace for self-drive car sharing, announced that the Annual Meeting of Stockholders, previously scheduled for September 26, 2024, has been adjourned to October 1, 2024. The meeting will reconvene virtually at 10:00 AM ET.

The adjournment will allow additional time for stockholders to cast their votes on the proposals outlined in the proxy materials. As described in the proxy materials previously distributed, stockholders as of the close of business on July 29, 2024, the record date, are entitled to participate in the Annual Stockholders Meeting.

Zoomcar encourages all stockholders to actively participate in the meeting and exercise their voting rights. Stockholders may cast their votes prior to the meeting by visiting www.proxyvote.com, or they can vote during the meeting by visiting www.virtualshareholdermeeting.com/ZCAR2024 or by calling 1-800-690-6903.

Additionally, if you require assistance with voting your shares or have any other questions in relation to the meeting, please contact the proxy solicitor on the direct line at +1 206-265-0326 or write at ksmith@advantageproxy.com.

About Zoomcar:

Founded in 2013 and headquartered in Bengaluru, India, Zoomcar is a leading marketplace for car sharing focused in India. The Zoomcar community connects Hosts with Guests, who choose from a selection of cars for use at affordable prices, promoting sustainable, smart transportation solutions in India.

Forward Looking Statement

This communication contains forward-looking statements that are subject to a number of risks and uncertainties, many of which are beyond the Company’s control. These forward-looking statements within the meaning under applicable law, can be identified by the use terms such as “may,” “will,” “aim,” “empower,” “estimate,” “intend,” “indicate,” “continue,” “promote,” “believe,” “boosting”, “elevate,” or “enhance,” or the negatives thereof, as well as other variations or comparable terminology. We ask that you read statements that contain these terms carefully because we believe this information is important for our investors and customers. Any forward-looking statement in this press release refers solely to what is accurate as of the day it is issued or based on assumptions that Zoomcar believes to be reasonable. The actual results and outcomes may materially differ due to various factors or events beyond our control which we may not be foreseeable at all times. We cannot guarantee or assure any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this press release can or will be achieved. We undertake no obligation to alter or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as required by law.

Press Contact:

Akarshit Gulati: akarshitg@avianwe.comBhagyashree Rewatkar: bhagyashree.rewatkar@zoomcar.com

Logo: https://mma.prnewswire.com/media/2517562/Zoomcar_Logo.jpg

 

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SOURCE Zoomcar Holdings, Inc.

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InventHelp Inventor Develops Assistive Device to Support Head (SCO-259)

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PITTSBURGH, Sept. 27, 2024 /PRNewswire/ — “I’m a certified nursing assistant, and I thought there could be a device to help support the head for patients with various disabilities,” said an inventor, from Sacramento, Calif., “so I invented the NOR- LIFT. My design would help keep the head straight in a simple and strain-free manner.”

The invention provides an effective way to support the head so it is straight. In doing so, it eliminates the strain and pain associated with attempting to elevate the head without assistance. As a result, it increases comfort, safety and support. The invention features a practical design that is easy to use so it is ideal for individuals with various disabilities that affect the head. Additionally, a prototype model and technical drawings are available upon request.

The original design was submitted to the Sacramento sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 23-SCO-259, InventHelp, 100 Beecham Drive, Suite 110, Pittsburgh, PA 15205-9801, or call (412) 288-1300 ext. 1368. Learn more about InventHelp’s Invention Submission Services at http://www.InventHelp.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/inventhelp-inventor-develops-assistive-device-to-support-head-sco-259-302255278.html

SOURCE InventHelp

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Amerisure’s SureConnect® Portal Wins 2024 Datos Insights Technology Award

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Amerisure Insurance is proud to announce that its flagship customer portal, SureConnect® has received a prestigious Datos Insights 2024 Insurance Technology Impact Award in the Digital category.

FARMINGTON HILLS, Mich., Sept. 27, 2024 /PRNewswire-PRWeb/ — Amerisure Insurance is proud to announce that its flagship customer portal, SureConnect® has received a prestigious Datos Insights 2024 Insurance Technology Impact Award in the Digital category. This accolade underscores Amerisure’s commitment to leading digital innovation in the insurance industry, enhancing customer satisfaction and streamlining operational efficiency.

“This award reflects our approach to partnering with customers and applying feedback to extend the SureConnect® difference,” said Amjed Al-Zoubi, Chief Information Officer at Amerisure.

SureConnect® is designed to enhance the insurance management process for policyholders, employees, and agency partners alike. It allows users to efficiently file claims, access loss data, and check claim statuses with reduced wait times and minimal manual intervention.

The recent enhancements to SureConnect® have yielded remarkable improvements: a reduction in customer onboarding time by over 60%, an increase in user satisfaction scores from 83 to 91, and a 16% increase in the value of the portal to agency customers. These advancements have not only improved the daily operations for Amerisure’s partners but have also significantly enhanced their overall experience.

“We are focused on the customer experience at Amerisure and recognize the growing importance of digital interactions in insurance,” said Amjed Al-Zoubi, Chief Information Officer at Amerisure. “This award reflects our approach to partnering with customers and applying feedback to extend the SureConnect® difference.”

The ongoing development of the comprehensive, usercentric SureConnect® portal is a testament to Amerisure’s dedication to innovation and excellence. As the digital landscape evolves, Amerisure continues to anticipate and respond to the needs of the modern insurance customer, ensuring that each update not only addresses current challenges but also sets new standards in the insurance industry.

About Amerisure Insurance
Amerisure is a leading provider of commercial property and casualty insurance solutions for U.S.-based construction, manufacturing and healthcare businesses. Licensed in all fifty states and available through an exclusive network of elite independent agents, the company upholds an “A” (Excellent) financial strength rating, industry-leading service scores, and multiple awards for innovation. Amerisure has been in business for more than 100 years and is consistently named among the best places to work in the industry and throughout the nation. To learn more, visit amerisure.com.

Media Contact

Marilyn Banes, Amerisure, 248-426-7914, mbanes@amerisure.com, Amerisure

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SOURCE Amerisure

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